Webinar - Introduction to Date of Possession and Completion under JCT D&B Contract
What’s it about?
Is your construction project suffering delays or were you late delivering your last project? You are not alone. The project team comes together to build unique buildings on sites and under circumstances that will rarely be repeated. These projects are often complex, demand high level of co-ordination, often started despite many uncertainties such as incomplete designs and ground surveys, and as a consequence, delays are common.
The aim of the webinar is to provide an introduction on the requirements for both the Date of Possession and Date of Completion, under the JCT Design and Build Contract which are key parts of the JCT Contract provisions for managing time and delay on these contracts.
You will learn
By the end of this webinar you will be able to:
- Describe the concept of possession, relevant case law and the possession requirements placed on contractors under JCT DB16,
- Understand the requirement for progress and relevant case law for JCT D&B 2016,
- Outline the concept of Completion and how it interfaces with liquated damages, and
- Define what are pre-agreed adjustments and how they are used.