An Introduction to Contract Choice (Part 2)
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The aim of this three part series of courses is to explain briefly how standard forms of contracts are to be chosen. Developing an effective contract strategy that supports the client's objectives and allocates risks to those best able to control them, is critical to delivering a project successfully.
After studying this course, you should be able to;
1. Concentrating on JCT contracts and in particular; JCT SBC 11: Standard Building Contract, JCT IC 11 Intermediate Building Contract, JCT MW 11 Minor Works Building Contract, JCT PCC 11 Prime Cost Building Contract, JCT DB 11 Design and Build Contract, JCT MP 11 Major Project Construction Contract, JCT MC 11 Management Contract, JCT MTC 11 Measured Term Contract, JCT CM 11 Construction Management documentation, JCT Consumer Contracts 2011 Home Owner/Occupier, JCT FA 11 Framework Agreement and JCT CE 11 Constructing Excellence Contract.
2. Explain how after being roundly criticised by Latham (1994), the JCT completely reorganised itself to involve more appropriate approaches to the negotiation and drafting of standard-form contracts.