Webinar - 22/1/2020 1pm GMT Overview of Payment Provisions Under JCT D&B Contract - Listed Items and Deductions
WED, JAN 22, 2020 01:00 PM - 02:00 PM GMT
What’s it about?
The aim of this webinar is to explain the payment provisions under the JCT Design and Build Contract, in relation to both listed items and deductions.
You will learn
By the end of this webinar you will be able to:
- Understand the basics of the process for making payment provisions for listed items, costs and expenses for suspension-related costs and other miscellaneous items under DB16
- Describe the process for adjustments from the gross valuation, including notably withholding percentage and advanced payments and bond,
- Explain how to overall payment process works under DB16, and
- Identify the process for making deductions on payment provisions for DB16