JCT contract

[Kings]

Hi 

we are just about to start on new build and have hired a small builder to to the complete build.

we are looking at a JCT contract. Fixed price.

contract looks basis to me.

 

what are the pros and cons. What should I look for in a contract 

ant advice?

thanks

Kerri

[Claire Eason]

Hi

We are looking to setup a contract for Groundworks on our self build and was wondering whether to use

JCT Contract Building Contract for a Home Owner/Occupier who has not appointed a consultant to oversee the work (HO/B)

or

Contractstore Building Contract for Home Owner or Self Builder (B152)

Has anyone use either of these?

 

[Ralph]

On 15/02/2020 at 11:20, Kings said:

Hi 

we are just about to start on new build and have hired a small builder to to the complete build.

we are looking at a JCT contract. Fixed price.

contract looks basis to me.

 

what are the pros and cons. What should I look for in a contract 

ant advice?

thanks

Kerri

We are just in the process of signing up to a JCT Minor Works Building Contract with contractor’s design.

 

I would say you need to make sure you and the builder have agreed and are happy with the interim valuation dates and payment schedules and that they match up with any fund release from your mortgage provider. 

 

I think it also helps to have someone familiar with the contract, in our case the architect, as contracts administrator.