JCT Announces Release of 2024 Edition of Contracts
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Étude de marché 18 mars 2024 18 mars 2024
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Royaume-Uni et Europe
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Regulatory risk
JCT has announced that the release of its 2024 Edition of Contracts, which will launch with the Design and Build family of contracts, will take place on 17 April 2024.
This article was first published by Corporate JCT Ltd. Click here to read the original article.
An online launch event, which will give an overview of JCT 2024 and explain the main changes and features of the new edition, will take place in conjunction with Building Magazine on 1 May 2024.
The Design and Build 2024 Contracts will be made available simultaneously across all platforms – hardcopy, JCT On Demand digital, and via the JCT Construct digital subscription service.
Customers who wish to receive their hardcopy forms on release day can pre-order the following contracts from the JCT online store from today (Monday 18 March):
- Design and Build Contract 2024 (DB 2024)
- Design and Build Contract Guide 2024 (DB/G 2024)
- Design and Build Contract 2024 Tracked Change Document (DB 2024 Tracked)
JCT originally trailed the launch of the 2024 Edition back in June 2023 at its annual Construction Industry Parliamentary Reception, which introduced the following key themes:
- Modernising and Streamlining – including adoption of gender neutral language, and increased flexibility around the use of electronic notices.
- New for JCT 2024 – the introduction of a new contract family, JCT Target Cost Contract (TCC), comprising main contract, sub-contract, and guide.
- Legislative changes – major updates in relation to the new Part 2A of the Building Regulations, Termination accounting and payment provisions reflecting the Construction Act, new insolvency grounds reflecting the Corporate Insolvency and Governance Act 2020.
- Future proofing – including changes to reflect the objectives of the Construction Playbook, and the incorporation of previously optional supplemental provisions relating to Collaborative Working, and Sustainable Development and Environmental Considerations, into the main document.
The launch event on 1 May will provide more information about the background and detail of these changes, and features presentations from the following members of JCT’s Drafting Sub-Committee:
- Victoria Peckett, partner, Clyde & Co LLP, chair, JCT Drafting Sub-Committee
- John Riches, director, Henry Cooper Consultants Limited, vice-chair, JCT Drafting Sub Committee
- Ben Patton, partner, Ashurst LLP, member, JCT Drafting Sub-Committee
- Sarah Elliott, partner, Wedlake Bell LLP, member JCT Drafting Sub-Committee
“A tremendous amount of hard work has gone into the preparation of JCT 2024. “We are thrilled to finally be able to announce the availability of the first contracts from the JCT 2024 Edition, and look forward to sharing more specific details about the changes with our users and the wider industry on 1 May.”
Victoria Peckett, chair, JCT Drafting Sub-Committee and Partner, Clyde & Co
The launch of DB 2024 will also coincide with a range of other information resources providing more information about the JCT 2024 Edition.
Users are encouraged to sign-up to the JCT Network to receive advanced information about Contract releases, more information about the 2024 Edition, and to get registration notice for the 1 May launch event.
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