JCT & Submission Specifics Flashcards
What are the processes for Traditional? Procurement Contract Documents Terminology Contract Provisions Variations Payment Final Account
Procurement Design Bid Build Fully developed design Cost Certainty Design Risk Retained
Contract Docs
Specification
Design Drawings
Bill of Quantities
Contract Provisions "Variation" CA/Architect acts impartially Article 4 refers to CPs Final Statement (Final Account)
Payment
MC not required to submit Interim Val
No Notice, default payment
What are the processes for D&B? Procurement Contract Documents Terminology Contract Provisions Variations Payment Final Account
Procurement ER's given to MC Stage 3 Design Contractor Proposals Contractor retains design risk Cost Certainty
Contract Docs
ER’s
CP’s
CSA
Contract Provisions "Change" EA acts on behalf of the Client Article 4 - No QS Final Adjustment (Final Account)
Variations
MC to issue quote within 14 days of change being identified
Payment
MC required to submit Interim Val
Main differences between Trad vs D&B
EA/CA Payment provision Terminology ER's / Specification Final Statement / Final Adjustment CSA vs Contract Sum
Talk me through the change process on your project?
Contractor notifies of change Agreement of change ECR Assessment of ECR by QS Agreement of value EAI Instruction
Why use standard form of contracts? (JCT, NEC)
Tried and tested
Common in industry
Why intermediate over minor works?
Minor Works;
- upto £250k
- no L&E
- No EOTs
- No Sectional Completion
Intermediate
- > £250k to £1m
- Provisions are included for collaborative working, sustainability, advanced payment, bonds and collateral warranties.
- It also specifies more detailed liability and insurance issues.
Name some contract amendments on your project?
Level of retention Rectification period Relevant Events - Covid19 Payment Period Evidence of payment to SCs CWs instead of TPR
Can you talk me through the process on materials on site claims on IVs?
Cls 4.13.1.2
“materials adequately protected against weather and other casualties and are not on works prematurely”
What is the Final Statement (D&B)
Final Statement becomes conclusive on the Final Due Date
When is the final Due Date under D&B?
1 month after whichever of the following occurs last
Expiry of the rectification period
Notice of Completion of Making Good
Date of submission of the Final Statement
What are the Final Account and Final Certificate procedures under JCT SBC?
The Contractor must provide all of the necessary information within 6 months of
Practical Completion.
The CA/QS must issue the final account to the Contractor within 3 months of receiving
all information.
The Final Date for Payment - shall be 28 days from the due date.
What are the Final Adjustments procedures under JCT DB?
Carry out final Interim Valuation
PC issued
The Contractor must issue a Final Statement:
- within 3 months of Practical Completion
|
Contractor does not submit Final Adjustments
|
Employer issue notice that FA must issue within 2 months otherwise Final Adjustments issued by Employer anytime after 2 months
What is Loss and Expense?
Direct loss or expense for events that the employer is responsible for. Excludes ‘consequential’ losses
JCT Procedure for Loss and Expense?
Contractor to make application as soon as it has become and submits substantiation
CA/EA to ascertain L/E claim
What are the programme requirements under JCT?
JCT SBC requires a master programme to be issued as soon as possible after execution of the Contract
Explain the JCT procedure for extensions of time and timelines?
o By in writing
o State cause of delay
o Identify Relevant Event
CA must issue the relevant notice within 12 weeks of the contractor’s notification
JCT 2011 to 2016
Intro of HGCRA Payment Terms CDM to PD BIM Protocols PGC or PB in CPs All risk insurance added
Payment timeline and procedures? Which Alternative?
Alternative B - Interim Payments
What is Loss and Expense?
Direct loss or expense for events that the employer is responsible for. Excludes ‘consequential’ losses.
When are there grounds to refuse partial possession?
If there is clear indication there it may affect the health and safety on the project
What would you do if the Contractor didn’t submit an interim valuation?
I would carry out my Valuation as I would every month - using the previous month valuation I would visit site and quantify what has been completed on site.
What is an Extension of Time?
An extension of the PC Date due to a relevant event that has occurred
How did your contract consider the impact of Covid-19?
There was a relevant event added that took into consideration the progress of works affected by Covid-19.
What must be included as part of the final account?
“as full and final settlement” wording
Signed by both parties
