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What are the changes in the JCT Intermediate Building Contract 2016?

What are the changes in the JCT Intermediate Building Contract 2016?
Published on: 09 December 2016
Published by: LexisPSL
  • What are the changes in the JCT Intermediate Building Contract 2016?
  • Original news
  • What is the Intermediate Building Contract?
  • What are the changes?

Article summary

Construction analysis: We explore the changes made in the 2016 edition of the Joint Contracts Tribunal (JCT) Intermediate Building Contract (IC), which was published on 7 December 2016. The changes are consistent with those found in the 2016 editions of the JCT Design and Build Contract and Standard Building Contract—simplified payment provisions, performance bond/parent company guarantee requirements, third party rights from sub-contractors, a new insurance option, and changes to bring the contract in line with the Construction (Design and Management) Regulations 2015 and the Public Contracts Regulations 2015. or take a trial to read the full analysis.

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