JCT Contracts 2016 edition reflects new payment legislation and other changes including: Provisions incorporated and updated from the JCT Public Sector Supplement relating to Fair Payment, transparency and BIM into JCT Contracts CDM Regulations 2015 Reflect the Public Contracts Regulations 2015 Payment to reflect Fair Payment principles and to simplify and amalgamate the payment provisions Provisions for the grant of Performance Bonds and Parent Company guaranteesAn extension of (Works) Insurance Option C Minor updates and clarification of the intellectual property provisionsIncorporate (where appropriate) the provisions of the JCT 2012 Named Specialist Update JCT Design and Build Contract DB 2016 Appropriate where: Detailed contract provisions are necessary and Employer's Requirements have been prepared and issued to the Contractor Contractor is to carry out and complete the works, a well complete the design The Employer employs an agent (who may be an external consultant or employee) to administer the conditions Can be used: Where the works are to be carried out in sections By both private and local authority employers
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