NCE VS JCT Flashcards
When is an NCE contract used?
Civil engineering projects
Large complex projects
Why is an NCE contract used
For collabrative approach
easy to understand, has less jargon
What contract structure does NCE offer?
A pick and mix option for clauses
9 core clauses
19 secondary clauses
What payment options are there in NCE?
A – Priced contract with activity schedule
Price/costing for each activity
B – Priced contract with bill of quantities
Similar to JCT, valuations done, paid based on percentage complete and BOQ
C – Target contract with activity schedule
Agreed target cost between client and contractor – no fixed price for each activity
D – Target contract with bill of quantities
Same as C but for BOQ
E – Cost reimbursable contract
Like cost plus in JCT
F – Management contract
Works like the procurement route – people manage contracts for a fee
What difference is there in the NCE payment timeline
Same as JCT but payless notice is 7 days rather than 5
What is relevant events called in NCE?
Compensation Events
what options are there for ADR in NCE
The ADR option only applys when the Housing Grants, Construction and Regeneration Act 1996 dosent.
W1. Ajudicator - has to be done at certain times, by certain people. used for international contracts
w2. Ajudicator - may be referred to at any time, by anyone - used in UK
When is a JCT contract used?
Used for all building and construction projects - all sizes
why is a JCT contract used?
Single form of contract
Whats a disadvantage of JCT?
Hard to understand due to lots of jargon
