Insurance Options Jct Minor Works
It then goes on.
Insurance options jct minor works. The 2016 versions will provide for the grant of performance bonds and parent company guarantees and the optional provisions for the obtaining of collateral warranties from sub contractors now extend to the alternative of the granting of third party rights to sub contractors. Accordingly the insurance provisions are shorter and simpler than those in contracts such as the jct design and build contract. When arriving at a minor works jct contract you should select insurance clause 5 4b which is the insurance of existing structures and works by the employer in the joint name of the employer and the contractor. The other main contract will be published shortly.
The jct minor works options already operate as from june 2016. Option a which is where the contractor takes out and maintains joint names all risks insurance of the works option b which is where the employer takes out and maintains the joint names all risks insurance of the works. Those circumstances where clauses 5 4a and 5 4b are not appropriate. When insuring the contract works the minor works contract provides three options from which to choose.
There are three different insurance options for joint contracts tribunal insurance. The jct minor works building contract minor works is designed for smaller basic construction projects where the work is of a simple nature. Jct 5 4a this requires the employer to be included as a joint name with the contractor on the insurance policy for the new works. Accordingly the insurance provisions are shorter and simpler than those in contracts such as the jct design and build contract.
New builds it states that the contractor takes out the contract works insurance policy and names the employer as joint assured. The jct minor works building contract minor works is designed for smaller basic construction projects where the work is of a simple nature. The following options are available to choose from in the jct minor works contract. This has two effects.
Some of the jct insurance options we offer are jct design and build contract 2011 jct db11 jct minor works building contract with contractors design 2011 jct mw d11 or the relevant clause to your project does not appear here we can still help you please call 01825 745 410. It looks first at the insurance provisions dealing with the works including existing structures and then offers possible solutions where clause 5 4c is to operate i e.
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