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ARTICLE · 22 AUGUST 2024

JCT 2024 Contracts – What's Changed?

On 17 April 2024, the Joint Contracts Tribunal (JCT) introduced a new suite of contracts that would follow the previous 2016 and 2011 editions.

United KingdomInsolvency/Bankruptcy/Re-Structuring

On 17 April 2024, the Joint Contracts Tribunal (JCT) introduced a new suite of contracts that would follow the previous 2016 and 2011 editions.

In their Launch Event broadcast live on 01 May 2024, a panel of experts discussed the new JCT 2024 contracts, detailing the main changes and new features within the suite.

Below are a few of the key points discussed.

JCT Modernisation

Extension of Time

Victoria Peckett, of Clyde and Co, noted that changes to this section were designed to streamline the process for dealing with interim Extension of Time claims.

As part of the changes, the party receiving such a claim will have 14 days to ask for further information.

Relevant Events

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