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C/L/636. Examination of the JCT DB contract in economic downturn
- WORDS:
- 2900
- DATE:
- 2010
- PRICE:
- 29.99 GBP
This paper examines the JCT DB contract and the way in which developers can be protected under it, by ensuring that sub contractors do not abuse the rights of the contract. The paper is a report written for a developer, presenting the ways in which he can be protected during this economic climate. The paper outlines the elements that the JCT system actually deals with, whilst evaluating the factors that surround it, like determination of the contract, insolvency protections, and performance bonds. The report also discusses other matters involving the JCT, like the ownership of materials. The paper refers to many cases including Melville Dundas Ltd, Trent Holdings, Perar v General Surety and Guarantee Company Ltd, Reinwood v L Brown & Sons, and Trafalgar House Construction Ltd v General Surety, to support the report.
KEYWORDS: JCT DB contract, developers, sub contractors, economic climate, determination, insolvency, performance bonds, Melville Dundas Ltd, Trent Holdings, Perar v General Surety, Guarantee Company Ltd, Reinwood v L Brown & Sons, Trafalgar House Construction Ltd v General Surety!,
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