I LOVE YOU JUST THE WAYYOU ARE

摘要

Peter Hibbard, the chairman of the JCT, recently told me that take up of the Major Project Construction Contract (MPCC) - first published in 2005, but since revised with the other JCT forms - has been low. I was surprised. We have been using it extensively and successfully on a range of projects, from City towers to small extensions and fit-out projects. It is the favoured form of many large developers and, indeed, the only JCT form used by a couple of them.rnThe reasons for this have been well rehearsed: it was drafted with significant private sector client representation, it incorporates most of the banking and property provisions required on development projects; it aims to ensure that both risk and the ability to manage that risk are effectively transferred to the contractor with limited opportunity for the exploitation of the contractual loopholes that characterise the traditional claims culture.