JCT launches new 'Major Project Form' of Contract

• Author:
• Pinsent Masons Construction and Engineering Group

The JCT has just launched a new Major Project Form of Contract (MPF) which, it is anticipated, will - in due course - replace the traditional JCT With Contractor's Design Form of Contract (WCD) on major design and build projects.The MPF represents a significant leap forward in thinking compared with the WCD. It is short and concise (14,500 words instead of the 85,000 words of WCD). It is clearly and - all in all - sensibly drafted. It more closely resembles current market practice than the WC... (2333 more words)

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