ABSTRACT
The Intermediate Form of Building Contract is published in two versions. The first, referred to in this guide as IC16, is the equivalent of the original Intermediate Form of Contract, first published in 1984, and the second (ICD16) is a variant that incorporates provisions for contractor’s design of part or parts of the works. IC16 and ICD16 are both lump sum contracts, which means the works shown in the contract documents must be carried out for the contract sum ‘or such other sum as becomes payable’ under the contract. IC16 and ICD16 are both lump sum contracts, which means the works shown in the contract documents must be carried out for the contract sum ‘or such other sum as becomes payable’ under the contract. The Joint Contracts Tribunal no longer suggests financial limits on where it might be appropriate to use the form, and it would be suitable for a wide range of contract values.
