ABSTRACT
A 2015 survey was based on responses from around 1,000 construction parties made up from clients, contractors and consultants. The survey found of the people surveyed, in 39" of projects Joint Contracts Tribunal (JCT) contracts were used, whereas NEC contracts was used in 30" of projects. This level of New Engineering Contract (NEC) usage reflects the competition that the JCT is experiencing from the rival standard form. Lump sum contracts where the contract sum is known before work starts on site and the contractor agrees to undertake a defined amount of work for a specific amount. Measurement contracts where the contract is assessed and remeasured as on a previously agreed basis. Cost reimbursement contracts where a contractor is reimbursed on the basis of the prime cost of labour materials and plant plus an agreed percentage addition to cover overheads and profit.
