Public and private funding


Public and private funding:

Question:

Your Client is undecided as to which contract to utilise on a large mixed use development including public and private funding. They have been debating the use of NEC3 and JCT SBC 2011 and have requested you Provide a critically analysis of the major differences between the two contracts. You should clearly define the difference between the two forms of contract and discuss possible impacts on the development processes.

Credit will be given for argument supported by reference to relevant clauses from the Conditions of Contract. Credit will not be given for copying out clauses from the Conditions of Contract without evidence that you understand their relevance to the problem under consideration.

Assessment Criteria:

REQUIRESMENTS OF URGENTESSAY

• Understand the above question and what is required
• Writer should have access to NEC3 contract and JCT STB, both of which will be uploaded
• Writer should be aware of the English legal system
• Review the question and below format of research required. There are three section to consider, 1) programme, 2) extension of time and loss and expense, 3) contract administration. For each section, please provide the differences between the two contracts respectively and copy into this document the relevant clauses referencing back to which point it has been discussed.
• Please do not edit the formatting of this document
• Please do not run this document through any plagiarism checker
• Please submit answers on this document and do not add any cover pages etc

1) Programme:

Discuss differences between programme between JCT and NEC contract

  • JCT:
  • NEC:

State the relevant clauses that have been used to discuss the differences from the contract:

  • JCT:
  • NEC:

2) Extension of time/loss and expense

Discuss differences between extension of time and loss and expense between JCT and NEC contract

  • JCT:
  • NEC:

State the relevant clauses that have been used to discuss the differences from the contract:

  • JCT:
  • NEC:

3) Contract Administration

Discuss differences between contract administration between JCT and NEC contract

  • JCT:
  • NEC:

State the relevant clauses that have been used to discuss the differences from the contract:

  • JCT:
  • NEC:

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Accounting Basics: Public and private funding
Reference No:- TGS01436005

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