construction contract
Joint Contracts Tribunal
building contract
construction excellence
Joint Contracts Tribunal
 

Prime Cost Building Contract (PCC)

Appropriate:

  • for projects requiring an early start on site, where the works are designed by or on behalf of the Employer but where it is not possible to prepare full design information before the works commence;
  • where detailed contract provisions are necessary and the Employer is to provide a specification describing and showing the items of work; drawings may also be provided; and
  • where an Architect/Contract Administrator and Quantity Surveyor are to administer the conditions.

The work proceeds on the basis of a brief specification and an estimate of its cost. The Contractor is paid his reasonable costs plus either a fixed sum or a percentage of the cost, as a fee.

Can be used:

  • where the works are to be carried out in sections; 
  • by both private and local authority employers.

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The Joint Contracts Tribunal (JCT) is the industry’s foremost contracts producing organisation. It produces standard forms e.g. standard construction contracts, standard building contracts and subcontracts for the construction industry. JCT 2005 suite of contracts includes JCT - Constructing Excellence Contract : Partnering Contract, Framework Agreement, Major Project Construction Contract, Standard Building Contract, Design and Build Contract, Intermediate Building Contract, Minor Works Building Contract, Repair and Maintenance Contract, Collateral Warranties and Partnering Charter. It also produces consumer contracts such as the homeowner building contract.