Introduction to JCT Contract Administration Termination and Insolvency (Part 2)
Introduction to JCT Contract Administration Termination and Insolvency (Part 2)
This course aims to introduce the basic principles of dealing with a JCT construction contract where the project is required to be terminated.
After studying this course you should be able to:
1. Understand why and how termination occurs
2. Understand the procedures for terminating a contract under a JCT contract
3. Understand the different types of insolvency
4. Identify the signs leading to insolvency
5. Prepare a procedure to deal with contract continuation
6. Describe the special contractual problems on continuation contracts