Webinar - Overview of Payment Provisions under JCT D&B Contract - Timing and Amounts Due

JCT Contracts
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This topic is for all questions raised on our webinar “Overview of Payment Provisions under JCT D&B Contract - Timing and Amounts Due”. If you haven’t already attended it, you can sign up here Webinar - Overview of Payment Provisions under JCT D&B Contract - Timi | Built Intelligence

What’s it about?

The aim of this webinar is to provide an overview of the payment provisions available under the JCT Design and Build Contract, including amounts due and timing.

You will learn

By the end of this webinar you will be able to:

  1. Describe the basics of the payment process for DB16, including the timing of payments within the overall process
  2. Understand how to ascertain the amounts due under DB16
  3. Define what value of work is in the context of DB16, and
  4. Explain the payment process for unfixed materials under DB16.
    @chriscorr @stevencevans
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If a contractor does not submit an application, is there a requirement to still issue a payment certificate stating no monies owed?

3

In relation to recouping monies paid to the contractor, is payment made “on account” a valid method?