Introduction to JCT Insurances, Bonds and Collateral Warranties

Suitable for CPD requirements of RICS, CIOB, ICE, and CICES members.

After studying this course, you should be able to:

• Identify the various types of insurance and other protection devices commonly included in JCT construction contracts.
• Define and explain the major differences between insurance policies, bonds, guarantees and collateral warranties.
• Explain in detail the insurance requirements of the JCT Standard Building Contract (SBC).
• Identify the different types of collateral warranty Identify the different types of collateral warranty documents used across the JCT suite.

This course is produced by Built Intelligence, in association with Contract & Construction Consultants and Thomson Reuters and is based on the JCT Contracts Discovery published in 2012. Special thanks to Christopher Dean and Lisa Vernon from Contract & Construction Consultants for their contributions.