Publisher one

Genie AI

Jurisdiction

England and Wales

Contract party

Relevant sectors

Type of legal document

🏡 Measured term contract

Business activity

Create a contract

Why use a 🏡 Measured term contract?

A measure term contract is an agreement between two parties in which one agrees to provide a specified amount of goods or services to the other at agreed-upon intervals over a set period of time. This type of contract is often used in business arrangements where one company agrees to provide another company with a set amount of goods or services on a regular basis.

The JCT Measured Term Contract is a legal template that is specifically designed to regulate construction projects in the United Kingdom under UK law. This contract establishes a framework for measuring the quantities and valuing the completed works over a specified period, typically used for maintenance or repair works. It outlines the responsibilities and obligations of both the employer and the contractor, ensuring clarity in terms of project scope, payment terms, completion deadlines, and dispute resolution mechanisms. This template is an essential tool for ensuring a transparent and regulated process, helping to mitigate potential conflicts and risks during the construction project.

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