JCT Adjudication Agreement (Named Adjudicator)
The JCT Adjudication Agreement (Named Adjudicator) under UK law is a legal template that outlines a contractual arrangement for resolving disputes in the construction industry. Adjudication is a process mandated by the Housing Grants, Construction and Regeneration Act 1996, which allows parties involved in a construction project to quickly and cost-effectively resolve disagreements without resorting to lengthy and expensive litigation.
This template agreement specifically caters to parties who have opted to appoint a named adjudicator to oversee the adjudication process. The named adjudicator is an independent and neutral third party with expertise in construction law who will act as the decision-maker in resolving the dispute. Typically, the named adjudicator is agreed upon by both parties to ensure impartiality and fairness.
The JCT Adjudication Agreement sets out the terms and conditions under which the adjudication will take place, including the scope and nature of the dispute, the agreed adjudicator's remuneration, the appointment process, the timeframe for issuing the decision, and the enforcement mechanism for the adjudicator's decision.
This legal template aims to provide a clear framework for parties to follow during adjudication, offering transparency and allowing for an efficient resolution of disputes in the construction industry. It helps in avoiding unnecessary delays and excessive costs associated with traditional court proceedings, promoting fair and impartial decision-making.