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Formula rules (FR 2011)
Publication Year
2011
Document Status
Withdrawn
Abstract
These rules are derived from the 1977 Price adjustment formulae for building contracts (Series 2) - guide to application and procedure. They detail the formulae for the adjustment of the value of work allocated to Work Categories.
Document History
Updated by the Formula Rules (FR) 2016. JCT 2011 Contracts should be used for construction contracts entered into after 1 October 2011. This document is part of the JCT 2011 suite of publications.
Publisher Information
Sweet and Maxwell
Sweet and Maxwell are a large commercial Publisher for the legal and regulatory markets. In May 2005 they took over the publishing of the JCT contracts.
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London
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