Skip to main content
If banking can use digital contracts...
why not construction?
Sarah Fox, 500 Words Ltd
#TrustworthyLydianCoins
Challenge 1: Technology
#TrackLegalCompletion
Challenge 2:
Language
(words words
words)
0 10000 20000 30000
JCT DB 2016
CIOB Complex 2013
ACA PPC 2000
NEC4 Core
Schedules etc
Core Conditions
SOURCE: Research by 500 Words Ltd
#TinyLittleContracts
0% 10% 20% 30% 40% 50%
Simpler language
Simpler contracts
Simpler to adapt
% respondents
Survey © 500 Words Ltd, 2015
Challenge 3: Conduct
#TransparentLiveCollaborative
0% 10% 20% 30% 40% 50%
Fairer risk allocation
Earlier contractor involvement
Collaborative approach
% respondents
Survey © 500 Words Ltd, 2015
#GetYourTLC
Technology
Language
Conduct
#TinyLittleContracts
Transparent
Live
Collaborative