So far it is clear that NEC4 harnesses risk via the contract option and integrated EW and CE mechanisms, with an avenue to add a completely bespoke provision via Z clauses. There is one more way in which risks...
NEC4 replaces the NEC3 Risk Register with the Early Warning Register (EWR).This is a sound change given that in NEC3 the Risk Register was confused with project risk registers supplementary and external to the contract.Saying that, the breadth of...
In this article the author discusses how evaluative mediation can be used to improve the efficiency of Change Control on Projects operating under NEC3 type of Contract. NEC3 ECC TheNEC3Engineering and Construction Contract (ECC) is the leading contract within...
Understanding the concept of Float and Float Ownership is critical to those administering NEC3 Engineering and Construction Contract. Unfortunately both concepts are often misunderstood. I have heard the phrase “Contractor owns the float” too many times. Let’s look into...
Business models used to deliver and operate ever growing infrastructure in the UK have proven to deliver projects over budget, past deadline and below face value. Project 13 is a response to the challenges faced by the industry in...
NEC (New Engineering Contract) is a suite of contracts that put emphasis on partnering and collaboration between the contractor and client. Unlike other standard frameworks for construction contracts, NEC3 is strict with its requirements for the development, acceptance and...