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HomeNEC3

Tag: NEC3

Posted on 21st January 2020
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Float & Float Ownership

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...

contract administration, contract management, float, float ownership, NEC3

NEC3/NEC4, Project Services

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Posted on 21st January 2020
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Project 13 – From transactional structure to enterprise

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...

contract administration, contract management, NEC3, project 13

Contract Administration, NEC3/NEC4, Project Services

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Posted on 21st January 2020
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Programme acceptance under NEC3

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...

contract administration, contract management, NEC3, programme acceptance

Contract Administration, NEC3/NEC4, Project Services

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