NEC Core Clauses Explained
The clauses within the NEC contract can be split into the following categories: Core Clauses – which make up the main body of the contract – a chosen Main Option Clause which determines how work is paid, and a selection of optional bolt-on clauses known as SecondaryOption Clauses X Y or Z. Please click here for our selection of NEC tailored excel templates for download. In this Article we
NEC3 vs NEC4: The Key Changes
12 years after the release of the highly credible NEC3 a new NEC contract was formed. In March 2017 the
NEC Option A: Priced Contract with Activity Schedule
In a previous article we explored the different NEC Main Options. We gave a brief overview of each option, aiming to provide
What Are NEC4 X Clauses?
The NEC Engineering and Construction Contract (ECC) contains an array of core and optional clauses. These clauses are used to
NEC4 Contracts Explained
The New Engineering Contract (NEC). provides suites of standard forms of procurement processes and main contracts in construction. The first
NEC3 & 4 Disallowed Cost Explained
f you’re working under NEC Option C, D, E or F then you need to know about “disallowed cost”. Unlike “defined cost”,
NEC3 & 4 What Is An Early Warning?
One thing you can guarantee on a construction project is you will face issues. However it is how these issues
NEC Options – What Do They Mean?
NEC3 & 4 What Is A Compensation Event?
If you’ve ever worked on an NEC Contract you would have heard the term Compensation Event (CE). If you haven’t heard the term, you may have heard of Relevant Events, used on other contracts like JCT. This article will aim to provide clarity on Compensation Events and provide you with some practical examples. Please click here for our selection of NEC tailored excel templates for download. “Compensation Events are events which are usually not the fault of the contractor and change the cost of the work, or the time needed to complete it. As a result, the prices, key dates or the completion date may be reassessed, and in many cases the contractor will be entitled to more time or money” – Fenwick Elliot. The purpose of a CE is to place the contractor into the position he was in before the event occurred. In other words, if an event caused a contractor to lose £2,000, the CE would aim to reimburse the loss incurred. Alternatively, an event may cause a delay to the Completion Dateor Key Date. A CE will aim to alter these dates, so the effect of the event has no impact how early or late a project or key date completion is met. Disclaimer: The assumptions within this article are based on a non-amended NEC3 Engineering and Construction Contract. The clauses and project stakeholders will vary on different projects. Examples of Compensation Events (NEC3) This list gives examples of specific CEs from clause 60.1 of NEC3: · The Employer does not allow access to the site by the access date shown on the Accepted Programme
