NEC4 - What more?
Speaking at the Society of Construction Law Conference recently, the NEC Contract Board’s Matthew Garratt revealed that NEC4 will be made available for the very first time, at the largest ever gathering of the NEC Users’ Group Annual Seminar on 22 June 2017, marking 12 years since the last NEC3 contracts were first published.
NEC3 has been critical to a number of iconic international construction and engineering projects including the London 2012 Olympics, Crossrail and the Thames Tideway Tunnel (one of the largest construction projects of its type in Europe), and the use of NEC3 and its ongoing training provision across all disciplines will continue to be fully supported alongside the introduction of NEC4 training, events and support services.
It is reported that Contractors will welcome a number of the anticipated changes in NEC4, particularly those allowing cost reimbursement for preparing quotations, the early agreement of defined and disallowed costs (rather than waiting until the end of the project) and further moves to ensure the agreement of the accepted programme.
There will also be two new additions to the NEC suite, namely the NEC4 Alliance Contract (published in consultation form initially, created to support clients wishing to fully integrate a multi-party delivery team for large complex projects), and the NEC4 Design, Build and Operate Contract (DBO) which seeks to allow Clients/ Employers to procure a more integrated whole-life delivery solution, reflecting the increasing demand for contracts extending into the operational phase.
The next evolution in NEC Contracts is seen as a move to substantively take on board user feedback and to inspire and enable greater project collaboration across the UK and internationally. NEC Contracts General Manager Rekha Thawrani, has said: “We believe NEC4’s diverse range of definitive end-to-end project management contracts will empower users to deliver projects on time, on budget and to the highest standards now and in the future to the benefit of both industry and society.”
We shall have to wait and see. Please watch this space for an update on some of the key points for Clients/ Employers, Contractor and Subcontractors to be aware of upon the publication of the new NEC4 suite, and visit here for all the latest up to date information www.neccontract.com
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