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NEC and JCT Contracts Compared


ISBN13: 9781405118231
Published: March 2007
Publisher: Wiley-Blackwell
Country of Publication: UK
Format: Hardback
Price: Publication Abandoned



Publication Abandoned
The New Engineering Contract (the NEC form) was recommend by the Latham Report as the preferred form of contract for both building and engineering work. However, it is only in the last few years that the contract has taken off and larger numbers of clients and developers have considered using the form. It is now being used increasingly for public sector work as well as by private clients.

Most building clients and their advisors are familiar with JCT Contracts and the standard method of procuring traditional building work. The NEC form offers some radical new concepts and methods of procurement, and this book has therefore been written to explain the NEC by comparing it to JCT, highlighting the similarities and differences using a topic based approach.

Subjects:
Construction Law
Contents:
Introduction
Partnering
Contractual options
Ancillary documents
The roles of the participants in the contractual process
Construction timetable and programming of the works
Payment provisions
Delays in the progress of the works and contractual claims for additional costs
Changes to the works
Risk allocation and contractual insurance provisions
Subcontracting and supplier relationships and assignment
Termination of the contracts before completion
Claims under the contracts
Dispute resolution mechanisms