Using NEC contracts to manage risk and avoid disputes

Using NEC contracts to manage risk and avoid disputes

Richard Patterson, NEC4 drafter, wrote an article for ICE’s Management, Procurement and Law journal entitled "Using NEC contracts to manage risk and avoid disputes".

In this article, he provides his views on Risk distribution inclduing Allocation and Management.

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Compensation events – an introduction for new NEC users

Compensation events – an introduction for new NEC users

NEC compensation events are a mechanism for clients to pay contractors extra time and/or money for dealing with unexpected changes.

Case confirms NEC4 Y(UK)2 amendments in PSC, TSC and DBOC

Case confirms NEC4 Y(UK)2 amendments in PSC, TSC and DBOC

A recent court decision has affirmed that payment terms which make the final date for payment dependent on an invoice do not comply with the UK Construction Act.

NEC4 PSSC with a mix of prices and work on a time charge basis

NEC4 PSSC with a mix of prices and work on a time charge basis

Some people consider the NEC4 Professional Service Contract (PSC) too complicated for straightforward consultancy contracts.

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