NEC4: Design Build and Operate Contract
The brand new NEC4 Design Build and Operate Contract (DBO) allows Clients to procure a more integrated whole-life delivery solution. It reflects the increasing demand for contracts extending into the operational phase.
This is not designed as a design-build-finance-operate (DBFO) contract. The contract does not include all the provisions that would be required if the supplier was funding the construction and recovering that cost during the operation phase.