NEC4: Engineering and Construction Contract
The NEC4 Engineering and Construction Contract (ECC) is the main works contract in the NEC4 suite of collaborative, flexible and clearly written contracts for built environment procurement.
The ECC can include any level of design. It has six main payment Options: A (priced contract with activity schedule), B (priced contract with bill of quantities), C (target contract with activity schedule), D (target contract with bill of quantities), E (cost reimbursable contract) and F (management contract).
As such, the contract can be used for the full range of financial risk allocation, from placing most risk with the contractor (options A and B), to risk sharing (options C and D) and placing most risk with the client (options E and F). Each ECC Option can be purchased separately if required.
In addition to the main Options, the document contains everything you need to prepare, tender and manage an NEC4 ECC contract, including all secondary Options and forms for the relevant cost schedules and contract data.
The NEC4 ECC has a global track record for delivering all kinds and sizes of building and infrastructure projects on time, on budget and to the highest environmental and quality standards.
As with all NEC4 contracts, the parties are required to act in a ‘spirit of mutual trust and co-operation’ and give early warnings of anything that could affect time, cost or quality so it can be mitigated without delay. Change is dealt with by a fast and fair compensation event process which, together with a continually updated and agreed programme, ensures there are no surprises at completion.