Will Buckby (Partner) and Stephen Milne (Associate) speak about the NEC3 Professional Services Contract and the key issues to be aware of when using this form of contract, including some recent English case law regarding key contract terms/issues. The webinar also provides practical tips which can help improve your current procedures. Will and Stephen will deliver a second webinar about the NEC3 Engineering and Construction Contract later in Spring 2016.
The NEC suite of contracts has been with us since the early 1990s and is now in its third edition (published in April 2013). In that time, in the UK the NEC3 has become one of the most commonly used standard form of contracts for engineering and infrastructure projects, including large scale projects such as High Speed 1, London 2012 Olympic Games, Crossrail, and Highways England’s Collaborative Delivery Framework. The NEC3 suite of contracts is also now increasingly used to procure international projects, particularly government works contracts i.e. Hong Kong’s Development Bureau recently directed that Works Departments should adopt the NEC3 form in all public works contracts put out for tender in 2015/16.
The NEC3 form is very different to other standard forms i.e. the JCT, GC/Works, ACE or RIBA particularly with regard to the various processes and procedures to administer the contract and secure entitlements. Successfully administering the NEC3 form is important to ensure the parties to it receive their entitlements under the contract. Moreover, if operated properly, the NEC3 form can serve as an effective project management tool and help to reduce disputes through its collaborative philosophy.
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For a pdf of the slides, please click on this link.
To view a recording of the seminar, please click on the video below.