The New Engineering Contract (NEC) is a family of contracts created by the Institution of Civil Engineers that help apply good project management principles and practices, and define legal relationships. This course equips participants with an overview of the fourth edition contract (NEC4), its background and key philosophy, and the key differences between NEC4 and its predecessor (NEC3).
The course incorporates a particular focus on the Engineering and Construction Contract (ECC), although other contracts, including the Professional Services Contract (PSC) and the Design, Build and Operate Contract (DBO) are explored throughout the course.
Available online or in-person, this course is particularly relevant to participants working in commercial and contracting areas and others who require an insight into the NEC4 contract.
On this course you will...
- Understand the structure and core clauses of NEC4 contracts
- Recognise the key differences between the NEC3 and NEC4 contracts
- Describe how compensation events are used within NEC4
- Understand roles and responsibilities within the NEC4 framework
- Show an awareness of risk and how to minimise through early warnings
- Define the types of contract included under NEC4
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