NEC4 webinar series: The good, the bad and the ugly

Part 1: Contract strategy changes

The NEC4 family of contract was completely updated in July this year. This independent review highlights the (mainly) good, the bad and ugly changes in the update.

The NEC family of contracts is now not just used widely in the civil engineering and construction industries, but also the power, water; oil & gas; IT and consultancy sectors both in the UK and abroad.

It’s original objectives were, compared with existing contract forms, to:

• be more flexible in terms of what it can be used for and the contract strategies that can be adopted;
• have greater clarity and simplicity, so that it is easier to understand and use; and
• stimulate good project management.

NEC4 – the fourth edition – of the family was launched in July and has since been subject to a fair amount of review. This two part webinar identifies and reviews the changes made as well as highlighting changes that have not been made.
 

This first webinar, will give a quick introduction to the NEC family's background and the objectives for NEC4.
It will then look at the changes which affect contract strategy e.g. additions to the family; alterations to main payment options and changes made to the secondary option clauses, including the dispute options.

For more information and to book your place please visit this events page on the APM website.