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The New Engineering Contract: A Legal Commentary


ISBN13: 9780727729613
ISBN: 0727729616
Published: July 2001
Publisher: NEC Publishing
Country of Publication: UK
Format: Hardback
Price: Out of print



The introduction of the New Engineering Contract (NEC) encourages a systematic approach to contracting which is multidisciplinary in nature and fully interlocked in form. The NEC is intended by its supporters to be more flexible and easier to use than any current leading traditional standard forms of contract. It is believed that these features reduce adversariality and disputes.

The NEC seeks to achieve this aim primarily through co-operative management techniques and incentives built into the NEC's procedures. This commentary analyses and evaluates these and related claims of innovation.

The New Engineering Contract: A Legal Commentary examines the background to the NEC, its design objectives, structure, procedures and likely judicial interpretation to determine whether it improves upon the traditional standard forms of contract. Special attention is given in the commentary to the development and the significance of the principles underlying preparation of the NEC as well as the arguments in favour of and against them.

Subjects:
Construction Law
Contents:
Introduction
Critique of traditional forms and the need for change
New Engineering Contract principles
New Engineering Contract system
Roles and responsibilities
Time Testing and defects
Payment Compensation events
Title and bonds
Risks and insurance
Disputes and termination
Conclusion