BooksDirect

Description - The New Engineering Contract by Institution of Civil Engineers

The New Engineering Contract (NEC) is a modern day family of standard contracts that truly embraces the concept of partnership and encourages employers, designers, contractors and project managers to work together to achieve the client's objectives. Target cost contracts align the motivations of the parties to decrease costs very effectively. They are increasingly being used due to the trend towards partnering, both for term and project specific partnerships. This contract may be appropriate in the following circumstances: when the scope of the works is not fully defined at the outset when a high level of flexibility for design changes is anticipated where both parties can contribute to decreasing the Actual Costs of construction for sharing risk where both parties can contribute to the management of the major risksEach of the main options is printed as a separate document and contains the Core Clauses merged with the applicable main Option Clauses.

Buy The New Engineering Contract by Institution of Civil Engineers from Australia's Online Independent Bookstore, BooksDirect.

A Preview for this title is currently not available.