The NEC 3 Engineering and Construction Contract: A Commentary, Second Edition

From its launch in 1991 the New Engineering Contract has rapidly overtaken traditional building and civil engineering contracts to become the UK’s leading standard form for major construction projects. Additionally, under the generic title NEC3, there is now a family of New Engineering Contract standard forms.This book provides a detailed commentary on the latest edition of the main form - NEC3 Engineering and Construction Contract. It explains how the contract is intended to operate and examines each clause to consider its application and legal interpretation. It draws upon the author's successful book on the second edition of the Engineering and Construction Contract, ECC2, and it identifies and comments on the changes between ECC2 and NEC3.Particular attention is given to the revised compensation event procedures in NEC3, with five chapters of the book devoted to this subject. In-depth analysis is also given to:The role of the project manager The obligations of the parties The liabilities of the parties The revised dispute resolution proceduresContent: Chapter 1 Introduction (pages 1–10): Chapter 2 Main Options (pages 11–29): Chapter 3 Secondary Option Clauses (pages 30–57): Chapter 4 Contract Documents (pages 58–78): Chapter 5 Key Players (pages 79–101): Chapter 6 General Core Clauses (pages 102–125): Chapter 7 Obligations and Responsibilities of the Contractor (pages 126–150): Chapter 8 Time (and Related Matters) (pages 151–169): Chapter 9 Testing and Defects (pages 170–187): Chapter 10 Payments (pages 189–209): Chapter 11 NEC 3 Compensation Event Schemes (pages 210–219): Chapter 12 Listed Compensation Events (pages 220–240): Chapter 13 Notifying Compensation Events (pages 241–252): Chapter 14 Quotations for Compensation Events (pages 253–264): Chapter 15 Assessment of Compensation Events (pages 265–282): Chapter 16 Title (pages 283–287): Chapter 17 Risks and Insurances (pages 288–299): Chapter 18 Termination (pages 300–314): Chapter 19 Dispute Resolution (pages 315–336): Chapter 20 NEC 3 Engineering and Construction Subcontract (pages 337–344): Chapter 21 NEC 3 Family of Contracts (pages 345–354):