NEC 4 Key Amendments Summary January 2021

22 January, 2021

A brief summary of 5 key amendments to NEC 4 construction contracts written by Christopher Dickson of CMS and published by Construction News 15th January 2021

Contracts

Payment

Early-Contractor-Involvement

Project-Bank-Accounts

Delay-Damages

The changes deal with: 1. Delay Damages on termination following the Triplepoint Court of Appeal decision 2. Final dates for payment linked to invoice dates following the Rochford decision 3. Contractor liabilities for damage to plant & equipment 4. Early Contractor Involvement 5. Project Bank Accounts

Attachments

  • NEC4 key amendments summary Jan 21.pdf ( 100 KB )