The NEC 4 ECC Contract: Notifying compensation events and early warnings

In this article, Arbicon defines the NEC 4 ECC contract and considers a particular aspect of notifying compensation events which relate to another NEC provision, namely, the giving of early warnings. The post The NEC 4 ECC Contract: Notifying compensation events and early warnings appeared first on Planning, BIM & Construction Today.

Association for Project Management - NEC Engineering and Construction Contract (ECC) - Compensation Events, 29092021

NEC has clear mechanism for risk allocation for specific events. Is it a compensation event, or not? And it has a clear, detailed and flexible process for managing and agreeing the assessment of those compensation events. Effective management of the process is key to dispute avoidance under NEC. Hear about the importance of the F word - forecast. Change control is critical to the finances of any supplier - so you need to know how to use the process

Association for Project Management - NEC Term Service Contract (TSC), 18102022

The NEC Term Services Contract is a contract for a physical service for a defined period of time rather than for a project. However it does provide for mini projects as 'Tasks'. The session looked at the basics of: - putting together the contract and - contract management

Association for Project Management - NEC Engineering and Construction Short Contract ECSC 1, 01062022

The Engineering and Construction Contract (ECSC) is the 'minor works' contract in the NEC family. It is designed for low complexity contracts with not too much Contractor design. This webinar looked at the basics of; 1. putting together the contract and 2. contract management. It highlighted the key differences between the ECSC and its big brother the Engineering and Construction Contract (ECC)

Metroun - NEC Target Cost Pain Gain Mechanism - A Closer Look 07122022

This Metroun video takes a closer look at how the NEC Target Cost "Pain / Gain Mechanism" works and is applied to a construction project through a worked example

Construction Management - When is a variation not a variation, October 2022

Paul Gibbons answers the following question: The architect on our project has issued an instruction to install specific hinges to doors on our project, but they claim this is not a variation. Is this correct and, if so, what can we do?

Does anyone have any 'model' definitions for Force Majeure they could share?

How is inflation being dealt with in Compensation Events on NEC contracts? Has anyone experience of this so far?