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Post-event Update on "NEC3: The Construction Contract of the Future" by Nicholas Gould
The New Engineering Contract, since its first publication in 1993, has been increasingly used in projects in the UK, such as in the contract for the Channel Tunnel Rail Link.
The third edition (“NEC3”), published in July 2005, is the standard form in use in major projects such as Terminal 5 at London’s Heathrow Airport.
This new standard form was drafted from first principles without attempting to build upon prior existing standard forms.
The core principles in the NEC might be said to be flexibility, simplicity and clarity, coupled with the objective of effective management of projects.
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On 8 February 2007, members of the SCL, Singapore and their guests were treated to an introduction to the key features of the NEC, in a talk entitled “NEC3: The Construction Contract Of The Future” by Nicholas Gould.
Nicholas is the Chairman of the Society of Construction Law (UK). And amongst his many prominent roles in the construction industry, he is a visiting lecturer at the Kings College and NUS MSc. Construction Law programmes, and the writer of an award winning book “Dispute Resolution in the Construction Industry”.
We thank Nicholas for this kind permission to the SCL.
For full access to this paper, please sign up for membership.
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