In 2017 the latest edition of the NEC suite of contracts was issued – NEC4. Described as ‘evolution not revolution’, it came with changes in terminology. There are also new approaches to risk registers and dispute resolution among the various updates.
As we reach the middle of 2019, many contracting authorities and employers are now procuring with NEC4. The law has also evolved.
What do you need to know? What are the risks and where are the opportunities?
On 17th October in Leeds, join a host of experts in Leeds for a breakfast seminar. The discussion will bring you the latest NEC4 updates with a panel of outstanding legal and technical experts to explain all you need to know.
What Has Changed?
Patrick Waterhouse, from Bowdon Consulting will be taking us through some of the changes that appear in the latest version of the contract. Patrick wrote the book on avoiding disputes under NEC4. He will explain some of the new provisions and how they work in practise. He will also take a look at the changes specifically designed to improve success on design and build projects.
Dealing with Delay and Disputes
What are the major issues causing disputes under NEC contracts? Decipher’s Tom Francis will have a look at some of the issues we see cropping up and how NEC4 has tried to address them. He will also look at how it deals with delay analysis and compensation events.
Z Clauses and Amendments
Whilst not specific to NEC, poorly drafted amendments can cause serious problems as a project progresses. Daniel Silberstein from Hawkswell Kilvington will be joining us to look at the risks of amending standard forms of contract. He will be asking why parties choose to depart from standard clauses and how this can impact the NEC values of trust and mutual cooperation.
What Happens if it All Goes Wrong?
Luke Wygas, a barrister at 4 Pump Court will be considering what to do should you end up in a dispute. What happens if you fail to comply with contract provisions? Are those amendments fatal? Prior to joining the bar, Luke spent many years working in the construction industry, so he understands that in reality we often don’t look at the contract until it’s too late. He’ll be sharing his experiences and some cautionary tales.