NEC4 and NEC3 Compared (Part 1)
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This course explains the key differences between the NEC4 and NEC3 contracts, and how they work to aid the successful delivery of projects and work programmes.
After studying this course, you should be able to:
1. Explain why there is a need for NEC4?
2. List some new terminology and information around two new contract forms: the Design Build Operate (DBO) Contract; and The Alliance Contract.
3. Explore the changes across the family including Changes to the Professional Service Contract and Term Services Contract
4. Changes to the compensation event process in the short forms; and Changes to the Guidance Notes.