NEC3 - latent promise?

    February 2009

    Introduction

    Since Sir Michael Latham commended the NEC contracts as a "genuine tool for best contractual practice" for both clients and supply chain alike, much has been expected of projects managed on NEC contracts.

    The NEC3 form of contract is widely used on privately funded as well as publicly funded projects, across many sectors and from simple construction projects to the most sophisticated and technically complex projects. It has been used (or is being used) on high profile projects such as the Olympics, Heathrow Terminal 5 and the Channel Tunnel Rail Link.

    Has it been the success it was expected to be? Has it promoted a change in the way projects are managed? Does it result in reduced scope for disputes?

     

    In May 2008, international law firm Hammonds became a limited liability partnership.  Hammonds LLP and its affiliated undertakings has offices in Birmingham, Leeds, London and Manchester in the UK, and in Berlin, Brussels, Beijing, Hong Kong, Madrid, Munich and Paris.