This book provides a detailed commentary on the latest edition of the New Engineering Contract NEC3. It explains how the contract is intended to operate and examines each clause to consider its application and legal interpretation. It draws upon the author's successful book on the second edition of the Engineering and Construction Contract, ECC2, and it identifies and comments on the changes between ECC2 and NEC3.
Particular attention is given to the revised compensation event procedures, as well as:
* the role of the project manager
* the liabilities and obligations of the parties
* the revised dispute resolution procedures
Keywords: TECHNOLOGY & ENGINEERING / Civil / General TEC009020