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Posted by Dean Suttling

NEC Option C – A Comprehensive Overview

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NEC Option C: Target Contract with Activity Schedule NEC Option C is a cost reimbursable contract set against a target contract price, more commonly known as the target cost. The NEC defines cost through its schedule of cost components (SoCC). There is also definition as to what is allowable and...
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Posted by Paul Heming

Collateral Warranties in Construction

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What are collateral warranties and do I need them on my project? We put forward the following scenario to Jason Farnell, Adjudicator and CEDR Accredited Mediator: I'm a Property Developer working on projects across London and the South East and I’m interested in understanding more about Collate...
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Posted by Yashwant Tohooloo

JCT vs NEC: Which is best for your project?

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JCT and NEC contracts are standard form of contracts. Both contracts provide a variety of options that suit the needs and requirements of clients (employers). However, you do need to understand project requirements and the level of control required by the client when selecting a contract form and a ...
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Posted by Manny Singh

NEC Contract Options

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You’ve heard about the NEC Contract before (and no, we’re not talking about the big tin shed in Birmingham!) but you usually use the JCT. This article provides an overview on the NEC Contract options, advantages/disadvantages and whether it’s the best option for your upcoming project. About t...
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