Unpacking the updated NEC3 suite of documents for construction projects
In addition to the updated versions of the existing standard forms, there is a new short-form professional services contract, ideal for use on smaller-scale projects or for work with a very simple scope.
The existing contracts have been updated to reflect the amendments to the Housing Grants Construction and Regeneration Act, particularly in relation to payment provisions and adjudication, and also to reflect recent industry developments. There is now an additional secondary option clause dealing with project bank accounts, for example…
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There is an implied term allowing a paying responding party under an adjudication award six years from the date of payment to challenge the adjudicator’s decision.
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