NEC4: Alliance Contract

Construction / Building Law

NEC4: Alliance Contract

NEC Publishing June 2018

Specifications

ISBN-13
9780727762207
Publisher
NEC Publishing
Publication
June 2018
Format
Paperback
Jurisdiction
U.K. ? Countri(es) for reference only

Details

The NEC4 Alliance Contract is a multiparty contract for the appointment of a number of partners to create an alliance to deliver a major project or programme of work.

Contracting as an alliance offers a different approach to collaborative working between Clients and suppliers compared with other types of contract. An alliance contract suits Clients who wish to enter into a longer terms collaborative contract with a number of suppliers in order to deliver a large scale multidiscipline project or programme of work.

The basis of the contract is that all parties work together in achieving the Client’s objectives and share in the risks and benefits of doing so. The potential benefit of using this contract is a much deeper collaboration between all suppliers, including consultants and contractors, bound by common interests and reduced grounds for dispute.

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