NEC4 contracts: Compensation events

Tuesday 12 December 2023 | 10:00am GMT - 10:30am GMT
30 Minutes CPD

The next evolution of the NEC series: NEC4. NEC4 is being increasingly utilised by contracting parties for all types of construction projects, though NEC3 remains relevant and is still used in projects across the UK.

While NEC4 has retained many of the unique features of NEC contracts, important changes have been made that contract users need to be aware of. We are seeking to highlight common issues and difficulties that we see parties having within the NEC contracts, particularly in relation to the compensation events.