Need an research paper on an analysis of two engineering forms of contract. Needs to be 12 pages. Please no plagiarism. FIDIC is drafted as a turnkey contract. In this case, the employer gives the contractor full obligations pertaining to the engineering and construction project, where the employer is required to make little participation in the management of the project (Higgins, 2009). NEC3 sees the project as a cooperative process and majors in contract administration. The parties involved have the duty to act in mutual trust and collaboration, a key responsibility in the NEC3 concept.
The New Engineering Contract (NEC) is a collection of standard form construction contracts developed by the Institution of Civil Engineers. It includes the renowned Engineering and Construction Contract (ECC). The utilization of NEC in construction projects is gaining pace and was the contract of choice for the 2012 London Olympics.
The UK Government commissioned the Latham Report(Constructing the Team) to examine the existing construction procurement and contractual arrangements and came up with strategies that needed to be followed to create contracts with a wide application, spur productive management and halt the existing often hostile dominant strategy.
NEC3 is currently being used in many great construction and engineering projects in the UK and internationally. It is supported by several standard regulation bodies like the Institute of Civil Engineers, the Office of Government Commerce, and the Olympic Delivery Authority that advocates for its usage of all construction projects especially the public sector.
Clarity and simplicity: the NEC3 contract is well backed with extra materials, such as elaborated flow-charts and instruction notes. NEC3 is meant to be user friendly by being clear, simple, and easy to use. It is composed in the present tense in plain English, although this can cause serious interpretation problems. Brevity is prone to ambiguity related scenarios in the courts due to its untested terminology.
The stimulus to good management: NEC3 centers on real-time project management instead of focusing on what the parties ought or ought not to do.
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