NEC is opening the floor to firms looking to shape its new NEC4 Alliance Contract, which will bring the entire project teams on a single collaborative contract.
A draft of the contract has been released, which will try to integrate a “risk and reward model approach”. The aim of the contract is to drive collaborative working in the industry.
NEC4 contract board member Ian Heaphy said: “The construction industry recognises the benefits that integration and collaboration can bring to the delivery of major projects and programmes of work.
“The NEC4 Alliance Contract will support those clients who wish to take a step forward by fully integrating their delivery team on a single contract – for all members of the supply chain, including the client.
“Working on a performance based contract - with shared risks, shared responsibilities and aligned objectives - the members of the Alliance work together as an integrated team, where an alliance board manages the alliance on behalf of the members.
“Any decisions of the alliance board need to be unanimous making this a truly collaborative approach.”
The consultation will close on 30 November 2017. For more information contact email@example.com