COUNCIL HAS agreed to a major push to extend the use of the New Engineering Contract in the UK building market and overseas.
The proposal, accepted last week, was to bring in a consultant to promote and expand the use of the NEC. Cost of this was estimated at £40,000 a year which is so far not budgeted for in the outline ICE 2000 budget.
Presenting the proposal, vice- president Joe Dwyer explained that the NEC had been profitable for the Institution since its launch in 1993 'but the potential is greater than so far achieved'.
The NEC currently contributes £126,000 a year revenue to Thomas Telford. Potential extra revenue if the NEC is promoted rigorously in the building sector could be another £100,000 a year, Council heard.
President Roger Sainsbury said that he believed the NEC had excellent international potential because as a contract it is 'better than FIDIC'.