Compare and contrast the two form of contract: NEC4 ECC contracts and JCT SBC/Q 16 based on the following subheading.
Assignment Question.
Based on the LSBU Board of Management report on one of the university’s project, the Board has chosen to proceed with the construction of a Teaching Facility in London Road. In addition, following discussions with various contractors, the Board is unsure as to the form of contract to be use. The Board is considering using the NEC4 ECC but this is by no means certain yet.
One of our London University rivals recently expanded their facility, and there were various issues regarding payments and disputes that disrupted their expansion. We are determined not to experience the same issues.
The Board has asked you to write a report to guide them through these issues, covering:
• Compare and contrast the two form of contract: NEC4 ECC contracts and JCT SBC/Q 16 based on the following subheading.
o Cost Management – Payments procedure and valuation/interim payment process.
o Time Management – Possession and programme of work.
o Quality Management – Workmanship, Defect, Tests and Inspection.
o Claims/Compensation Events – Claims procedure and assessments.
This should be a professional report, well presented, fully referenced and clearly structured, not limited to the above but must encompass everything related to the subject area. The report should be no more than 2500 words in length,