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NEC4 and NEC3 Compared (Part 4)

NEC4 and NEC3 Compared (Part 4)

Level Beginner
Duration 15 minutes

This course explains key NEC4 updates to compensation events and cost assessment compared to NEC3. Learn how improved processes, Defined Cost rules, and pricing structures support clearer and more efficient contract management.

Accreditations & CPD

Suitable for CPD requirements of RICS, CIOB, ICE, and CICES members.

Learning Outcomes

After studying this course, you should be able to:

• Clarify the changes to the Engineering and Construction Contract, and in particular the additional compensation events.
• Explain the changes to Schedules of Cost Components and the Fee

About the Author

This course is produced by Built Intelligence, in association with Jon Broome, Glenn Hide and Chris Corr.

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