A new survey of nearly 1,000 UK construction businesses confirms NEC3 contracts are now the most popular procurement route for clients − and continue to increase their overall market share at the expense of other standard contract forms. The 2015 national Construction Contracts and Law Survey 2015 by NBS, part of the Royal Institute of British Architects (RIBA), found the NEC3 contract suite is now most used by 42% of clients compared to 32% mostly using JCT contracts. Overall NEC is reported to be most used by 30% of the construction industry, up from 22% in the last survey three years ago, while JCT contracts are most used by 39% of the industry, down from 48% in 2012.
For the full news article please visit https://www.neccontract.com/About-NEC/News-Media/NEC3-is-favourite-contract-suite-for-UK-clients
Moreton Hayward is a Gold member of the NEC User group and has considerable experience of the NEC3 ECC, PSC and TSC forms. Should you require information on the benefits of selecting an NEC3 contract, or if you wish to know more about how the use of an NEC3 contract can assist your project please contact Matthew Moreton (firstname.lastname@example.org).