NEC Contract Administration - NEC3 & NEC4
Projjex provides rigorous NEC3 and NEC4 contract administration for contractors and clients - running early warnings, compensation events, programmes and payment correctly so entitlement is protected and disputes are avoided.
NEC Administered Properly
NEC contracts reward disciplined administration and punish neglect. Time-bars, deemed acceptance provisions and strict procedural requirements mean that entitlement is won or lost in the day-to-day running of the contract. Projjex administers NEC3 and NEC4 contracts to the letter - for main contracts and subcontracts - so that risk is managed proactively rather than discovered in dispute.
Across NEC3 & NEC4
- Main contract administration under NEC3 and NEC4 - priced, target and cost-based arrangements
- Pain/gain share management, defined cost assessment and disallowed cost identification
- Activity schedule and defined cost procedures, payment assessment and change control
- NEC subcontract administration with back-to-back provisions and accepted programme cascading
- Professional Services and Term Service Contract experience
Pre-Contract Risk Review
The most valuable contract administration happens before signature. Projjex carries out clause-by-clause amendment review - identifying deleted compensation event provisions, risk transfer clauses, removed deemed acceptance protections, terminal float allocation and non-standard retention regimes. On recent engagements this has surfaced six-figure financial exposures before execution, allowing clients to negotiate or price the risk rather than inherit it.
Early Warning & Compensation Events
We run proactive early warning procedures - risk registers, risk reduction meetings and mitigation strategies - and manage compensation events through their full lifecycle: notification within time-bars, quotation development, defined cost assessment and assessment procedures. Correctly run, these mechanisms protect entitlement; neglected, they are where projects lose money.