Approaches To Contracting

Question 1

what is a few reasons why the new approach is required ?

Answer 1

Increased incidence of disputes
Claims
Inability of traditional contracts to provide certainty in costs, time and quality.

Question 2

Uniqueness of collaborative (NEC/ECC )Contracts

Answer 2

Flexibility
Clarity and simplicity
Stimulus to good management
Radically different assessment of change
Cultural change
Trust, collaboration and early risk identification
Written in present tense

Question 3

what are a few forms in the ECC documents (decisions, recommendations and reports)

Answer 3

the core clauses
the main option clauses, 
the secondary option clauses, 
the Schedules of Cost Components and 
the Contract Data formats
Plus
works information
site information
Accepted programme

Question 4

what is seen as compensation events ?

Answer 4

Events for which contractor becomes entitled to an assessment of time and money
Used to determine change and schedule of cost components to value change
Contractor reimbursed the financial effects of the compensation upon Defined Costs or forecasts Defined Cost.