This book provides a detailed commentary on the Engineering and Construction Contract (the second edition of the New Engineering Contract) and other contracts that make up the New Engineering Contract family of forms. It reviews how the contracts fit into the general framework of contractual relationships and dealings, and it examines each clause of the contracts on a line-by-line basis to consider their practical application and their legal interpretation.
Particular attention is given to:
* use of the option structure
* obligations of the parties
* role of the project manager
* operation of the compensation events procedures
* resolution of disputes