Key Insights This Month
Thomas Telford Ltd (the commercial arm of the Institution of Civil Engineers) has expanded the suite of collaborative contracts by adding the Framework Alliance Contract (FAC 1) and Term Alliance Contract (TAC 1) alongside NEC4.
Recent News & Events
On 19 June 2025, JCT has released an important update to its practice note ‘Deciding on the appropriate JCT contract’ to align with the JCT 2024 Edition, which including the upcoming JCT Target Cost Contract. The update reinforces a critical message: amending standard form contracts can introduce legal and commercial risks if not done with care.
Other Insights
NEC4 suite of contracts has been officially translated into Latin American Spanish, following a landmark agreement between the Government of Peru, NEC Contracts, and the UK Government.
Latest News
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