The New Engineering Contract, or NEC, is a new standard form of contract widely adopted in Hong Kong construction industry in recent years. This course will provide detailed explanation of the principles of NEC to support its use by local practitioners. The main topics include: Introduction to NEC; Structure of NEC Engineering and Construction Contract (ECC); Responsibilities of Employer, Project Manager, Supervisor and Contractor; Programme and Key Dates; Period for reply; Liability for defects; Completion; Principles and operation of early warning mechanism; Principles and operation of compensation event; Assessment of quotations; Main differences between NEC and GCC; Characteristics of Main Options; Details of Secondary Options;Partnering; Schedule of cost components; Fee percentage; Additional Conditions of Contract (ACC); Tender assessment for NEC Contract; Practice Notes for New Engineering Contract – ECC for Public Works Projects in Hong Kong.