The move follows the withdrawal of the ICE from the ICE Conditions of Contract as it moves to endorsing the NEC3 Suite of Contracts
The new Infrastructure Conditions of Contract will be based on the ICE Conditions of Contract and will offer the industry continuity as the government identifies greater use of standard forms of contract as a means of eliminating waste from public sector construction.
Nelson Ogunshakin OBE, ACE chief executive, said: “ACE and CECA are proud to continue to build on the value and security that the suite provides. I am sure that Infrastructure Conditions of Contract will be an essential part of infrastructure clients’ toolkits for efficient delivery.”
CECA’s director of external affairs, Alasdair Reisner, said: “Industry-standard terms and conditions are widely understood and accepted. They are instrumental in delivering best value in what are often complex and challenging projects. They are part of the drive toward lower costs and better outcomes.”
ICE Vice President Barry Clarke said “ICE decision to withdraw support from the ICE CoCs was part of a strategic realignment of our offerings and a desire to promote what we see as a more collaborative approach to contract management which offers value for money to clients and the construction industry at large.”
NEC3 was developed to enable projects to be delivered on time and within budget through the inclusion of project management principles to the contractual process.