
1:05
In this segment, the speaker argues that while NEC contracts require slightly more ongoing administration and periodic re‑estimating than traditional contracts, this level of admin is appropriate and beneficial. The continuous, contemporaneous record‑keeping inherent in NEC contracts helps keep project information fresh, reduces uncertainty, and prevents the long‑running, costly delay and disruption claims that often arise under traditional contracts. By initially estimating the whole project and then updating estimates as work progresses, NEC promotes a more satisfactory, proactive approach that leads to better overall project outcomes.










