Legal News

NEC4 Alliance Contract—multiple parties, shared risks and shared incentives

Published on: 08 August 2018

Table of contents

  • Original news
  • What is the Alliance Contract?
  • What are its notable features?
  • Is it likely to be used much in practice?

Article summary

Construction analysis: Francis Ho, partner in the construction and infrastructure team at Penningtons Manches, examines the new NEC4 Alliance Contract (ALC)—a multi-party partnering agreement which provides for shared incentives and apportions liabilities among alliance members.

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