Allocation and management of risk is the core of the legal and commercial relationship established by a contract. This allocation must be fair and sustainable through the life of the project. The party holding a risk should count on the co-operation of the other party to identify and resolve issues as they arise. NEC is built around procedures for sensible risk allocation and ensuring that when risks do emerge the parties collaborate to deal with them quickly and decisively.” Based on a spirit of mutual trust and collaboration, NEC Contracts facilitate the implementation of sound project management principles and practices.
Pangea is proud to be a franchise holder of the NEC in Southern Africa.
We put a solid, manageable contract in place with contractors and then administer thoroughly and in accordance with the schedule. Active, positive, and firm administration preferences help lead to robust and organized performance from the chosen contractors on your project.
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