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Lexis Insights
Legal News, Views, and Insights from LexisNexis Hong Kong
The newly released NEC4 contracts introduces two new concepts; ‘Dispute Avoidance Boards’ and a period for escalation and negotiation, in terms of dispute resolution. The NEC4 philosophy places importance on the parties’ shared behavior and active engagement in resolving issues before the need for a formal dispute resolution – and this is clearly reflected in the sections title change from “Dispute Resolution” to “Resolving and Avoiding Disputes.”
For further reading on Hong Kong’s adoption of NEC4 contracts, see our newly launched Emden’s Construction Law Hong Kong at paras XXIII [954] and XXIV [203].
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