We are often asked on the NEC helpline, 'will there be changes to W2/Y(UK)2 as a result of the new Act?'
The Local Democracy, Economic Development and Construction Act 2009 contains a substantial number of provisions in the broad areas of local democracy and involvement, local authority governance and audit, boundary and electoral change, local and regional economic development and construction contracts. It received Royal Assent on 12 November 2009. Part 8 of the Act amends the Housing Grants, Construction and Regeneration Act 1996 to improve payment practices and dispute resolution in the construction industry. The new Act is enacted but not in force, which commentators consider is now likely to happen mid-2011 or in October that year.
The NEC Panel have been monitoring progress and have produced most of the necessary changes to NEC3 contracts which will be issued when this finally comes into force as they will not be needed until then.
Rob
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