4Projects named as NEC3 Licensed Content Partner

Feb. 3, 2011 - PRLog -- Having been licensed to use NEC3 content, 4Projects are launching their new ‘NEC3 Manager’ which will facilitate the swift and simple creation and management of the popular suite of contracts. NEC3’s aim is the implementation of sound project management principles and practices as well as defining legal relationships.
4Projects software takes companies through every lifecycle of a building, from contract procurement and construction to site maintenance. In recognition of the partnership, 4Projects has developed a new tool, NEC3 Manager, which is aimed at assisting users to make the most of the NEC3 product portfolio.
NEC3 Manager will enable users to automate the issuing, storage, tracking and searching of key contracts forms and tasks including instructions, Early Warning notices and Compensation Events. The software is completely integrated with 4Projects existing collaboration tools, used by companies such as Carillion and Mott MacDonald to design, build and manage construction projects efficiently.
Rekha Thawrani General Manager of NEC commented: “The intention is that use of NEC will lead more frequently to achievement of client objectives for all projects in terms of its ultimate quality, performance, cost and time aspects. These are the goals that NEC share with 4Projects, that’s why I’m more than happy to welcome them as Licensed Content Partners.”
Richard Vertigan, CEO of 4Projects, said: “Having worked closely with the construction industry for the last 22 years I have seen the problems that often arise from contracts being disputed and ultimately unfulfilled.
“NEC has done a fantastic job of standardising construction contracts on the basis of quality, performance, cost and time to ensure a fair deal for all. To be licensed to use NEC3 content is a fantastic achievement and my congratulations go to all involved at 4Projects.”
Although many clients have used the contract management processes for many years, 4Projects have now developed a tool that enables users to deploy, monitor and control contracts in an efficient and effective way.
NEC3 Manager is fully integrated with all of 4Projects functionality, making it a powerful addition to the suite. It allows users to select and deploy contracts it in minutes saving vital time and helping to drive down costs.
Steve Spark, SVP EMEA of 4Projects said: “The benefits of centralising, recording and auditing all documents and communication through SaaS technology are well known, primarily allowing users from a number of different organisations to work in a more collaborative fashion.”

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Established in 2000, 4Projects connects people, information and processes, saving clients time and money and mitigating risk. A secure, 24/7, on-demand SaaS environment allows disparate teams and suppliers to collaborate seamlessly.