New NEC FM contracts revealed: a bespoke option
12 Mar 2021
A new suite of FM contracts aim to offer a more consistent procurement strategy
The facilities management market is worth around £120bn per year in the UK. Despite its size, it has lacked a dedicated contract form, until now.
At the end of January 2021, NEC launched a new suite of contracts dedicated to the facilities management industry, developed following research into the FM sector, stakeholder workshops with Institute of Workplace and Facilities Management members and individual consultations.
The suite is designed to be used for all types of facilities management procurement and delivery strategies including integrated services FM contracts (or ‘total FM’), managing contractor FM contracts, and single and/or multiple supplier FM contracts.