The National Contracts Advisory Committee (NCAC) is a joint body of the Building Industries Federation South Africa (BIFSA) and the South African Property Owners’ Association (SAPOA). The purpose of the Committee is, inter alia, to review representations from the building and property development sectors in respect of various issues which are regarded as unreasonable or inequitable and which may not be in their best interests.
This committee does not have the jurisdiction to be prescriptive. The practice notes are intended to be informative and provide guidelines for good practice and fair competition, subject to sound business judgement and flexibility in commercial decision making. The practice notes highlight the principles and are not intended to be a guide for drafting contractual clauses but adherence to their principles is strongly recommended by joint bodies constituting the NCAC.
Publisher: National Contacts Advisory Committee
Source: National Contacts Advisory Committee
