Whither we goest with the virtues of the IEE/IMechE Model Form of general conditions of contract?

The Model Form of Contract (the Form) was first published by the IEE (joined later by the IMechE) in order to meet a widely felt need in 1903, and is now in its twenty-fourth edition as a process of natural evolvement. Here, the author describes how the implied question in the above title is posed simply because the Form, despite its long and honourable history, is presently in danger of being suppressed by parliamentary forces.