Nec4: Managing an Engineering and Construction Contract

Nec4: Managing an Engineering and Construction Contract

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Publication Details

Details: Paperback, 136 pages.

Publication date: 22/06/2017

Publisher: Thomas Telford

ISBN: 9780727762351

Publication Status: Active

Publication Description

NEC4: Managing an Engineering and Construction Contract


This document will provide guidance on the contract management for an Engineering and Construction Contract (ECC).

Chapter 1 Introduction
  • Engineering and construction subcontract (ECS)
 
Chapter 2 Core and main Option clauses
  • 1 General
  • 2 The Contractor’s main responsibilities
  • 3 Time
  • 4 Quality management
  • 5 Payment
  • 6 Compensation events
  • 7 Title
  • 8 Liabilities and insurance
  • 9 Termination
 
Chapter 3 Clauses for resolving and avoiding disputes
 
Chapter 4 Secondary Option clauses
  • Option X1: Price adjustment for inflation (used only with Options A, B, C and D)
  • Option X2: Changes in the law
  • Option X3: Multiple currencies (used only with Options A and B)
  • Option X4: Ultimate holding company guarantee
  • Option X5: Sectional Completion
  • Option X6: Bonus for early Completion
  • Option X7: Delay damages
  • Option X8: Undertakings to the Client or Others
  • Option X9: Transfer of rights
  • Option X10: Information Modelling
  • Option X11: Termination by the Client
  • Option X12: Multiparty collaboration (not used with Option X20)
  • Option X13: Performance bond
  • Option X14: Advanced payment to the Contractor
  • Option X15: The Contractor’s design
  • Option X16: Retention (not used with Option F)
  • Option X17: Low performance damages
  • Option X18: Limitation of liability X18
  • Option X20: Key Performance Indicators (not used with Option X12)
  • Option X21: Whole life cost
  • Option X22: Early Contractor Involvement (used only with Options C and E)
  • Option Y(UK)1: Project Bank Account
  • Option Y(UK)2: The Housing Grants, Construction and Regeneration Act 1996
  • Option Y(UK)3: The Contract (Rights of Third Parties) Act 1999

Chapter 5 Schedule of Cost Components (SCC)
 
Chapter 6 Short Schedule of Cost Components (SSCC)
 
Appendix 1 Contract start-up checklist
 
Appendix 2 Contract close down checklist
 
Appendix 3 Example communication forms
 
Appendix 4 Example joint compensation event tracking schedule
 
Appendix 5 Example quotation of a compensation event
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