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NEC4: Managing a Professional Service Contract

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1481818
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ISBN9780727762375
Publication StatusCurrent
Publication Date02/06/2017
Format (Paperback, Hardback etc)Paperback
Brand / PublisherNEC
PublisherICE Publishing
This document will provide guidance on the contract management for a Professional Service Contract (PSC).

Chapter 1 Introduction
  • Professional service subcontract (PSS)
 
Chapter 2 Core and main Option clauses
  • 1 General
  • 2 The Consultant’s main responsibilities
  • 3 Time
  • 4 Quality management
  • 5 Payment
  • 6 Compensation events
  • 7 Rights to material
  • 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 and C)
  • Option X2: Changes in the law
  • Option X3: Multiple currencies (used only with Option A)
  • Option X4: Ultimate holding company guarantee
  • Option X5: Sectional completion
  • Option X6: Bonus for early completion
  • Option X7: Delay damages
  • Option X8: Undertakings to 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 X18: Limitation of liability X18
  • Option X20: Key Performance Indicators (not used with Option X12)
  • Option Y(UK1): 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 for compensation event
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