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NEC4: Managing a Term Service Contract

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1481829
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ISBN9780727762399
Publication StatusCurrent
Publication Date22/06/2017
Format (Paperback, Hardback etc)Paperback
Brand / PublisherNEC
PublisherICE Publishing
This document will provide guidance on the contract management for a Term Service Contract (TSC).

Chapter 1 Introduction
  • Term service subcontract (TSS)
 
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 Use of equipment, Plant and Materials
  • 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 X8: Undertakings to the Client or Others
  • Option X10: Information modelling
  • Option X11: Termination by the Client
  • Option X12: Multiparty collaboration (not used with Option X20)
  • Option X13: Performance bond
  • Option X17: Low service damages
  • Option X18: Limitation of liability X18
  • Option X19: Termination by either party (not used with X11)
  • Option X20: Key Performance Indicators (not used with Option X12)
  • Option X21: Whole life cost
  • Option X23: Extending the Service Period
  • Option X24: The accounting periods
  • 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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