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NEC4: Supply Contract (SC)

NEC4: Supply Contract (SC)

NEC4: Supply Contract (SC)

Publisher: NEC Publishing
ISBN: 9780727762184
Published In: June 2017
Format: Paperback
Jurisdiction: U.K. ? Disclaimer:
Countri(es) stated herein are used as reference only

RMB 924.62

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Description
Contents

Details

The NEC4 Supply Contract (SC) is the first set of standardised terms designed for local and international procurement of high-value goods and related services, including design.

The new suite of NEC contracts enables any project to be delivered on time, within budget and to the highest standards. The new suite improves flexibility, ease of use and helps to streamline processes, enabling best practice in supply procurement.

Core Clauses

1.

General

2.

The Supplier’s main responsibilities

3.

Time

4.

Quality management

5.

Payment

6.

Compensation events

7.

Title

8.

Liabilities and insurance

9.

Termination, resolving and avoiding disputes

Option Clauses

Option X1: Price adjustment for inflation

Option X2: Changes in the law

Option X3: Multiple currencies

Option X4: Ultimate holding company guarantee

Option X7: Delay damages

Option X10: Information modelling

Option X11: Termination by the Purchaser

Option X12: Multiparty collaboration (not used with Option X20)

Option X13: Performance bond

Option X14: Advanced payment to the Supplier

Option X17: Low performance damages

Option X18: Limitation of liability

Option X20: Key Performance Indicators (not used with Option X12)

Option X21: Whole life cost

Option X25: Supplier warranties

Options X5–X6, X8–X9, X15–X16, X19 and X22–X24 are not used

Option Y(UK)1: Project Bank Account

Option Y(UK)3: The Contracts (Rights of Third Parties) Act 1999

Option Z: Additional conditions of contract

Schedule of Cost Components

Contract Data

Part one – Data provided by the Client

Part two – Data provided by the Contractor

Index

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