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NEC4: Design Build and Operate Contract (DBO)

NEC4: Design Build and Operate Contract (DBO)

Name: NEC4: Design Build and Operate Contract (DBO)
Brand: NEC Publishing
SKU: 9780727762177
Price: 1263.50 HKD
Availability: InStock
ISBN: 9780727762177

NEC Publishing June 2017

Specifications

ISBN-13: 9780727762177
Publisher: NEC Publishing
Publication: June 2017
Format: Paperback
Jurisdiction: U.K. ? Countri(es) for reference only

Details

The brand new NEC4 Design Build and Operate Contract (DBO) allows Clients to procure a more integrated whole-life delivery solution. It reflects the increasing demand for contracts extending into the operational phase.

This is not designed as a design-build-finance-operate (DBFO) contract. The contract does not include all the provisions that would be required if the supplier was funding the construction and recovering that cost during the operation phase.

Core 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: Resolving and Avoiding Disputes; Option W1; Option W2; Option Clauses; Option X3: Multiple currencies; Option X4: Ultimate holding company guarantee; Option X8: Undertakings to the Client or Others; Option X9: Transfer of rights; Option X10: Information modelling; Option X13: Performance bond; Option X14: Advanced payment to the Contractor; Option X18: Limitation of liability; Option X23: Extending the Service Period; Options X1, X2, X5–X7, X11–X12, X15–X17 and X19–X22 are not used; Option Y(UK)2: The Housing Grants, Construction and Regeneration Act 1996; 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