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NEC4: Engineering and Construction Contract (ECC)

NEC4: Engineering and Construction Contract (ECC)

NEC4: Engineering and Construction Contract (ECC)

Publisher: NEC Publishing
ISBN: 9780727762092
Published In: June 2017
Format: Paperback
Jurisdiction: U.K. ? Disclaimer:
Countri(es) stated herein are used as reference only

HKD 1,675.80

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Description
Contents

Details

The NEC4 Engineering and Construction Contract (ECC) has been developed to be used in the engineering, building and construction industries. From major infrastructure projects to highways construction, this contract enables you to deliver projects on time, on budget and to the highest standards.

This is the core document from which the options A-F are extracted. It contains all core clauses and secondary option clauses, together with the schedules of cost components and forms for contract data.

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

Main Option Clauses

Option A: Priced contract with activity schedule

Option B: Priced contract with bill of quantities

Option C: Target contract with activity schedule

Option D: Target contract with bill of quantities

Option E: Cost reimbursable contract

Option F: Management contract

Resolving and Avoiding Disputes

Option W1

Option W2

Option W3

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 59Option X15: The Contractor’s design

Option X16: Retention (not used with Option F)

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 X22: Early Contractor involvement (used only with Options C and E)

Note Option X19 is not used

Option Y(UK)1: Project Bank Account

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

Short 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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