Construction / Building Law

NEC4: Managing a Supply Contract (SC) Volume 4

NEC Publishing June 2017

Specifications

ISBN-13
9780727762429
Publisher
NEC Publishing
Publication
June 2017
Format
Paperback
Jurisdiction
U.K. ? Countri(es) for reference only

Details

This document will provide guidance on the contract management for a Supply Contract (SC).

Table of Contents

Chapter 1 Introduction

Chapter 2 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

Chapter 3 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
Option Y(UK)1: Project Bank Account
Option Y(UK)3: The Contracts (Rights of Third Parties) Act 1999

Chapter 4 Schedule of Cost Components (SCC)

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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