NEC4: Managing a Term Service Contract (TSC) Volume 4

Construction / Building Law

NEC4: Managing a Term Service Contract (TSC) Volume 4

NEC Publishing June 2017

Specifications

ISBN-13
9780727762399
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 Term Service Contract (TSC).

Table of Contents

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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