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NEC4 Professional Service Contract

NEC4 Professional Service Contract

NEC4 Professional Service Contract

Publisher: NEC Publishing
ISBN: 9780727762139
Published In: June 2017
Format: Paperback
Jurisdiction: U.K. ? Disclaimer:
Countri(es) stated herein are used as reference only

HKD 1,050.70

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Description
Contents

Details

The NEC4 Professional Services Contract (PSC) is intended for use in the appointment of a supplier to provide professional services.

It can be used for appointing project managers, supervisors, designers, consultants or other suppliers under NEC contracts and can also be used for appointing suppliers on non-NEC construction projects or for non-construction projects.

NEC4 contracts help to streamline processes, reduce the potential for problems and promote best practice in procurement of professional services.

Core Clauses

1.

General

2.

The Consultant’s main responsibilities

3.

Time

4.

Quality management

5.

Payment

6.

Compensation events

7.

Rights to material

8.

Liabilities and insurance

9.

Termination

Main Option Clauses

Option A: Priced contract with activity schedule

Option C: Target contract

Option E: Cost reimbursable contract

Resolving and Avoiding Disputes

Option W1

Option W2

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 X5: Sectional Completion

Option X6: Bonus for early Completion

Option X7: Delay damages

Option X8: Undertakings to 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 X18: Limitation of liability

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

Options X14–X17 and X19 are 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 Consultant

Index

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