Construction / Building Law

NEC4: Supply Contract (SC)

NEC Publishing June 2017

Specifications

ISBN-13
9780727762184
Publisher
NEC Publishing
Publication
June 2017
Format
Paperback
Jurisdiction
U.K. ? Countri(es) for reference only

Details

The NEC4 Supply Contract (SC) is the first set of standardised terms designed for local and international procurement of high-value goods and related services, including design.

The new suite of NEC contracts enables any project to be delivered on time, within budget and to the highest standards. The new suite improves flexibility, ease of use and helps to streamline processes, enabling best practice in supply procurement.

Table of Contents

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

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
Options X5–X6, X8–X9, X15–X16, X19 and X22–X24 are not used
Option Y(UK)1: Project Bank Account
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
HKD 1,050.70

Inclusive of HK delivery

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