Construction / Building Law

NEC4: Term Service Contract (TSC)

NEC Publishing June 2017

Specifications

ISBN-13
9780727762153
Publisher
NEC Publishing
Publication
June 2017
Format
Paperback
Jurisdiction
U.K. ? Countri(es) for reference only

Details

The Term Service Contract (TSC) is intended to be used for the appointment of a supplier for a period of time to manage and provide a service. The NEC4 suite of contracts help in streamlining processes, reduces the potential for problems and promotes best practice in the procurement of services.

This document contains the core clauses, the three main option clauses, secondary option clauses and contract data forms.

Table of Contents

Core 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

Main Option Clauses
Option A: Priced contract with price list
Option C: Target contract with price list
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 X8: Undertakings to the Client or Others
Option X10: Information modelling
Option X11: Termination by the Client (not used with Option X19)
Option X12: Multiparty collaboration (not used with Option X20)
Option X13: Performance bond
Option X17: Low service damages
Option X18: Limitation of liability
Option X19: Termination by either Party (not used with Option 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
Options X5–X7, X9, X14–X16 and X22 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 subcontract 

Schedule of Cost Components

Short Schedule of Cost Components

Subcontract Data
Part one – Data provided by the Contractor
Part two – Data provided by the Subcontractor

Index
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