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NEC4 Engineering and Construction Contract

MRP: £91.25
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SKU:
9780727762092
UPC:
9780727762092
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ISBN: 9780727762092
Format: Paperbound
Publish Date: 22/06/2017
Publisher: Thomas Telford Ltd
Number of Pages: 120

This new and updated NEC4 Engineering and Construction Contract (ECC) embraces the new procurement changes that are happening in the construction industry, especially around BIM and supply chain management.

This is the main contract for the appointment of a contractor to carry out engineering and construction works, which may also include any design responsibility.

This is the core contract document containing all the core clauses and secondary option clauses, together with the schedules of cost components and forms for contract data.

There are six main options to choose from: Option A Priced Contract with Activity Schedule, Option B Priced Contract with Bill of Quantities, Option C Target Contract with Activity Schedule, Option D Target Contract with Bill of Quantities, Option E Cost Reimbursable Contract, Option F Management Contract.

Enhancements to the contract include finalising cost elements during the contract, incorporating a party-led dispute avoidance procedure into the adjudication process, increased standardisation between contracts and providing enhanced guidance to give greater practical advice to users.

There is also a short contract version of the contract available for less sophisticated projects, also a subcontract, and how to guides on Preparing a Contract, Managing a Contract, along with Selecting a Supplier, and Establishing a Procurement and Contract Strategy to help users get the most out of the contract.

Price: £91.25

Core Clauses
1 General
2 The Contractor’s main responsibilities
3 Time
4 Quality management
5 Payment
6 Compensation events
7 Title
8 Liabilities and insurance
9 Termination

Main Option Clauses
Option A: Priced contract with activity schedule
Option B: Priced contract with bill of quantities
Option C: Target contract with activity schedule
Option D: Target contract with bill of quantities
Option E: Cost reimbursable contract
Option F: Management contract

Resolving and Avoiding Disputes
Option W1
Option W2
Option W3

Secondary Option Clauses
Option X1: Price adjustment for inflation (used only with Options A, B, C and D)
Option X2: Changes in the law
Option X3: Multiple currencies (used only with Options A and B)
Option X4: Ultimate holding company guarantee
Option X5: Sectional Completion
Option X6: Bonus for early Completion
Option X7: Delay damages
Option X8: Undertakings to the Client or 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 X14: Advanced payment to the Contractor 59Option X15: The Contractor’s design
Option X16: Retention (not used with Option F)
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 X22: Early Contractor involvement (used only with Options C and E)
Note Option X19 is 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 Contractor
Index

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