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NEC4 Managing a Supply Contract

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ISBN: 9780727762429
Format: Paperbound
Publish Date: 22/07/2017
Publisher: Thomas Telford Ltd

NEC4 Managing a Supply Short Contract This document will provide guidance on the contract management for a Supply Contract (SC).

Price: £29.00

Chapter 1 Introduction

Chapter 2 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

Chapter 3 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
Option Y(UK)1: Project Bank Account
Option Y(UK)3: The Contracts (Rights of Third Parties) Act 1999

Chapter 4 Schedule of Cost Components (SCC)

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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