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NEC4 Supply Contract

MRP: £62.50
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ISBN: 9780727762184
Format: Paperbound
Publish Date: 22/07/2017
Publisher: Thomas Telford Ltd

NEC4 Supply Contract The NEC4 Supply Contract can be used for either local or international procurement and supply of very high-value goods or those of a hi-tech or delicate nature and associated services such as transformers, turbine rotors, rolling stock, loading bridges, transmission plant, cable and process plant, together with any related services like design.

There is also a Supply Short Contract for smaller projects, also how to guides on Preparing and Managing Supply Contracts as well as Establishing a Procurement Strategy and Selecting a Supplier to help users get the most out of the NEC4 Contracts.

Price: £62.50

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

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