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NEC3: Professional Services Contract (PSC)
ISBN | 9780727758873 |
---|---|
Publication Status | Current |
Publication Date | 01/04/2013 |
Format (Paperback, Hardback etc) | Paperback |
Total Pages | 66 |
Brand / Publisher | NEC |
Publisher | ICE Publishing |
OGC endorsement of NEC3;
Construction Clients' Board endorsement of NEC3
The Construction Clients' Board (formerly Public Sector Clients' Forum) recommends that public sector organisations use the NEC3 contracts when procuring construction.
Standardising use of this comprehensive suite of contracts should help to deliver efficiencies across the public sector and promote behaviours in line with the principles of Achieving Excellence in Construction.
Contents
Schedule of options Core clauses
• 1 General
• 2 The Parties’ main responsibilities
• 3 Time
• 4 Quality
• 5 Payment
• 6 Compensation events
• 7 Rights to material
• 8 Indemnity, insurance and liability style
• 9 Termination
Main option clauses
• A Priced subcontract with activity schedule
• C Target contract
• E Time based contract
• G Term contract Option
Dispute resolution
• Option W1
• Option W2
Secondary option clauses
• X1 Price adjustment for inflation Changes in the law
• X3 Multiple currencies Parent company guarantee Sectional Completion Bonus for early Completion
• Delay damages
• Collateral warranty agreements
• Transfer of rights
• X10 Employer’s Agent
• X11 Termination by the Employer
• X12 Partnering
• X13 Performance bond
• X18 Limitation of liability
• X20 Key Performance Indicators
• Y(UK)2 The Housing Grants, Construction and Regeneration Act 1996
• Y(UK)3 The Contracts (Rights of Third Parties) Act 1999
•Z Additional conditions of subcontract
Note Options X14 to X17, X19 and Y(UK)1 are not used
Contract data
Index