Nec4: Managing an Engineering and Construction Contract

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Product Information

More Information
ISBN	9780727762351
Publication Status	Current
Publication Date	22/06/2017
Format (Paperback, Hardback etc)	Paperback
Total Pages	136
Brand / Publisher	NEC
Publisher	ICE Publishing

Product Description

NEC4: Managing an Engineering and Construction Contract

This document will provide guidance on the contract management for an Engineering and Construction Contract (ECC).

Chapter 1 Introduction

Engineering and construction subcontract (ECS)

Chapter 2 Core and main Option 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

Chapter 3 Clauses for resolving and avoiding disputes

Chapter 4 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
Option X15: The Contractor’s design
Option X16: Retention (not used with Option F)
Option X17: Low performance damages
Option X18: Limitation of liability X18
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)
Option Y(UK)1: Project Bank Account
Option Y(UK)2: The Housing Grants, Construction and Regeneration Act 1996
Option Y(UK)3: The Contract (Rights of Third Parties) Act 1999

Chapter 5 Schedule of Cost Components (SCC)

Chapter 6 Short Schedule of Cost Components (SSCC)

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