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NEC4: Managing a Supply Contract
ISBN | 9780727762429 |
---|---|
Publication Status | Current |
Publication Date | 22/06/2017 |
Format (Paperback, Hardback etc) | Paperback |
Brand / Publisher | NEC |
Publisher | ICE Publishing |
This document will provide guidance on the contract management for a Supply Contract (SC).
Chapter 1 Introduction
Chapter 2 Core clauses
Chapter 3 Option clauses
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
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