NEC4: Managing a Term Service Contract
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This document will provide guidance on the contract management for a Term Service Contract (TSC).
- Term service subcontract (TSS)
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 Use of equipment, Plant and Materials
- 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 and C)
- Option X2: Changes in the law
- Option X3: Multiple currencies (used only with Option A)
- Option X4: Ultimate holding company guarantee
- Option X8: Undertakings to the Client or Others
- Option X10: Information modelling
- Option X11: Termination by the Client
- Option X12: Multiparty collaboration (not used with Option X20)
- Option X13: Performance bond
- Option X17: Low service damages
- Option X18: Limitation of liability X18
- Option X19: Termination by either party (not used with X11)
- Option X20: Key Performance Indicators (not used with Option X12)
- Option X21: Whole life cost
- Option X23: Extending the Service Period
- Option X24: The accounting periods
- 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
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Product code: L48066-H
ISBN:
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