Of the 4 Volumes of Guide Books designed to assist users of NEC contracts, where Volume 1 and Volume 3 are common to all contracts this document is the Volume 4 specific to management of a contract based on the NEC4 Term Service Contract (TSC4). It is essential reading for those tasked with administering contracts based on the TSC4. Those preparing a TSC4 contract should use the Volume 2 specific to the preparation of a TSC4 contract.
NEC4 Managing a Term Service Contract
R640.00 Excl VAT
ISBN: 978-0-7277-6239-9
ECS Code: TSC4-Mge
Cover Colour: Light Grey
Chapter 1 Introduction
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