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Author:   NEC
Publisher:   ICE Publishing
Imprint:   ICE Publishing
ISBN:  

9780727759313

ISBN 10:   0727759310
Pages:   96
Publication Date:   01 April 2013
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   In Print  
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Table of Contents

Chapter 1 • Introduction • Background • Purpose of these Guidance Notes • NEC Objectives Chapter 2 • Introduction to the Supply Contract • When should the Supply Contract be used? • Application of the Supply Contract • Some features of the Supply Contract • Key terminology in the Supply Contract • Arrangement of the Supply Contract • Subcontracts • Clause numbering • Roles of the parties • The Supply Manager • The Adjudicator • The contract strategy • The Options • The Price Schedule Chapter 3 • Procedure for preparing a Supply Contract • Preparing the tender documents • Contract Data part one • Goods Information • Contract Data part two • The Price Schedule • Inviting tenders • Preparing a tender • Assessing tenders • Creating the contract Chapter 4 • Supply Requirements • Introduction • Preparing the Supply Requirements • Preparing Supply Requirements when using Incoterms Chapter 5 Explanatory notes on the clauses of the Supply Contract • 1 General • 2 The Supplier's main responsibilities • 3 Time • 4 Testing and Defects • 5 Payment • 6 Compensation events • 7 Title • 8 Risks, liabilities, indemnities and insurance • 9 Termination and dispute resolution • Option clauses • X1 Price adjustment for inflation • X2 Changes in the law • X3 Multiple currencies • X4 Parent company guarantee • X7 Delay damages • X12 Partnering • X13 Performance bond • X14 Advanced payment to the Supplier • X17 Low performance damages • X20 Key Performance Indicators • Y(UK)3 The Contracts (Rights of Third Parties) Act 1999 • Z Additional conditions of contract Appendices • 1 Clause numbering system • 2 Sample form of tender • 3 Sample form of agreement • 4 Use of the SC as a subcontract • 5 Price Schedule • 6 Contract Data - worked example

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