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Full Product Details

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

9780727759214

ISBN 10:   0727759213
Pages:   96
Publication Date:   15 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 • The NEC family of contracts • `A fundamental review’ • The Latham Report • Increasing use of the NEC contracts • The NEC family of contracts • Culture change • Have the NEC contracts been successful? Chapter 2 • Key principles of NEC contracts • Flexibility • Clarity • Stimulus to good management Chapter 3 • Introduction to the Term Service Contract • Purpose of the guidance notes • When should the TSC be used? • The contract • Subcontracts • Clause numbering • Roles of the parties • The Service Manager • The Adjudicator • The contract strategy • The main Options • A Priced contract with price list • C Target contract with price list • E Cost reimbursable contract • The secondary Options • W Dispute resolution • X1 Price adjustment for inflation • X2 Changes in the law • X3 Multiple currencies • X4 Parent company guarantee • X12 Partnering • X13 Performance bond • X17 Low service damages • X18 Limitation of liability • X19 Task Order • X20 Key Performance Indicators • Y(UK)2 The Housing Grants, Construction and Regeneration Act 1996 • Y(UK)3 The Contracts (Rights of Third Parties) Act 1999 • Z Additional conditions of contract Chapter 4 • Procedure for preparing a Term Service Contract • Preparing the tender documents • Contract Data part one • Service Information • Contract Data part two • The Price List • Inviting tenders • Preparing a tender • Assessing tenders • Creating the contract Chapter 5 • Explanatory notes on the clauses of the Term Service Contract • 1 General • 2 The Contractor’s main responsibilities • 3 Time • 4 Testing and Defects • 5 Payment • 6 Compensation events • 7 Use of equipment, Plant and Materials • 8 Risks and insurance • 9 Termination • Option W • W1 Dispute resolution • W2 Dispute resolution • Secondary Option clauses • X1 Price adjustment for inflation • X2 Changes in the law • X3 Multiple currencies • X4 Parent company guarantee • X12 Partnering • X13 Performance bond • X17 Low service damages • X18 Limitation of liability • X19 Task Order • X20 Key Performance Indicators • Y(UK)2 The Housing Grants, Construction and Regeneration Act 1996 • 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 TSC as a subcontract • 5 TSC form of performance bond • 6 Price List

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