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What is this?

NEC3 Term Service Contract Guidance Notes

NEC3 Term Service Contract Guidance Notes

£19.00 RRP: £20.00 You save £1.00 (5.0%)

ISBN: 9780727733771
Format: Paper
Publish Date: 01/06/2005
Publisher: Thomas Telford Ltd
Page Size: 297x210mm
Number of Pages: 76

The NEC3 Term Service Contract Guidance Notes set out the background to the contract, its provisions and guidance on when and how to use it.

The procedure for setting up a contract is covered and explanations are given on the meanings of individual clauses. Worked examples are provided of contract data. Finally appendices cover the clause numbering system, sample form of tender, sample form of agreement, use as a subcontract, form of performance bond and price list.

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