NEC3 Engineering and Construction Contract Option B: Priced contract with bill of quantities (ECC3-B)

NEC3 Engineering and Construction Contract Option B: Priced contract with bill of quantities (ECC3-B)
R 745.61
Price with VAT: R 850.00
ISBN: 
9780727758712
ECS Code: 
ECC3-Opt B
Cover Colour: 
Green

Category:

Option B is a priced contract with a bill of quantities where the risk of carrying out the work at the agreed rates and prices is largely borne by the contractor. The employer carries the risk of measurement of the work at the time of tender and of the re-measurment as work proceeds.  

This document is the ECC3 black book with the other main Options A, and C to F deleted and the Option B clauses merged into the core clauses in their appropriate place.  It is useful to persons only ever likely to require an Option B type of contract.
 
The National Treasury Standard for Infrastructure Procurement and Delivery Management has, with the exception of the NEC3 Framework Contract (a head contract), endorsed the NEC3 family of contracts for use by organs of state in South Africa to serve their infrastructure needs.

The NEC3 family of contracts support a wide range of procurement strategies which can lead to improved project outcomes and in so doing realise value for money..

Copyright Policy
 
 Users should note that the NEC Forms of Contract are protected by copyright and may not be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical or photocopying, recording or otherwise, without the prior permission of the copyright owner. However, Contract Data forms may be reproduced for the purpose of obtaining tenders, awarding and administering contracts.

Likewise, plagiarising any copyrighted document is illegal. For users seeking to prepare their own bespoke contracts based on the NEC Forms of Contract, please contact NEC at info@neccontract.com to discuss and obtain a copyright licence.

 

Schedule of Options
Core clauses
• 1 General
• 2 The Contractor’s main responsibilities
• 3 Time
• 4 Testing and Defects
• 5 Payment
• 6 Compensation events
• 7 Title
• 8 Risks and insurance
• 9 Termination
 
Dispute resolution W
• Option W1
• Option W2
 
Secondary Option clauses
• X1   Price adjustment for inflation
• X2   Changes in the law
• X3   Multiple currencies
• X4   Parent company guarantee
• X5   Sectional Completion
• X6   Bonus for early Completion
• X7   Delay damages
• X12 Partnering
• X13 Performance bond
• X14 Advanced payment to the Contractor
• X15 Limitation of the Contractor’s liability for his design to reasonable skill and care
• X16 Retention
• X17 Low performance damages
• X18 Limitation of liability
• X20 Key performance indicators
• Y(UK)1: Project Bank Account
• 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
Note Options X8 to X11 and X19 are not used
 
Schedule of Cost Components
Contract Data
Index