NEC4 Managing a Supply Contract (SC4-Man)

NEC4 Managing a Supply Contract (SC4-Man)
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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 Supply Contract (SC4).  It is essential reading for those tasked with administering contracts based on the SC4.  Those preparing a SC4 contract should use the Volume 2 specific to the preparation of a SC4 contract.

Chapter 1 Introduction

Chapter 2 Core clauses

    1 General

    2 The Supplier’s main responsibilities

    3 Time

    4 Quality management

    5 Payment

    6 Compensation events

    7 Title

    8 Liabilities and insurance

    9 Termination, resolving and avoiding disputes

Chapter 3 Option clauses

    Option X1: Price adjustment for inflation

    Option X2: Changes in the law

    Option X3: Multiple currencies

    Option X4: Ultimate holding company guarantee

    Option X7: Delay damages

    Option X10: Information modelling

    Option X11: Termination by the Purchaser

    Option X12: Multiparty collaboration (not used with Option X20)

    Option X13: Performance bond

    Option X14: Advanced payment to the Supplier

    Option X17: Low performance damages

    Option X18: Limitation of liability

    Option X20: Key Performance Indicators (not used with Option X12)

    Option X21: Whole life cost

    Option X25: Supplier warranties

    Option Y(UK)1: Project Bank Account

    Option Y(UK)3: The Contracts (Rights of Third Parties) Act 1999

Chapter 4 Schedule of Cost Components (SCC)

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