NEC4 Supply Contract (SC4)

NEC4 Supply Contract (SC4)
R 964.91
Price with VAT: R 1,100.00
ISBN: 
978-0-7277-6218-4
ECS Code: 
SC4

Category:

The NEC4 Supply Contract (SC) is used for the local and international procurement and supply of high-value goods and associated services such as transformers, turbine rotors, rolling stock, loading bridges, transmission plant, cable and process plant, together with related services like design.  The Supply Contract can be used with or without reference to INCOTERMS.

Alongside 4 Guide Books to help users get the best out of the contract, the NEC4 Supply Short Contract is also available for use on less sophisticated purchases that impose only low risk on both the purchaser and supplier.

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

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

Options X5–X6, X8–X9, X15–X16, X19 and X22–X24 are not used

    Option Y(UK)1: Project Bank Account

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

    Option Z: Additional conditions of contract

    Schedule of Cost Components

    Contract Data

    Part one – Data provided by the Client

    Part two – Data provided by the Contractor

    Index