NEC4 Term Service Contract (TSC4)

NEC4 Term Service Contract (TSC4)
R 1,052.63
Price with VAT: R 1,200.00
ISBN: 
978-0-7277-6215-3
ECS Code: 
TSC4

Category:

The NEC4 Term Service Contract (TSC4) is intended to be used for the appointment of a supplier for a period of time to manage and provide a service maintaining or operating a facility or infrastructure either on a continuous basis or a task by task basis or a combination of both.   Whereas the NEC4 Engineering and Construction Contract would be used to engineer and build a facility or infrastructure, the TSC4 would then be used on completion of the project to manage and provide maintenance or operational services for a fixed period of time.

The NEC4 Term Service Short Contract (TSSC4) is also available for more straight-forward maintenance services. 

Core Clauses

    1 General

    2 The Contractor’s main responsibilities

    3 Time

    4 Quality management

    5 Payment

    6 Compensation events

    7 Use of equipment, Plant and Materials

    8 Liabilities and insurance

    9 Termination

Main Option Clauses

    Option A: Priced contract with price list

    Option C: Target contract with price list

    Option E: Cost reimbursable contract

Resolving and Avoiding Disputes

    Option W1

    Option W2

Secondary Option Clauses

    Option X1: Price adjustment for inflation (used only with Options A and C)

    Option X2: Changes in the law

    Option X3: Multiple currencies (used only with Option A)

    Option X4: Ultimate holding company guarantee

    Option X8: Undertakings to the Client or Others

    Option X10: Information modelling

    Option X11: Termination by the Client (not used with Option X19)

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

    Option X13: Performance bond

    Option X17: Low service damages

    Option X18: Limitation of liability

    Option X19: Termination by either Party (not used with Option X11)

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

    Option X21: Whole life cost

    Option X23: Extending the Service Period

    Option X24: The accounting periods

    Options X5–X7, X9, X14–X16 and X22 are not used

    Option Y(UK)1: Project Bank Account

    Option Y(UK)2: The Housing Grants, Construction and Regeneration Act 1996

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

    Option Z: Additional conditions of subcontract

    Schedule of Cost Components

    Short Schedule of Cost Components

    Subcontract Data

    Part one – Data provided by the Contractor

    Part two – Data provided by the Subcontractor

    Index