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Description
The NEC3 Supply Contract (SC) is the first set of standardised terms designed for local and international procurement of high-value goods and related services including design.
This new addition to the NEC3 family is designed around the same model as other NEC documents yet is flexible enough to apply to any industry or supply situation.
OGC endorsement of NEC3;
Construction Clients' Board endorsement of NEC3
The Construction Clients' Board (formerly Public Sector Clients' Forum) recommends that public sector organisations use the NEC3 contracts when procuring construction.
Standardising use of this comprehensive suite of contracts should help to deliver efficiencies across the public sector and promote behaviours in line with the principles of Achieving Excellence in Construction.
Contents
Schedule of Options
Core clauses
General
The Supplier's main responsibilities
Time
Testing and Defects
Payment
Compensation events
Title
Risks, liabilities, indemnities and insurance
Termination and dispute resolution
Option clauses
X1 Price adjustment for inflation
X2 Changes in the law
X3 Multiple currencies
X4 Parent company guarantee
X7 Delay damages
X12 Partnering
X13 Performance bond
X14 Advanced payment to the Supplier
X17 Low performance damages
X20 Key Performance Indicators
Y(UK)3 The Contracts (Rights of Third Parties) Act 1999
Z Additional conditions of contract
Note Main Options A to G and secondary Options X5, X6, X8 to X11, X15,
X16, X18 and X19 used in other NEC3 contracts are not used in this contract.
Contract Data
Index
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