NEC3 Engineering and Construction Contract E: Cost reimbursable contract

Contents In this contract the core clauses are the ECC core clauses and the clauses set
out in the ECC as main Option clauses; Option E. The latter are included in
sequence and are printed in bold type in this contract.
Foreword v
Preface vii
Acknowledgements ix
Amendments x
Schedule of Options 1
Core clauses 1 General 3
2 The Contractor’s main responsibilities 8
3 Time 10
4 Testing and Defects 12
5 Payment 14
6 Compensation events 16
7 Title 21
8 Risks and insurance 22
9 Termination 25
Dispute resolution W Option W1 28
Option W2 31
Secondary Option clauses X2 Changes in the law 34
X4 Parent company guarantee 34
X5 Sectional Completion 34
X6 Bonus for early Completion 34
X7 Delay damages 35
X12 Partnering 35
X13 Performance bond 36
X14 Advanced payment to the Contractor 37
X15 Limitation of the Contractor’s liability for his design to reasonable 37
skill and care
X16 Retention 37
X17 Low Performance damages 38
X18 Limitation of liability 38
X20 Key Performance Indicators 38
Y(UK)1 Project Bank Account 39
Y(UK)2 The Housing Grants, Construction and Regeneration Act 1996 43
Y(UK)3 The Contracts (Rights of Third Parties) Act 1999 43
Z Additional conditions of contract 43
Note Option X1, X3, X8 to X11 and X19 are not used
Schedule of Cost 44
Components
Shorter Schedule of Cost 47
Components
Contract Data 49
Index 60