SAICE

NEC4 Managing a Professional Service Contract

R1200,00 Incl. VAT

Product Code: TD/SAI/4MP
This document will provide guidance on the contract management for a Professional Service Contract (PSC).

Additional information

Weight 1000 g
Publisher

Thomas Telford

ISBN Number

978-0-7277-6237-5

Edition

4

Year

June 2017

Chapter 1 Introduction
• Professional service subcontract (PSS)

Chapter 2 Core and main Option clauses
• 1 General
• 2 The Consultant’s main responsibilities
• 3 Time
• 4 Quality management
• 5 Payment
• 6 Compensation events
• 7 Rights to material
• 8 Liabilities and insurance
• 9 Termination

Chapter 3 Clauses for resolving and avoiding disputes

Chapter 4 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 X5: Sectional completion
• Option X6: Bonus for early completion
• Option X7: Delay damages
• Option X8: Undertakings to Others
• Option X9: Transfer of rights
• Option X10: Information modelling
• Option X11: Termination by the Client
• Option X12: Multiparty collaboration (not used with Option X20)
• Option X13: Performance bond
• Option X18: Limitation of liability X18
• Option X20: Key Performance Indicators (not used with Option X12)
• Option Y(UK1): Project Bank Account
• Option Y(UK)2: The Housing Grants, Construction and Regeneration Act 1996
• Option Y(UK)3: The Contract (Rights of Third Parties) Act 1999

Chapter 5 Schedule of Cost Components (SCC)

Chapter 6 Short Schedule of Cost Components (SSCC)

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 for compensation event