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NEC3 Professional Services Contract (PSC) (June 2005) (X205) NEC3 Professional Services Contract (PSC) (June 2005) (X205)
Author(s): NEC
Date: 2005
ISBN: 0727733702
Pages: 62
Publisher: Thomas Telford

Description: The NEC3 Professional Services Contract (PSC) should be used for the appointment of a supplier to provide professional services.

Contents: Schedule of options Core clauses, 1 General, 2 The Parties’ main responsibilities, 3 Time, 4 Quality, 5 Payment, 6 Compensation events, 7 Rights to material, 8 Indemnity, insurance and liability style, 9 Termination, Main option clauses, A Priced subcontract with activity schedule, C Target contract, E Time based contract, G Term contract Option, Dispute resolution, Option W1, Option W2, Secondary option clauses, X1 Price adjustment for inflation Changes in the law, X3 Multiple currencies Parent company guarantee Sectional Completion Bonus for early Completion, Delay damages, Collateral warranty agreements, Transfer of rights, X10 Employer’s Agent, X11 Termination by the Employer, X12 Partnering, X13 Performance bond, X18 Limitation of liability, X20 Key Psrformance Indicators, Y(UK)2 The Housing Grants, Construction and Regeneration Act 1996, Y(UK)3 The Contracts (Rights of Third Parties) Act 1999, Z Additional conditions of subcontract, Note Options X14 to X17, X19 and Y(UK)1 are not used, Contract data, Index 


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