Understanding NEC3: Term Service Contract

As use of the NEC (formerly the New Engineering Contract) family of contracts continues to grow worldwide, so does the importance of understanding its clauses and nuances to everyone working in the built environment. Currently in its third edition, this set of contracts is different to others in concept as well as format, so users may well find themselves needing a helping hand along the way.

Written in plain English, Understanding NEC3: Term Service Contract offers a practical guide to the use and management of the NEC3 Term Service Contract (TSC). The authors descibe the full life of a contract, from the initial selection of options and contract formation through to the operations period and ultimately termination and dispute resolution. Although born of the same stable as the NEC3 construction contracts, the TSC is aimed at maintaining infrastructure and differs significantly from its siblings.

The book takes the reader through the important provisions including communications, planning, early warnings, compensation events and payments. It is ideal for clients, contractors and their advisors describing how to deploy the contract successfully.