NEC4: Professional Service Contract
The NEC4 Professional Service Contract (PSC) is the main professional service contract in the NEC4 suite of collaborative, flexible and clearly written contracts for built environment procurement. It is for appointing any provider of professional services, including project managers, service managers, supervisors, designers and other consultants associated with an NEC4 contract.
NEC4 PSC offers three main payment Options: A (priced contract with activity schedule), C (target contract) and E (cost-reimbursable contract). In Option A most of the risk is placed with the service provider, while in Option C it is shared between the client and service provider and in Option E it rests mostly with the client.
In addition to the main Options, the document contains everything you need to prepare, tender and manage an NEC4 PSC contract, including all secondary Options and forms for the cost schedule and contract data.
The NEC4 suite has a global track record for delivering all kinds and sizes of building and infrastructure projects and services on time, on budget and to the highest environmental and quality standards.
As with all NEC4 contracts, the parties to a PSC are required to act in a ‘spirit of mutual trust and co-operation’ and give early warnings of anything that could affect time, cost or usefulness of the service so it can be mitigated without delay.
Change is dealt with by a fast and fair compensation event process which, together with a continually updated and agreed programme, ensures there are no surprises at the end of the contract.