NEC4: Supply Contract
The NEC4 Supply Contract (SC) is for local and international purchase of high-value goods and related services, including design and training. Examples include major items of plant, such as turbines, generators, transformers, pumps, rolling stock, cranes, gantries and tunnel boring machines.
It is is the main supply contract in the NEC4 suite of collaborative, flexible and clearly written contracts for built environment procurement.
The SC is a priced contract with additional NEC benefits, such as collaborative working, effective risk allocation and sound management. The International of Chamber of Commerce Incoterms can also be incorporated, making the contract ideal for international procurement.
The document contains everything you need to prepare, tender and manage an NEC4 SC, 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 on time, on budget and to the highest environmental and quality standards.
As with all NEC4 contracts, the parties to an SC are required to act in a ‘spirit of mutual trust and co-operation’ and give early warnings of anything that could affect cost, delivery date or performance of the goods 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 delivery programme, ensures there are no surprises.