NEC4: Term Service Contract Bundle
The NEC4 Term Service Contract (TSC) and back-to-back NEC4 Term Service Subcontract (TSS) are for appointing a contractor and subcontractors over fixed periods to provide an ongoing maintenance, repair or other service on an operational asset, including one-off tasks. They are the main term service contract and subcontract in the NEC4 suite of collaborative, flexible and clearly written contracts for built environment procurement.
The contracts offer three main payment Options: A (priced contract with price list), C (target contract with price list) 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. A different Option from the main contract can be used in each subcontract.
The bundle also includes the NEC4 Term Service Short Contract (TSSC), which is a simpler alternative to NEC4 TSC for a more straightforward, low-risk services, with payment based on a price list.
The documents contain everything you need to prepare, tender and manage an NEC4 TSC, TSSC and TSS, including all secondary Options and forms for the relevant cost schedules and contract data.
The bundle also includes all related user guides and flow charts for the TSC, TSSC and TSS.
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 TSC, TSSC and TSS 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 effectiveness 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 plan, ensures there are no surprises at the end of the contract.