Term contract - Revision history

Designing Buildings at 07:40, 14 June 2021

2021-06-14T07:40:34Z

← Older revision		Revision as of 07:40, 14 June 2021
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	If the client wants the consultant to carry out services that are not on the task schedule, they are notified as compensation events (similar to relevant events on other forms of contract). This will result additional payment being made, priced using the compensation event assessment procedure.		If the client wants the consultant to carry out services that are not on the task schedule, they are notified as compensation events (similar to relevant events on other forms of contract). This will result additional payment being made, priced using the compensation event assessment procedure.
		+
		+	NB [https://www.cips.org/knowledge/glossary-of-terms/ The Chartered Institute of Procurement & Supply (CIPS) Glossary of procurement terms], defines term contracts as: ‘Contracts written to last a period of time and include agreed terms.’

	= Related articles on Designing Buildings Wiki =		= Related articles on Designing Buildings Wiki =

Designing Buildings at 09:20, 9 October 2020

2020-10-09T09:20:52Z

← Older revision		Revision as of 09:20, 9 October 2020
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	If the client wants the consultant to carry out services that are not on the task schedule, they are notified as compensation events (similar to relevant events on other forms of contract). This will result additional payment being made, priced using the compensation event assessment procedure.		If the client wants the consultant to carry out services that are not on the task schedule, they are notified as compensation events (similar to relevant events on other forms of contract). This will result additional payment being made, priced using the compensation event assessment procedure.

−	~~= Find out more =~~	+	= Related articles on Designing Buildings Wiki =
−		+
−	=== Related articles on Designing Buildings Wiki ===	+

	* Appointments.		* Appointments.
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	* Relevant event.		* Relevant event.

−	[[Category:Appointments]]	+	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:Appointments]]

Editor at 12:05, 23 August 2018

2018-08-23T12:05:47Z

← Older revision		Revision as of 12:05, 23 August 2018
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−
	New Engineering Contract (NEC) Option G: Term Contract, is a contract for the appointment of consultants.		New Engineering Contract (NEC) Option G: Term Contract, is a contract for the appointment of consultants.

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	=== Related articles on Designing Buildings Wiki ===		=== Related articles on Designing Buildings Wiki ===
−	*~~Appointment~~.	+
−	*Compensation event.	+	* Appointments.
−	*Contract.	+	* Compensation event.
−	*NEC3.	+	* Contract.
−	*Procurement route.	+	* NEC Option A: Priced contract with activity schedule.
−	*Relevant event.	+	* NEC Option B: Priced contract with bill of quantities.
		+	* NEC Option C: Target contract with activity schedule.
		+	* NEC Option D: Target contract with bill of quantities.
		+	* NEC Option E: Cost reimbursable contract.
		+	* NEC3.
		+	* Procurement route.
		+	* Relevant event.

	[[Category:Appointments]]		[[Category:Appointments]]

Designing Buildings at 06:21, 15 August 2014

2014-08-15T06:21:14Z

← Older revision		Revision as of 06:21, 15 August 2014
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−	New Engineering Contract (NEC) Option G: Term Contract, is ~~actually~~ a contract for the appointment of consultants.	+	New Engineering Contract (NEC) Option G: Term Contract, is a contract for the appointment of consultants.

	It provides for the appointment of a consultant for an agreed period of time based on a priced task schedule and staff rates for different grades of staff. Prices on the task schedule are either a lump sum for that item, or may be carried out on a time basis. The consultant bears the risk of being able to perform the tasks at the agreed prices.		It provides for the appointment of a consultant for an agreed period of time based on a priced task schedule and staff rates for different grades of staff. Prices on the task schedule are either a lump sum for that item, or may be carried out on a time basis. The consultant bears the risk of being able to perform the tasks at the agreed prices.

Designing Buildings at 18:33, 18 February 2013

2013-02-18T18:33:05Z

← Older revision		Revision as of 18:33, 18 February 2013
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	It provides for the appointment of a consultant for an agreed period of time based on a priced task schedule and staff rates for different grades of staff. Prices on the task schedule are either a lump sum for that item, or may be carried out on a time basis. The consultant bears the risk of being able to perform the tasks at the agreed prices.		It provides for the appointment of a consultant for an agreed period of time based on a priced task schedule and staff rates for different grades of staff. Prices on the task schedule are either a lump sum for that item, or may be carried out on a time basis. The consultant bears the risk of being able to perform the tasks at the agreed prices.

−	When the client wants the services to be carried out they are simply selected from the task schedule and the consultant is instructed.	+	When the client wants the services to be carried out they are simply selected from the task schedule and the consultant is instructed.

	If the client wants the consultant to carry out services that are not on the task schedule, they are notified as compensation events (similar to relevant events on other forms of contract). This will result additional payment being made, priced using the compensation event assessment procedure.		If the client wants the consultant to carry out services that are not on the task schedule, they are notified as compensation events (similar to relevant events on other forms of contract). This will result additional payment being made, priced using the compensation event assessment procedure.
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	*Compensation event.		*Compensation event.
	*Contract.		*Contract.
−	*~~NEC~~.	+	*NEC3.
	*Procurement route.		*Procurement route.
	*Relevant event.		*Relevant event.

	[[Category:Appointments]]		[[Category:Appointments]]

Designing Buildings: Created page with " New Engineering Contract (NEC) Option G: Term Contract, is actually a contract for the appointment of consultants. It provides for the appointment of a consultant for an agreed..."

2013-02-18T18:32:28Z

Created page with " New Engineering Contract (NEC) Option G: Term Contract, is actually a contract for the appointment of consultants. It provides for the appointment of a consultant for an agreed..."

New page

New Engineering Contract (NEC) Option G: Term Contract, is actually a contract for the appointment of consultants.

It provides for the appointment of a consultant for an agreed period of time based on a priced task schedule and staff rates for different grades of staff. Prices on the task schedule are either a lump sum for that item, or may be carried out on a time basis. The consultant bears the risk of being able to perform the tasks at the agreed prices.

When the client wants the services to be carried out they are simply selected from the task schedule and the consultant is instructed.

If the client wants the consultant to carry out services that are not on the task schedule, they are notified as compensation events (similar to relevant events on other forms of contract). This will result additional payment being made, priced using the compensation event assessment procedure.

= Find out more =

=== Related articles on Designing Buildings Wiki ===
*Appointment.
*Compensation event.
*Contract.
*NEC.
*Procurement route.
*Relevant event.

[[Category:Appointments]]