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ICC Model Turnkey Contract for Major Projects
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Pub No. : 659
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ICC Model Turnkey Contract for Major Projects
Commission on Commercial Law and Practice
ICC No. 659
Paperback
8 inches x 11 inches
2007 Edition
112 pages
International turnkey construction projects are often complex transactions, requiring correspondingly complex legal documentation. Moreover, many such major construction projects are an important element in international development, and it is vital that the arrangements put in place be durable, clear and equitable.
ICC has prepared ICC Model Turnkey Contract for Major Projects for use in major projects in order to provide contractors and employers with a unique, balanced platform that is fair to all parties. At the same time, the model accommodates the desire of all parties for price and scope certainty, the need for swift and effective dispute resolution, and the need for complete and informed allocation of risks.
Table of Contents
Introduction, Forword
Main Contract Form
Conditions of Contract:
Chapter 1 General and Preliminary Articles
Chapter 2 The Parties' Obligations
Chapter 3 The Execution of the Contract
Chapter 4 Design - Responsibility and Management; Variations
Chapter 5 Commencement; the Time to Taking-Over scheduling and Progress
Chapter 6 Contract Price and Payment
Chapter 7 Completion and Taking-Over of the Works by teh Employer
Chapter 8 Defect Correction Period
Chapter 9 Allocation of Risk and Responsibility and Exclusions from Liability
Chapter 10 Force Majeure and Termination of the Contract
Chapter 11 Insurance
Chapter 12 Miscellaneous Provisions
Chapter 13 Claims, Dispute Resolution and Arbitration
Appendixes
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Product Reviews
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