Secondary Options definition
Examples of Secondary Options in a sentence
For use with the NEC3 Term Service Contract (TSC3) The conditions of contract stated in the Contract Data Part 1 include the following Secondary Options: Option X4: Parent company guarantee Option X13: Performance Bond Each of these secondary Options requires a bond or guarantee “in the form set out in the Service Information”.
The conditions of contract are the core clauses and the clauses for main Option C, Dispute Resolution Option W2 and Secondary Options identified as ‘Applies’ in the table below – and Z of the NEC4 Engineering and Construction Contract W2 Used when adjudication is the method of dispute resolution and the United Kingdom Housing Grants, Construction and Regeneration Act 1996 applies Applies Statutory requirement for UK projects.
Financial penalties, as per the requirements of Secondary Options Clause X17, will be applied on the effected payments at 1% penalty per demerit point by the Service Manager, in the month that the demerit points are allocated to the Contractor.
Each school year, $39,500 will 38 be distributed as follows to address professional judgment concerns about high- 39 impact student issues: $3,900 for each elementary, middle, and high school; and 40 $500 for Secondary Options.
The conditions of contract stated in the Contract Data Part 1 may include one or more of the following Secondary Options: Option X14: Advanced payment to the Contractor - Each of these Secondary Options requires a bond or guarantee “in the form set out in the Works Information”.
The conditions of contract are the core clauses and the clauses for main Option C, Dispute Resolution Option W2 and Secondary Options identified as ‘Applies’ in the table below – and Z of the NEC4 Engineering and Construction Contract (with amendments January 2023) W2 Used when adjudication is the method of dispute resolution and the United Kingdom Housing Grants, Construction and Regeneration Act 1996 applies Applies Statutory requirement for UK projects.
Beginning with the 2002-2003 school year, $39,500 will 13 be distributed as follows to address professional judgment concerns about class 14 size or high-impact student issues: $3,900 for each elementary, middle, and high 15 school; and $500 for Secondary Options.
Understanding NEC3: Professional Services Contract uses plain English to lead the reader through the NEC3 Professional Services Contract’s key features, including: Main and Secondary Options the use of early warnings programme provisions payment compensation events preparing and assessing tenders.
The conditions of contract are the core clauses and the clauses for main Option A, Dispute Resolution Option W2 and Secondary Options identified as ‘Applies’ in the table below – and Z of the NEC4 Engineering and Construction Contract (with amendments January 2023).
Main Option [A, C, E] Option for resolving and avoiding disputes [W1 or W2] Secondary Options [X1, X2, X3, X4, X5, X6, X7, X8, X9, X10, X11, X12, X13, X18, X20, Y(UK)1, Y(UK)2, Y(UK)3] and Z.