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No. E843E
ISBN : 978-92-842-0689-6
€49,00
eBook
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Help CentreTurnkey contracts take a range of forms and at present no single model contract covers them all. As part of the suite of model construction contracts, the International Chamber of Commerce (ICC) developed the ICC Model Contract Turnkey Supply of an Industrial Plant. The model contract was designed specifically for turnkey contracts involving the supply of industrial plants or production lines to be erected within facilities which already exist or which are constructed by the purchaser.
The model has special characteristics: The supplier is obliged to supply the equipment and assist the purchaser, and performs these obligations within facilities that are under the purchaser’s control.
This model contract takes account of all of these specifics and contains enough flexibility for the parties to work out special situations for themselves. To leave the greatest possible space to alternative solutions, many issues including raw materials, time schedule, erection equipment, among others, are covered in the annexes.
Each ICC Model Contract includes a fully editable version in Microsoft Word, permitting you to easily adapt the contract to your specific case.
Code ISBN : | 978-92-842-0689-6 |
Number of pages : | 56 |
Publishing date : | 2024 |
Language : | English |
Format in cm : | 19.7*29.2 |
Introduction..... 7
10. Local rules relevant for the performance of the contract..... 11
ICC Model contract Turnkey Supply of an industrial plant..... 13
Chapter 1. | General clauses..... 13
Article 1 Definitions..... 13
Article 2 Good faith and fair dealing..... 14
Article 3 Entry into force of the Contract..... 14
Article 4 Subject matter and scope of the Contract ..... 14
Article 5 Alterations and additional work..... 16
Article 6 Assignment – Subcontractors – Parties’ representatives..... 16
Article 7 Time schedules and co-operation..... 17
Chapter 2. | Supply of technical documentation, equipment and spare parts..... 17
Article 8 Layout..... 17
Article 9 Technical Documentation..... 17
Article 10 Supply of the Equipment..... 17
Article 11 Shipment – Packing – Marking..... 18
Article 12 Taking delivery of the Equipment...... 18
Article 13 Spare parts, raw materials and components..... 18
Chapter 3. | Erection, testing, taking over and training..... 19
Article 14 Obligations of the Parties..... 19
Article 15 Management of the Site..... 19
Article 16 Supplier’s personnel..... 19
Article 17 Travel and lodging expenses of Supplier’s personnel..... 20
Article 18 Erection..... 20
Article 19 Erection Testing..... 20
Article 20 Erection Certificate..... 20
Article 21 Start Up of the Plant..... 21
Article 22 Performance Testing..... 21
Article 23 Taking Over..... 22
Article 24 Training of Purchaser’s personnel..... 22
Chapter 4. | Price, payment conditions, bank guarantees..... 23
Article 25 Contract Price..... 23
Article 26 Payment conditions..... 23
Article 27 Bank guarantees provided by the Supplier..... 24
Article 28 Taxes, duties etc..... 24
Chapter 5 | Non-performance and its consequences..... 24
Article 29 Consequences of non-performance – Liquidated damages..... 24
Article 30 Contract termination..... 25
Article 31 Defects in the Plant after Taking Over..... 26
Article 32 Limitation of liability..... 27
Chapter 6. | Final clauses..... 27
Article 33 Force majeure..... 27
Article 34 Confidentiality..... 28
Article 35 Contract documents..... 28
Article 36 Applicable law..... 30
Article 37 Resolution of disputes..... 30
Contract Schedule A Definition of the Site..... 32
Contract Schedule B Events to occur before the Commencement Date..... 33
Contract Schedule C Contract termination before effectiveness..... 34
Contract Schedule D Information needed for preparing the Layout of the Plant..... 35
Contract Schedule E Shipment of Equipment – Marking – Packing list and other documents..... 36
Contract Schedule F Price of the Contract..... 37
Contract Schedule G Payment conditions..... 38
Contract Schedule H Bank guarantees provided by the Supplier..... 39
Contract Schedule I Liquidated damages for delay..... 40
Annex 1
Annex 2
Annex 3
Main subcontracts and sub-suppliers..... 43
Annex 4
Annex 5
Annex 6
Annex 7
Annex 8
Annex 9
Annex 10
Annex 11
Annex 12
Appendix I
Appendix II
UNIDROIT Principles 2016..... 54
About the International Chamber of Commerce (ICC)..... 55
ICC Publications..... 56
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