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Turnkey contracts take a range of forms and at present no single model contract covers them all. The Model Contract for the Turnkey Supply of an Industrial Plant has special characteristics:

  • The supplier's main obligation is to supply the equipment and assist the purchaser during erection and startup.
  • The supplier performs its obligations within facilities that are under the purchaser control.

This ICC 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 (for example, raw materials, time schedule, erection equipment, etc.) are covered in the useful annexes.

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If you purchase the digital version (eBook), we have included a link on the copyright page of the Model so you can download the word version directly and save and edit as needed.

ebook: ICC Model Contract for the Turnkey Supply of an Industrial Plant

€ 62,00Price
  •  Code ISBN : 978-92-842-1323-1
     Weight : 0.4000 kgs
     Number of pages : 118
     Publishing date : 2003
     Language : English
     Format in cm : 19.7*29.2 / EBook: link to the word version.
  • INTRODUCTION 

    • The turnkey contract considered in this model ...10 
    • The drafting techniques used ...11 
    • The entry into force of the contract ...11 
    • Shipment of the equipment ...12 
    • The various stages of performance of the contract ...13 
    • Contract price and payment conditions ...14 
    • Non-performance and its consequences ...14 
    • Force majeure ...15 
    • Applicable law ...15 
    • Local rules relevant for the performance of the contract ...16 
    • Jurisdiction and arbitration ...17 

    ICC MODEL CONTRACT FOR THE TURNKEY SUPPLY OF AN INDUSTRIAL PLANT 

    CHAPTER 1: GENERAL CLAUSES 

    • Definitions ...20 
    • Good faith and fair dealing ...22
    • Entry into force of the Contract ...22 
    • Subject matter and scope of the Contract ...23 
    • Alternatives and additional work ...24 
    • Assignment - Subcontractors - Parties' representatives ...25 
    • Time schedules and co-operation ...25 

    CHAPTER 2: SUPPLY OF TECHNICAL DOCUMENTATION, EQUIPMENT AND SPARE PARTS 

            8. Layout ...27 

            9. Technical documentation ...27 

            10. Supply of the equipment ...28 

            11. Shipment - Packing - Marking ...28 

            12. Taking delivery of the equipment ...28 

            13. Spare parts, raw materials and components ...29 

    CHAPTER 3: ERECTION, TESTING, TAKING OVER AND TRAINING 

            14. Obligations of the Parties ...30 

            15. Management of the site ...30 

            16. Supplier's personnel ...31 

            17. Travel and lodging expenses of supplier's personnel ...31 

            18. Erection ...32 

            19. Erection testing ...32 

            20. Erection Certificate ...33 

            21. Start up of the plant ...33 

            22. Performance testing ...34 

            23. Taking over ...35 

            24. Training of purchaser's personnel ...36 

    CHAPTER 4: PRICE, PAYMENT CONDITIONS, BANK GUARANTEES

            25. Contract price ...37 

            26. Payment conditions ...37 

            27. Bank guarantees provided by the supplier ...38 

            28. Taxes, duties, etc. ...39 

    CHAPTER 5: NON PERFORMANCE AND ITS CONSEQUENCES 

            29. Consequences of non-performance - Liquidated damages ...40 

            30. Contract termination...41 

            31. Defects in the plant after taking over ...42 

            32. Limitation of liability ...44 

    CHAPTER 6: FINAL CLAUSES 

            33. Force majeure ...45 

            34. Confidentiality ...47 

            35. Contract documents ...48 

            36. Applicable law ...49 

            37. Resolution of disputes ...49 

    CONTRACT SCHEDULES: SPECIFIC ISSUES TO BE DETERMINED BY THE PARTIES 

            Contract Schedule A - Definition of the site ...52 

            Contract Schedule B - Events to occur before the commencement date (Article 3.2) ...53 

            Contract Schedule C - Contract termination before effectiveness (Article 3.3) ...54 

            Contract Schedule D - Information needed for preparing the layout of the plant (Article 8.1) ...55

            Contract Schedule E - Shipment of Equipment - Marking - Packing list and other documents ...56 

            Contract Schedule F - Price of the Contract (Article 25) ...57 

            Contract Schedule G - Payment conditions (Article 26) ...58 

            Contract Schedule H - Bank guarantees provided by the supplier (Article 27) ...59 

            Contract Schedule I - Liquidated damages for delay (ARticle 29) ...60 

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