ICC Model Contract for the Turnkey Supply of an Industrial Plant

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:

1.  The supplier's main obligation  is to supply the equipment and assist the purchaser during erection and startup. 

2.  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.

Table of Contents 

Foreword

Introduction

ICC Model Contract for the Turnkey Supply of an Industrial Plant
Chapter 1:  General Clauses
Chapter 2:  Supply of Technical Documentation, Equipment and Spare Parts
Chapter 3:  Erection, Testing, Taking Over and Training
Chapter 4:  Price, Payment Conditions, Bank Guarantees
Chapter 5:  Non Performance and its Consequences
Chapter 6:  Final Clauses

Contract Schedules: Specific Issues to be Determined by the Parties

Annexes

Appendices