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NEC TSC: How are extensions to the service period handled?

+1 vote
NEC TSC: How are extensions to the service period handled?
Context: contract coming to an end but not adequately prepared to go to market.

I understand that there's no mechanism for this but it is possible within the bounds of the NEC TSC provisions?
asked Mar 2 in NEC3 Time by anonymous   1 4

1 Answer

+1 vote
The simplest thing to do would be for the two Parties to sign a Supplemental Agreement extending the service period to a certain date. If all other terms stay the same it would be a simple document, but signed by both Parties directors.
answered Mar 2 by Jon Broome (25,100 points)  
Contract drafters commonly define the service period as "X years plus any extensions the Employer notifies to the Contractor up to a maximum period of Y years" to get around this issue. You need a little more than that to create certainty for both Parties however that's the essence of it.