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Channel: ReachBack by BuiltIntelligence - Recent questions and answers in NEC3 and NEC4 Contracts
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Answered: NEC ECC: What is the likely effect on tender prices of not having overheads using NEC4?

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Probably wont alter tendered total of Prices too much, but will obviously affect the fee percentage as the element for recovery of people/working area overhead will now have to be included within the single fee. Therefore you will see a slight increase in that fee percentage (actually you wont as you wont know what it would have been for any future tender) but overall the attempt would be for a Contractor to get back to the same financial point you were with more than one fee percentage.

This is about redistribution of fee rather than additional/reduction. Will be easier to administer, but more difficult for Contractor to get right in the first place in a competitive tender situation.

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