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Channel: ReachBack by BuiltIntelligence - Recent questions and answers in NEC3 and NEC4 Contracts
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Answered: NEC ECC: Payment of Defined Cost under Option C

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It should be Defined Cost which is in accordance with rules specified in accordance in the contract. That includes clause 52.1 and the relevant percentages in the Contract Data part 2 which are applied to the Schedule of Cost Components.

I suspect I need a bit more detail to answer this fully.

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