Am I correct in my reading that under Option C of the Term Service Contract, the target mechanism has changed in NEC4 from NEC3? Am I correct in my interpretation that cl.11.2.28 reads the price list target as remeasurable, i.e. ‘actual’ quantities whilst in cl11.2.20 of NEC3 TSC it just states the stated ‘quantity’?
Big difference being ‘actual’, however there is a slight inference in NEC3 guidance notes Page 31 which refers to ‘reasons for not accepting a revision of the price list’ it refers to correction of quants.. is something different or is this a reference to remeasuring?
Big difference being ‘actual’, however there is a slight inference in NEC3 guidance notes Page 31 which refers to ‘reasons for not accepting a revision of the price list’ it refers to correction of quants.. is something different or is this a reference to remeasuring?