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Channel: ReachBack by BuiltIntelligence - Recent questions and answers in NEC3 and NEC4 Contracts
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Answered: NEC ECC: Why is the forecast each period under options C-F not subject to acceptance?

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I get your sentiment, but what actually would it mean if you could reject their forecast? What would it actually achieve - would you be any better off and what could you do with that? They are unlikely to correct it before next month anyway. It is a heads up as to where they think costs are heading, but not something you can hold them to. Whether the forecast is correct or not, it does not change their contractual or financial liability.

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