I am currently working on a substation using NEC3 Engineering and Construction Subcontract April 2013 - Option A which is a lump sum contract.
We have submitted a quotation to undertake some fencing works to the Contractor.
The Contractor has responded by stating that this CEQ will be assessed using LPM allocation sheets. In addition he introduced a pain/gain share mechanism and this has been set at 10%.
My query?
Is the PM correct in his decision and proposal?
We have submitted a quotation to undertake some fencing works to the Contractor.
The Contractor has responded by stating that this CEQ will be assessed using LPM allocation sheets. In addition he introduced a pain/gain share mechanism and this has been set at 10%.
My query?
Is the PM correct in his decision and proposal?