Within our contract (NEC4, Option A), we have agreed to use CECA rates less a discount and this is the rate that I have charged for my equipment costs with a CE. However, the PM has highlighted the following "Point 8 of Section B - Equipment in the CECA book states the following "Hired equipment (exclusive of drivers and attendants) shall be charged at invoice cost without deduction of any cash discount not exceeding 2.5%"".
The equipment is hired in, so is he correct that the equipment should be at hired in rates or are we correct for using the CECA rates?
The equipment is hired in, so is he correct that the equipment should be at hired in rates or are we correct for using the CECA rates?