Quantcast
Channel: ReachBack by BuiltIntelligence - Recent questions and answers in NEC3 and NEC4 Contracts
Viewing all articles
Browse latest Browse all 3204

Answered: NEC3 ECC: How is a CE assessed under Option A when only the percentage for people overhead and the Equipment % have been inserted?

$
0
0
Just to clarify a couple of things.

The Schedule of Cost Components (or the Shorter SCC in the case of Option A) is not a pricing document in itself. It makes use of various rates and percentages stated in the Contract Data to arrive at an assessment of Defined Cost but doesn't include them directly.

All of the percentages mentioned - People overhead, adjustment on Equipment, Direct Fee and Subcontract Fee - should be entered by the Contractor into Contract Data Part Two together with the published list of Equipment plus details and prices for any Equipment that sits outside of the published list.

I would respectfully suggest that if your documents are structured differently to this then they will either have significant amendments (Z Clauses) or may be non-compliant with NEC3.

Viewing all articles
Browse latest Browse all 3204

Trending Articles