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Channel: ReachBack by BuiltIntelligence - Recent questions and answers in NEC3 and NEC4 Contracts
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NEC3 ECC: Due date for terminated final payment

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In the NEC3 short subcontract it is not laid out how the final payment is calculated and when the final payment is due. If we terminate for reason 2, who determines what the forecast additional cost is? And once decided, what is the time scale for making the final payment?

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