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

Answered: NEC ECC: Undervalued BofQ items

$
0
0
In short no. Once a CE is implemented that is full and final. An under estimated rate does not constitute a new compensation event (and equally nor can the Employer have money back if rate was way over your actual cost).

The only way this would be a compensation event is if the actual quantity of this element changed significantly after it is implemented, but then only the element that is more than 0.5% of the total of the Prices would be subject to consideration.

Viewing all articles
Browse latest Browse all 3204

Trending Articles