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Nec3 Engineering and Construction Contract

Name: Nec3 Engineering and Construction Contract
Brand: Inst of Civil Engineers Pub
SKU: 11013220
Price: 98.31 EUR
Availability: InStock
Author: NEC
ISBN: 9780727758736

Option C: Target Contract With Activity Schedule

NEC

Language

English

Book Paperback

Libristo code: 11013220

Publishers Inst of Civil Engineers Pub, April 2013

Option C is a target cost contract with an activity schedule where the out-turn financial risks are... Full description

Libristo code: 11013220

238 b

98.31 €

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Option C is a target cost contract with an activity schedule where the out-turn financial risks are shared between the client and the contractor in an agreed proportion. This document contains all the core and secondary option clauses, the schedules of cost components, and contract data relevant to an option C contact. Construction Clients' Board endorsement of NEC3 The Construction Clients' Board (formerly Public Sector Clients' Forum) recommends that public sector organisations use the NEC3 contracts when procuring construction. Standardising use of this comprehensive suite of contracts should help to deliver efficiencies across the public sector and promote behaviours in line with the principles of Achieving Excellence in Construction.