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NEC3: Engineering and Construction Contract Option E

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NEC3: Engineering and Construction Contract Option E: cost reimbursable contract
NEC3: Engineering and Construction Contract Option E: cost reimbursable contract

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Option E is a cost reinbursable type contract where the financial risk is taken largely by the client. This document contains all the core clauses and secondary option clauses the schedules of cost components, and contract data, relevant to an option E contract.

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.

 
ISBN
9780727758774
Published by
Thomas Telford Ltd
Publication Date
1 April 2013
Format
Paperback
Extent
80 pages
Dimensions
A4 (210 x 297 mm)
Approx Weight
0.25 kg
HS Code
490199