NEC3 Engineering and Construction Contract Option E: Cost reimbursable contract
Book Details
Format
Paperback / Softback
ISBN-10
0727758772
ISBN-13
9780727758774
Publisher
ICE Publishing
Imprint
ICE Publishing
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Apr 15th, 2013
Print length
80 Pages
Weight
268 grams
Dimensions
21.00 x 29.70 x 0.90 cms
Product Classification:
Construction & engineering law
AI Summary
Ksh 12,950.00
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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.
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