The New Engineering Contract: Ecc Option A - Priced Contract with Activity Schedule

The New Engineering Contract: Ecc Option A - Priced Contract with Activity Schedule

by InstitutionofCivilEngineers (Author)

Synopsis

The New Engineering Contract (NEC) is a modern day family of standard contracts that truly embraces the concept of partnership and encourages employers, designers, contractors and project managers to work together to achieve the client's objectives. Priced contracts are normally only used when the Employer can provide the Contractor with a complete description of what is required at the outset, so that the Contractor can price it with a reasonable degree of certainty. An activity schedule is similar to a series of bars on a bar chart (Gantt chart). The difference is that each bar/activity has a price attached to it and the Contractor is paid for each completed activity at the assessment date following its completion.

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More Information

Format: Paperback
Pages: 55
Edition: 2nd Revised edition
Publisher: Thomas Telford Ltd
Published: 01 Nov 1995

ISBN 10: 0727720724
ISBN 13: 9780727720726