NEC3 Engineering and Construction Contract Option D: Target contract with bill of quantities
Book Details
Format
Paperback / Softback
ISBN-10
0727758756
ISBN-13
9780727758750
Publisher
ICE Publishing
Imprint
ICE Publishing
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Apr 15th, 2013
Print length
84 Pages
Weight
296 grams
Dimensions
29.60 x 21.00 x 0.70 cms
Product Classification:
Construction & engineering law
Ksh 11,700.00
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Option D is a target cost contract with a bill of quantities 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 D 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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