Description

Changing cultures, management practices and procedures is a key component of successfully implementing NEC contracts. This manual is aimed at helping users to manage the process
more effectively.

It covers: compensation events – what are they, where to find a list, how to identify, quotations, assessment of quotations;
implementation; schedule of cost components – when they are used, how they interact with the payment clauses; actual cost; the fee; cost components; contract data part two; putting it all together; audits; working on multiple projects on the same site.

Contents

• Foreword, Introduction and Acknowledgements
• Table of Contents
• Chapter 11: Compensation events in the ECC. What is a compensation event; where to find a list of compensation events; how to identify a compensation event; quotations for compensation events; assessment of quotations; implementation of compensation events.
• Chapter 12: The Schedule of Cost Components When is the SCC used; how the SCC interacts with the payment clauses; Actual Cost; the Fee; the cost components; Contract Data part two; putting it all together; audits; working on multiple projects on the same site
• Chapter 11: Appendix 7 Compensation Event Procedures
• Chapter 12: Appendix 8 Example Quotation
• Chapter 12: Appendix 9 People costs