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 reimbursable 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. 

 

Project building

Projects that have used this contract

Crag End landslip, Northumberland, UK

Crag End landslip, Northumberland, UK

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M25 Motorway Renewals Framework, UK

M25 Motorway Renewals Framework, UK

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Network Rail’s Dover Sea Wall emergency reconstruction project, UK

Network Rail’s Dover Sea Wall emergency reconstruction project, UK

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Cumbria infrastructure recovery programme, UK

Cumbria infrastructure recovery programme, UK

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