We are the project manager on an NEC4 Engineering and Construction Contract (ECC) Option A (priced contract with activity schedule). If a specialist piece of equipment is not included in contract data part two in the published list of equipment or under other equipment, how does the contractor recover the cost within a quotation for a compensation event?
In accordance with cost component 27 of the short schedule of cost components, the contractor can recover ‘amounts for Equipment which is neither in the published list stated in the Contract Data nor listed in the Contract Data, at competitively tendered or open market rates, multiplied by the time for which the Equipment is required.’