We are a subcontractor under an NEC4 Engineering and Construction Short Subcontract (ECSS) with an itemised price list, which is separated into supply and lay. Our client has changed the scope on a small area of a section which will reduce the quantity of material needed to complete this. Do we have to reduce the supply element of the price list?
Defined cost is calculated in accordance with clause 11.2(6). Your people will be costed using the people rates in the subcontract data and the cost of equipment will be based upon the rates in the published list of equipment, again set out in the subcontract data. The fee is defined in clause 11.2(8) and again refers to the fee percentage in the subcontract data.