We are the contractor on an NEC3 ECC project. The schedule of cost components item 22 states that payments for equipment which is not listed in the contract data but is, for example, owned by us is at open-market rates, multiplied by the time for which the equipment is required. Can you please confirm what an open-market rate is? For example, I could call a hire company as an individual and be quoted £115 for a piece of equipment that I could get for £100 if I called as a contractor.