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NEC4 Option E cost reimbursable contract

NEC4 Option E: Cost reimbursable contract, £48.00, ISBN 9780727763150, Publisher Thomas Telford, which building contract bookshop
NEC4: Engineering and Construction Contract Option E: cost reimbursable contract

List Price: £49.75 RRP
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Product Code: 9780727763150

Description Technical Specs
ISBN: 9780727763150
Format: Paperbound
Publish Date: 22/07/2017
Publisher: Thomas Telford Ltd
Number of Pages: 80

The NEC4 Option E is a cost reimbursable contract.

With this type of contract the contractor is reimbursed the actual costs of carrying out any works, plus an additional fee.  In this option any financial risk involved is borne by the client, not the contractor.

This form of contract would be used where the type and scope of the works required cant be properly assessed, or calculated from the outset.

Price: 49.75

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