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NEC4 ECC Payment Main Options A, B, C & D in detail

NEC4 ECC Payment Main Options A, B, C & D in detail

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This course explains how the amount due is assessed under NEC4 ECC main payment options A, B, C and D. We will look at the role of the Activity Schedule, the Bill of Quantities, and how under target contracts, the Contractor’s share or pain/gain is calculated. Learners will therefore learn in more detail about the specifics of these options and be able to administrate an NEC4 contract better as a result.

On completion of this course you will:

1. How the amount due is assessed under main payment options A, B, C and D.
2. Explain the role of the Activity Schedule, the Bill of Quantities, and how under target contracts, the Contractor's share or pain/gain is calculated.

Learners will therefore learn in more detail about the specifics of these options and be able to administrate an NEC4 contract better as a result.