NEC4 ECC Introduction to the different main payment options and their Defined Terms
Access hundreds of courses and features for a simple monthly subscription. No obligation, modify or cancel your subscription at any time. Find out more.
This course discusses how the assessment of what the Client pays to the Contractor varies between each main option. The learning outcome for this course is that learners understand the differences in how the Contractor is paid under the different main payment options.
On completion of this course you will:
1. What the main options are and how they affect payment terms
2. How the PWDD is calculated for different main options.