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NEC ECC: Assessment of Quotations

0 votes
In ECC Option B, what contract mechanism allowed the PM to obtain a price with many uncertainties and unforeseen extra works for the Employer to make the decision?

On the other hand, how can the Contractor deal with this situation when assessing the quotation? Can the Contractor make their assumption into the quotation?
asked Jul 27, 2018 in Compensation Events by acheung (290 points)  

1 Answer

0 votes
The simple answer is price in lots of risk for the risk that you identify ... and state how much you have added in for each risk e.g. due to the vague specification, I have priced for a Rolls-Royce solution with high quantities. Hopefully, that forces the PM to clarify what it is that is wanted, and refine the risk profile through stating assumptions.

However, Ideally those putting together the quotation and evaluating it have these discussions upfront before the Contractor goes off and does the quotation.
answered Jul 27, 2018 by Jon Broome Panel Member (60,950 points)