Expert advice in minutes not days. Register it's free and ask your first question now.
ReachBack is a free community help desk for construction professionals run by Built Intelligence. A library of high-quality questions from real users with answers delivered and curated by industry experts.

5,737 questions

6,154 answers


Register its Free

Download here

NEC ECC. Agreed Direct Fee, is it audit-able under an option E contract?

0 votes
As an option E contract requires costs to be "open book" are the the Direct fee and Subcontracted fee able to be audited?
asked Dec 21, 2018 in Main options by Stephen Braddock (230 points)  

1 Answer

0 votes
Short answer - no.

Longer answer - no it isn't.

Or even longer answer - they can look at it but cant do anything about it if they with hindsight think it was too high...

If they found it was too low, would they agree to increase it??
answered Dec 21, 2018 by Glenn Hide Panel Member (84,270 points)