Have you got any words ready off the shelf to clarify NEC 3 TSC Option C defined cost?
Here’s is some suggested words that you could adapt to your circumstances/requirements.
[b]Add new Z Clauses in Contract Data Part 1[/b] [Clause #.# The Parties agree that the clarifications to Defined Cost stated in the Contract Data Part 1 are hereby applied to the [contract/agreement].] Insert the additional text below in Contract Data Part 1 as appropriate [b]If Option A, C or E is used[/b] [b]Clarifications to Defined Cost[/b] • The following items are included in Defined Cost: [insert clarification, you could you use the Schedule of Costs Components to clarify key cost heading as being included or exclude from Defined Cost] • The following items/costs are expressly excluded from Defined Cost and including in the fee percentage: [insert clarification]
I have done a full Schedule of Cost Components (as per the Engineering & Construction Contract) but modified it for the TSC. Contact me direct if you want to discuss.