I am the Contractor on an NEC ECC option E contract.
1: Does a change in the forecast from the previous forecast require a CE to do so? or;
do you only include additional cost incurred in the latest forecast?
2: If a CE is not required, what is the intention of a CE in an option E? To only change, key, sectional and completion dates?
3: With the purpose of the forecast to identify the potential Defined Cost and the Defined Cost being the total of the Prices, what drives the change in the total of the Prices when changes occurs during the coarse of the project if all you have to do is update the forecast as per the contract data. (Different way of asking 1 and 2)