NEC PSC: Should a forecast of expenses be included within the tendered Prices under option A?

Under option A, a Consultant gets paid expenses incurred at the rates identified within contract data. However, should they have included a forecast of likely expenses within their tendered Price, or do they sit outside of that amount?

The Prices does not include any expenses as the Price for Services Provided to Date is the total of the Prices for completed activities. Expenses sits outside of PSPD as a separate part of the amount due under clause 50.3.

Whether an estimated amount of expenses is provided at tender stage will probably depend on what was required to be provided with a submitted bid. Regardless of this, however, the Consultant is obliged to submit a forecast of the total expenses, at the interval stated in the Contract Data,