Under NEC3 PSC option C, I can see very clearly the following would change the Prices (i.e. the target):
- implemented compensation events (65.3)
- acceleration quote (34.4)
- X1 price adjustment for inflation (X1.3)
But are there other things that should also change the Prices that are not mentioned? For example, we have X6 bonus for early Completion?
Under option C the Price for Services Provided to Date (PSPD) is the Time Charge for work Completed, and the Prices are the activities on the Activity Schedule. Clause 50.3 states Consultant gets paid PSPD, and other amounts to be paid. This X6 bonus for early Completion I then assume is another amount which is then treated outside of the Target?