We are using an NEC4 Option A contract and the contractor has submitted a compensation for works carried out by a sub-contractor but has failed to apply the percentage for adjustment for equipment as per the Model Compensation Event submitted in Contract Data Part 2. Is this correct or should it be added?
1 Like
Is this for Equipment in the published list (for example, the CECA list) or is it for other Equipment?
If its in the published list, apply the adjustment. If not, don’t.
Andy
Thanks for the response. The CECA list is included in the Contract Data part 2 so the adjustment will be applied.
Derek
Hi I presume you mean a quotation and that it contains subcontractor cost. If the work was/is subcontracted then the Contractor is correct to include the subcontract cost as Defined Cost in accordance with the Shorter Schedule of Cost Components