Assessing Defined Cost under NEC 4 Options C, D and E
Overview
This CPD session discusses under options C, D and E, the assessment and payment of Defined Cost is fertile area for disputes in NEC Contract
This session will include:
- Determining the normal place of working for people employed by the Contractor
- Assessing how time is allocated for working within the Working Area and what records are required (turnstile records, timesheets etc)
- How is the weekly cost of directly employed people calculated and presented and dealing with sensitive information
- Dealing with bonus and incentive payments and when do such payments qualify
- Are rest days for shift work payable under Defined Cost
- Distinguishing between people not employed by the Contractor but paid according to time working in Working Areas and Subsubcontractors (labour only)
- Assessing costs of Equipment, including Equipment owned by the Contractor or its sister or parent company
- How should Subcontract payments be assessed and what level of detail should be provided
- What should typically be allowed for in the Contractor’s fee percentage
Good to know
Highlights
- 2 hours 15 minutes
- In-person
Refund Policy
Refunds up to 7 days before the event
Location
Durham County Cricket Club
Castle View Suite
Banks Homes Riverside Chester-Le-Street DH3 3QR
How do you want to get there?
Agenda
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Registration
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Presentation / Q&A
Frequently asked questions
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