Easy money
Hemsley, Andrew
Easy money - 2005 - Building 270(8410) 9 December 2005, 45(1) .
Argues that loopholes as to the costs recoverable by contractors in the NEC's target contract with activity schedule have not been addressed in NEC3. Illustrates how a lack of clarity in target contracts can mean that it is better for a contractor to focus on recovering additional costs from the employer rather than reducing costs with a view to sharing in any savings made. Also highlights ambiguities in the Schedule of Cost Components (SCC) in the NEC.
NEW ENGINEERING CONTRACT (THIRD EDITION)
Easy money - 2005 - Building 270(8410) 9 December 2005, 45(1) .
Argues that loopholes as to the costs recoverable by contractors in the NEC's target contract with activity schedule have not been addressed in NEC3. Illustrates how a lack of clarity in target contracts can mean that it is better for a contractor to focus on recovering additional costs from the employer rather than reducing costs with a view to sharing in any savings made. Also highlights ambiguities in the Schedule of Cost Components (SCC) in the NEC.
NEW ENGINEERING CONTRACT (THIRD EDITION)