Main Option Clauses 49 --nec•3
Provlding the Works 20
20.3 The Contracto, advises the Project Manager on the practica! implications of
the design of the works and on subcontracting arrangements.
20.4 The Contracto, prepares forecasts of the total Defined Cost for the whole of
the works in consultation with the Project Manager and submits them to the
Project Manager. Forecasts are prepared at the intervals stated in the
anee Contract Data from the starting date until Completion of the whole of the
1d for works. An explanation of the changes made since the previous forecast is
submitted with each forecast.
Subcontracting 26
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26.4 The Contracto, submits the proposed contract data for each subcontract for
acceptance to the Project Manager if
1g to • an NEC contract is proposed and
• the Project Manager instructs the Contracto, to make the submission.
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A reason for not accepting the proposed contract data is that its use will not o ro;:J
a llow the Contracto, to Provide the Works. o
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Acceleration 36
36.3 When the Project Manager accepts a quotation for an acceleration, he
changes the Prices, the Completion Date and the Key Dates accordingly and
other accepts the revised programme.
Tests and inspections 40
40.7 When the Pro)ect Manager assesses the cost incurred by the Emp/oyer in
repeating a test or inspection after a Defect is found, the Project Manager
does not include the Contractor's cost of carrying out the repeat test or
lance inspection. � 3l
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Assessing the amount due 50 C t.l
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50.6 Payments of Defined Cost made by the Contracto, in a currency other than the ºo ee
currency of this contract are included in the amount due as payments to be (/) ....
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made to him in the same currency. Such payments are converted to the e
currency of this contract in arder to calculate the Fee and any Contractor's
share using the exchange rates. ....
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Defined Cost 52 tí §
con 52.2 The Contracto, keeps these records 8 e
tion, E
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,g for • accounts of payments of Defined Cost, (;
lnfor- • proof that the payments have been made,
• communications about and assessments of compensation events for
nable Subcontractors and
d.reas • other records as stated in the Works lnformation. ro «
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52.3 The Contracto, allows the Project Manager to inspect at any time within § "C
,f the working hours the accounts and records which he is required to keep.
h the The Contractor's share 53
? next 53.5 The Project Manager assesses the Contractor's share of the difference
between the Total of the Prices and the Price for Work Done to Date. The
)lying difference is divided into increments falllng within each of the share ranges.
The limits of a share range are the Price for Work Done to Date divided by the
Total of the Prices, expressed as a percentage. The Contractor's share equals
the sum of the products of the increment within each share range and the
each corresponding Contractor's share percentage.
53.6 lf the Price for Work Done to Date is less than the Total of the Prices, the
work
Contractor Is paid his share of the saving. lf the Price for Work Done to Date is
greater than the Total of the Prices, the Contracto, pays his share of the
)r be excess.
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