NEC4 · ECC 93

amount due on termination

The sum assessed after a termination. It covers normal payment items, Plant and Materials, other cost reasonably incurred and retention, less any advance and plus the Termination Table items.

Lessons that teach this

• Advance paymentAdvance paymentNEC4 vs FIDIC 2017 · Module 9 · 5 min Members

Where you meet it

• Module 9: Subcontracting and securityNEC4 vs FIDIC 2017