NEC4 · ECC Option C 54.1 (Option D 54.5)
Contractor's share
Under Options C and D, the Contractor's part of any saving or overrun against the target. It is assessed at Completion and again in the final assessment.
On the Aldermere project
The final saving of GBP 272,000 fell in the 90% to 110% range, so Merrow Vale's share was GBP 136,000.
Also written as
- pain and gain
- gain share
Where you meet it
- Module 3: How Option C pays youPractitioner Course
- Module 12: Target contracts: Options C and DPractitioner Course
- Module 14: The final assessment and closing outPractitioner Course
- Module 12: The Contractor's share and the final accountPayment and Defined Cost
- Module 10: Payment, Defined Cost and the shareCase Law
- Module 7: Valuing changeNEC4 vs FIDIC 2017
- Module 10: The tenderer's viewContract Preparation
- Module 4: The exclusions and the Contractor's designValid compensation events