NEC4 · ECC Contract Data part two
fee percentage
The percentage the Contractor bids in its part of the Contract Data. Applied to Defined Cost, it gives the Fee.
On the Aldermere project
Merrow Vale's fee percentage is 11%.
Where you meet it
- Module 2: Before you sign: the Contract DataPractitioner Course
- Module 4: Defined Cost, the Fee and the Schedule of Cost ComponentsPayment and Defined Cost
- Module 9: Tender assessment and subcontractsContract Preparation