NEC4 · ECC Option C
Option C
The target Option with an activity schedule. Payment is Defined Cost plus the Fee, and the Contractor shares any saving or overrun against the total of the Prices.
On the Aldermere project
Aldermere uses Option C. The final saving of GBP 272,000 gave Merrow Vale a share of GBP 136,000.
Where you meet it
- Module 12: Target contracts: Options C and DPractitioner Course
- Module 3: The main Options: how the Contractor is paidContract Preparation