NEC4 · ECC Option C 54.3
preliminary share
The Contractor's share assessed at Completion from forecast final figures. The final assessment of the share replaces it (54.4).
Also written as
- preliminary assessment
- preliminary assessment of the Contractor's share
Where you meet it
- Module 3: What comes off: retention and the other secondary OptionsPayment and Defined Cost
- Module 12: The Contractor's share and the final accountPayment and Defined Cost
- Module 10: Payment, Defined Cost and the shareCase Law