NEC4 · ECC Option C 54.1
total of the Prices
The sum of all the Prices. Under Option C it is the target and moves as compensation events are implemented. Option D has its own defined Total of the Prices.
On the Aldermere project
The total of the Prices moved from GBP 8,400,000 at the Contract Date to GBP 8,912,000 at the end.
Also written as
- tendered total of the Prices
Where you meet it
- Module 12: Target contracts: Options C and DPractitioner Course
- Module 9: Inflation and the target: Option X1Payment and Defined Cost
- Module 10: Disallowed Cost, ground by groundPayment and Defined Cost
- Module 12: The Contractor's share and the final accountPayment and Defined Cost