What are the NEC contract options?

In the NEC ECC the main options are:

Option A: Priced contract with activity schedule.
Option B: Priced contract with bill of quantities.
Option C: Target contract with activity schedule.
Option D: Target contract with bill of quantities.
Option E: Cost reimbursable contract.
Option F: Management contract.

What is NEC 4 option B?

Option B is a priced contract with a bill of quantities where the risk of carrying out the work at the agreed prices being is borne by the contractor. This document contains all the core and secondary option clauses, the shorter schedule of cost components, and contract data, relevant to an option B contract.

What is NEC option E?

Option E is a cost reimbursable contract in which the contractor is reimbursed the actual costs they incur in carrying out the works, plus an additional fee. The financial risk involved is largely taken by the client.

What is NEC option B?

What is NEC Option G?

An Option G, under the NEC3 Professional Services Contract provides an overarching arrangement that allows clients to: Retain complete control: there is no obligation on clients to draw down any services, at any time, or to the full specification/amount stated in the Task Schedule.

What is NEC option C?

It is a suite of construction contracts intended to promote partnering and collaboration between the contractor and client. …

What is NEC option G?

What is NEC Option C?

What is NEC Option F?

Option F is a cost reimbursable management contract where the financial risk is taken largely by the client. This document contains all the core clauses and secondary option clauses the schedules of cost components, and contract data, relevant to an option F contract.