Cost and commercial

Early warnings, compensation events and payments, linked to the programme and the cost.

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Commercial and NEC4

A change on site flows from the programme to the money. Nothing typed twice.

NEC4 Option C assessment showing target, Defined Cost, Fee, PWDD and the Contractor's share

What you get

Short version first. Book a demo for the long one.

NEC4 contracts

3 things
  • Options A, B, C and E

    Contract Data and the payment rules of each option.

  • Target and Defined Cost

    By the Schedule of Cost Components, with the Fee and Disallowed Cost handled.

  • Price for Work Done to Date

    The monthly assessment, with pain and gain as it builds.

Change and notices

3 things
  • Compensation events

    Split at the dividing date, with time bars tracked.

  • Early warnings

    Linked to risks and to any event that follows.

  • Notice periods

    Every notice and reply period worked out, so nothing is missed.

Payments

2 things
  • Applications to payment

    Applications, certificates, pay-less notices and payments, with dates.

  • Cost value reconciliation

    Value, cost and margin, with an over or under valuation flag.

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