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Vol 21 No 9 Sept/Oct 2016

Book of the Month

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Goode on Commercial Law

Edited by: Ewan McKendrick
Price: £170.00

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NEC3 Engineering and Construction Contract Option B: Priced Contract with Bill of Quantities

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ISBN13: 9780727733610
ISBN: 0727733613
Published: June 2005
Publisher: Thomas Telford Ltd
Country of Publication: UK
Format: Paperback
Price: Out of print

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.

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Construction Law
Schedule of options
Core clauses
1. General
2. The Contractor’s main responsibilities
3. Time
4. Testing and Defects;
5. Payment
6. Compensation events
7. Title
8. Risks and insurance
9. Termination
Dispute resolution W
Option W1
Option W2