- Project plans
- Project activities
- Legislation and standards
- Industry context
Last edited 23 Aug 2018
It provides for the appointment of a consultant for an agreed period of time based on a priced task schedule and staff rates for different grades of staff. Prices on the task schedule are either a lump sum for that item, or may be carried out on a time basis. The consultant bears the risk of being able to perform the tasks at the agreed prices.
If the client wants the consultant to carry out services that are not on the task schedule, they are notified as compensation events (similar to relevant events on other forms of contract). This will result additional payment being made, priced using the compensation event assessment procedure.
 Find out more
 Related articles on Designing Buildings Wiki
- Compensation event.
- NEC Option A: Priced contract with activity schedule.
- NEC Option B: Priced contract with bill of quantities.
- NEC Option C: Target contract with activity schedule.
- NEC Option D: Target contract with bill of quantities.
- NEC Option E: Cost reimbursable contract.
- Procurement route.
- Relevant event.
Featured articles and news
Bamboo pavilion built at London South Bank Uni.
Bringing in an expert.
Why the lowest price isn't sustainable.
The Most Economically Advantageous Tender.
Pipe dream or possibility?
The New Rules of Measurement.
Prioritising Sustainable Development Goals on projects.
The Architects Registration Board.
How BSRIA monitored the performance of new homes.