ECC Option E: Cost Reimbursable
R 1,625.00
Sale price
R 1,625.00
Regular price
NEC ECC Option E: Cost Reimbursable Contract
An NEC ECC main option where the Contractor is reimbursed for all defined costs plus a fee. Ideal for projects where the scope cannot be fully defined at the outset, placing cost risk with the Client while maintaining flexibility for complex or innovative works.
Key Features
- Contractor reimbursed for all defined costs plus a fee
- Client carries the cost risk
- Maximum flexibility for undefined or complex scope
- Suitable for emergency works, research, or highly innovative projects