User Avatar

NEC Option A: Priced Contract with Activity Schedule

This course provides a clear and concise overview of NEC Option A, a priced lump sum contract underpinned by an activity schedule. It covers key aspects such as payment processes, the importance of the accepted programme, management of variations through Compensation Events, and the balance of risks and responsibilities between clients and contractors, highlighting the pros and cons for each party.

20 minutes
1 video
1 transcript
key points
1 quiz

What you will work through

1 of 4
WatchVideoThe core idea explained, step by step.
2 of 4
ReadTranscriptThe full transcript, to go back over the detail.
3 of 4
Take inKey pointsThe key points, ready for revision.
4 of 4
Quiz1 quizPass to earn your CPD certificate.

This course provides a clear and concise overview of NEC Option A, a priced lump sum contract underpinned by an activity schedule. It covers key aspects such as payment processes, the importance of the accepted programme, management of variations through Compensation Events, and the balance of risks and responsibilities between clients and contractors, highlighting the pros and cons for each party.

 

What Does This Course Entail?

One Video

One Detailed Transcription

Key Points

One Quiz

 

How Long Will This Course Take?

20 minutes