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NEC4 Option B: Priced Contract with Bill of Quantities

This course provides a clear and concise overview of NEC Option B, a priced contract underpinned by a bill of quantities, where payment is based on re-measurement of actual work done, with key focus on payment processes, the accepted programme, management of variations (including Clause 60.4), 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 B, a priced contract underpinned by a bill of quantities, where payment is based on re-measurement of actual work done, with key focus on payment processes, the accepted programme, management of variations (including Clause 60.4), 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