Options C, D and E under NEC4 ECS

Following on from the last course on main options A and B, we now turn to look at main options C, D and E.  

Main options C and D are the target cost options for the ECS form.  They are split by the method of pricing.  Option C uses an activity schedule (akin to option A) and option D uses a bill of quantities (akin to option B).

Option E is a full cost reimbursable contract where the Subcontractor is paid based on actual cost plus a fee.

There are a number of similarities across these options and each option has its own subsection of the module.  To give a complete picture of each option and to allow for ease of reference should you need it in the future, some elements may be repeated in the different subsections.  

After completing this course, you should:

1. Understand the types of contract represented by options C, D and E
2. Be able to explain the method of pricing each option
3. Know how the pain/gain mechanism of options C and D works
4. Understand what records must be kept and the right of the Contractor to access these