NEC compensation events and early warnings
We take off your hands: spotting possible compensation events, watching the eight-week time bar, keeping early warnings current and checking defined cost.
You get: a list of possible compensation events with their notice deadlines, draft early warnings and checked quotations, for your commercial managers.
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The problem
We miss NEC time bars, and on target cost jobs we can't prove our defined cost at audit.
What is in this package
- Find possible NEC compensation events and track the eight-week notification time bar
- Check priced variation and compensation event quotes before they go out
- Draft NEC early warnings and keep the early warning register current
- NEC early warning to compensation event outturnWhole process
- Produce the monthly commercial report the client's contract asks for
- Check NEC defined cost against the disallowed cost rules before audit
- Produce the monthly open-book cost report on cost-plus and two-stage contracts
8 more parts, which a call confirms.
We price a whole package as one build (our rule). A call confirms it.
What it needs to work
- Consistent daily records
- Contract data
- Defined cost records
If those aren’t in place yet, you’ll hear that before anything gets built.
Who it’s for
- Main contractors
- Specialist subcontractors
What would this cost for your team?
Answer questions about your company and how this work runs today. You see an indicative estimate of the hours back, what that time is worth and the price when you send your details.
Get a price for thisOr check first: Are we ready for AI?