NEC Pricing Options: Lump Sum, Remeasurement, Target, Management or Cost Plus by Irwin Mitchell

A major factor in any procurement is the degree of price risk or the choice of pricing mechanism best to adopt for the project. NEC provides a set of Main Payment Options giving a broad range of pricing solutions as standard.

In this, webinar looking at the effective use of NEC contracts, our Construction and Engineering experts will consider the options available and the challenges around pricing documents and their preparation. Getting the right option for your project can make the difference between a successful outcome or project failure.

During this session, our team will discuss the payment Options A-F and adjustments for inflation. The team will consider who must prepare the pricing documents and the risks associated with poor pricing documents and who bears the risk.

Book your place: https://attendee.gotowebinar.com/register/2911972337255695709

Speaker Tim Willis Irwin Mitchell LLP 

Tim is an accredited NEC Project Manager and trainer for the ICE and the author of 'NEC4: Effective Preparation and Management of the Construction Programme' Emerald Publishing & ICE Publishing 2025. Tim is part of the Construction Team at Irwin Mitchell.

All welcome to this free webinar.