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NEC4 TSC Option E – Purpose of the Price List

NEC3 & NEC4 Contracts

Last Post by Nick Ives 4 months ago

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Nick Ives

(@nick-i)

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I’m currently reviewing an NEC4 Term Service Contract (TSC) using Option E (Cost Reimbursable) and I’m trying to understand the role of the price list in this context.

Since Option E reimburses actual costs (Defined Cost) rather than the amounts stated in the Price List, what is the practical purpose of having a Price List?

Posted : 21/11/2025 11:06 am

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