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Section 2— The Contractor's Main Responsibilities

Clause 26.3

Contractor Share — Adjustment

Purpose

The Contractor Share is adjusted when CEs change the target cost. The adjustment is calculated using the share percentages in the Contract Data.

Practical Application

Each CE quotation under options C and D should include the effect on the Contractor Share. The PM takes this into account when assessing the CE.

Common Pitfalls

CE assessments under target cost options must account for share adjustments. Overlooking the share impact can result in incorrect CE quotations.

Related Clauses

Clause 26.2

📖 This summary is for reference. For the full, authoritative NEC4 contract text — including all amendments, guidance notes, and flow charts — visit the official NEC website.

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⚠️ This commentary is for reference only. Always refer to the full NEC4 contract text and seek professional legal or contractual advice for your specific project.