Final Assessment of Contractor's Share (Option C)
Under Option C, the Project Manager makes a final assessment of the Contractor's share using the final Price for Work Done to Date and the final total of the Prices. This share is included in the final amount due.
The final share is calculated after all Defined Cost has been finalised and all CEs implemented. The assessment compares the actual final PWDD against the final total of the Prices.
The final share can differ significantly from the preliminary assessment if late CEs or cost adjustments are made. The Contractor should track the expected final share throughout the project.
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