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Section 5Payment

Clause 54.6

Contractor's Share — Saving or Excess (Option D)

Purpose

Under Option D, if the Price for Work Done to Date is less than the Total of the Prices, the Contractor is paid its share of the saving. If the Price for Work Done to Date is greater than the Total of the Prices, the Contractor pays its share of the excess.

Practical Application

Same mechanism as Option C but based on the Bill of Quantities target. The Contractor's Share adjusts the final account to reflect cost efficiency relative to the target.

Common Pitfalls

Under Option D, the Bill of Quantities re-measurement can affect the target. Changes in quantities that are not CEs still affect the final total of the Prices and therefore the share calculation.

Related Clauses

📖 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.