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Section 5— Payment

Clause 54.8

Final Assessment of Contractor's Share (Option D)

Purpose

Under Option D, 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.

Practical Application

The final share calculation under Option D mirrors Option C but uses the Bill of Quantities target. The assessment is made after all work is complete and all CEs are implemented.

Common Pitfalls

Final quantity re-measurement can change the target total, affecting the share calculation. The Contractor should track remeasured quantities throughout the project.

Related Clauses

Clause 54.6Clause 54.7

📖 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.