QS APC Forum by HKIS Young Surveyors Group
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K C Tang
NSC's claim for additional payment
Thu Dec 15, 2011 2:33pm
59.152.251.234

The Contractor would incur expenses and risks in managing the NSCs and should also be allowed a profit for doing so. The Contractor is allowed to price for these by means of two items, one for attendance as a lump sum item, the other as profit based on a fixed percentage of the sub-contract value.

If the Sub-Contract Sum is increased, the Contractor's profit would be increased. However, if the Sub-Contract Sum is decreased, the Contractor's profit would also be decreased.

So, it is largely a method of pricing at the discretion of the Contractor.

K C Tang

  • NSC's claim for additional paymentQS newbie, Mon Dec 5 2:24pm
    Pursuant to clause 27.4(3) of SFC 2005 (With Qty), "the amount ascertained to the claim for additional payment for direct loss and/or expense incurred by the NSC shall be added to the sub-contract... more
    • NSC's claim for additional payment — K C Tang, Thu Dec 15 2:33pm
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QS APC Forum by HKIS Young Surveyors Group