ProQS CE Quotation Tool
A free tool for preparing and reviewing compensation event quotations on NEC4 ECC Option C contracts, with cost build-ups, programme impact, risk, Fee and Excel and PDF export.
Preparing a compensation event quotation under an NEC4® contract takes more than a spreadsheet. You need a clear build-up of Defined Cost, a defensible time assessment and an audit trail that stands up to review. This free tool brings all of that into one place.
It is built for NEC4 ECC Option C target contracts. Contractor QSs can prepare and submit quotations. Project Managers and client QSs can review them, record their own assessment and compare the two side by side.
NEC and NEC4 are trademarks or registered trademarks of Thomas Telford Ltd. ProQS is not associated with, sponsored or endorsed by Thomas Telford Ltd.
What the ProQS CE Quotation Tool covers
- Cost build-ups for People, Plant and Machinery, Equipment, Materials, Subcontractors, Preliminaries and other cost components, classified against the Schedule of Cost Components
- Actual Defined Cost for work done by the dividing date and forecast Defined Cost for work not yet done
- An itemised risk register that prices only Contractor risks with a significant chance of occurring
- A Fee calculation applied once to the change in Defined Cost
- Delay to the Completion Date and Key Dates, assessed from the Accepted Programme, with a Gantt chart
- A review assistant that flags missing build-ups, possible double counting, unsupported risk allowances and durations that do not match the programme
- Project Manager assessment, locked submission versions and a full audit trail
- Export to an editable Excel workbook with live formulas, and to four styles of PDF report
Your data stays in your own browser. Nothing is sent to ProQS or stored on our servers. Export a project file to back up your work or share it with a colleague.
The ProQS CE Quotation Tool opens with a worked example on a fictional project, so you can see how each step works before you start your own.
Disclaimer
This tool supports professional judgement. It does not replace it. Calculations follow configurable rules and default clause references, which you should check against your licensed NEC4 contract and any amendments or Z clauses. The tool does not decide entitlement or make contractual decisions. Every quotation and assessment should be reviewed by a suitably qualified professional before it is submitted or relied on. ProQS accepts no liability for decisions made using the tool or its outputs.
NEC and NEC4 are trademarks or registered trademarks of Thomas Telford Ltd. ProQS is not associated with, sponsored or endorsed by Thomas Telford Ltd.