Summary

We have received a number of requests to clarify the position regarding use of this product and VAT.

The default position for the majority of Contracts which are supported by NBS Contract Administrator is that all rates and prices should be exclusive of VAT.

Accordingly, Financial Certificates in NBS Contract Administrator do not have provision for including or assessing VAT. The intention is that the Contractor should submit an invoice after receipt of an Interim/ Progress Payment/ Final Certificate, showing the correct amount of VAT due.

The exception is the JCT 1998 Contracts, but only where the Supplemental Conditions on VAT have been recorded as applying in the Contract Documents and the appropriate written statement has been received from the Contractor. In this situation the percentage shown in the Job Details page may need adjustment.