How is a compensation event handled if the Project Manager decides that the Contractor has not assessed the compensation event correctly in a quotation and he does not instruct the Contractor to submit a revised quotation?

How is a compensation event handled if the Project Manager decides that the Contractor has not assessed the compensation event correctly in a quotation and he does not instruct the Contractor to submit a revised quotation?

The Project Manager will assess the compensation event (see Clause 64.1).