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What happens if the Project Manager does not assess a compensation event within the time allowed?

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What happens if the Project Manager does not assess a compensation event within the time allowed?
asked Oct 9, 2012 in Compensation Events by BuiltIntelligence (870 points)  

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If the Project Manager does not assess a compensation event within the time allowed, the Contractor may notify the Project Manager to this effect (see Clause 64.4).

answered Oct 9, 2012 by BuiltIntelligence (870 points)