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What happens when a Contractor’s quotation is treated as having been accepted by the Project Manager (i.e. when the Project Manager has not replied to the Contractor’s quotation)?

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What happens when a Contractor’s quotation is treated as having been accepted by the Project Manager (i.e. when the Project Manager has not replied to the Contractor’s quotation)?

asked Oct 9, 2012 in Compensation Events by BuiltIntelligence (870 points)  

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A compensation event is implemented when a Contractor’s quotation is treated as having been accepted by the Project Manager (see Clause 65.1).

answered Oct 9, 2012 by BuiltIntelligence (870 points)