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NEC ECC: Specified material now on long lead time - is this a CE?

+1 vote
Just started on site on option A contract, client has specified a material that now has a long lead time due to manufacturers being bought out. Is this a compensation event? Lead time at tender was 2 weeks, lead time now is 10 weeks.
asked Mar 9 in Payment by anonymous (2,400 points)  

1 Answer

+1 vote
The only one it could possibly fall under is clause 60.1 (19) and this assumes that, as well as satisfying the last 3 bullets, it stops you achieving the Completion Date. I.e. the delay is so significant that it uses up all your terminal float and time risk allowance.

Good luck !!!
answered Mar 10 by Jon Broome (53,290 points)