In accordance with Clause 62.3 of the option A subcontract we have with a Subcontractor, the Subcontractor submits a quotation within 2 weeks of being instructed to do so by the Contractor and the Contractor replies within 4 weeks.
If the Subcontractor uses his full 2 weeks to submit the quotation i.e. he submits the quotation on the last working day of the second week of the 2 week period from the date of the instruction, is the Subcontractor in his quotation entitled to ignore the known impact of the compensation event in terms of resources used within this 2 weeks and include for forecast resources which are potentially higher?
If the Contractor uses his full 4 weeks to reply i.e. replies in the last day of week 4 Is the Contractor in his assessment (given that at this stage the impact of the compensation event in terms of resources used is known) entitled to remove the forecast allowance for the 4 weeks period (and also the Subcontractors 2 weeks forecast allowance) and replace it with the actual resources used.