NEC ECC: Failure to reply to query on compensation event quotation, by the Contractor

The Contractor has failed to reply to a query on their quotation submitted, what is the recourse for the Employer? Is the Employer obligated to remind the Contractor of their failure, allowing the Contractor a further 2 weeks to reply or does the Project Manager make their own assessment?

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No need to remind the Contractor they have not responded to a query on a quotation. If they do not agree with a quotation, they can reject the quote as more information is needed, and either wait for the revised quote (which might just be back up to verify the original quote) or state that you will assess it yourself as Project Manager.