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How long does the Contractor have to notify the Project Manager of a compensation event?

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How long does the Contractor have to notify the Project Manager of a compensation event?
asked Oct 9, 2012 in Compensation Events by BuiltIntelligence (840 points)  

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The Contractor has to notify the Project Manager within 8 weeks of becoming aware of a compensation event. If he fails to do this, he is not entitled to a change in the Prices, the Completion Date, or a Key Date unless the Project Manager should have notified the Contractor of the event but did not (see Clause 61.3).

 

answered Oct 9, 2012 by BuiltIntelligence (840 points)