Are the Prices reduced if the effect of a compensation event is to reduce the total Defined Cost?
The Prices are reduced if the effect of a compensation event is to reduce the total Defined Cost if the event:
is a change to the Works Information, other than a change to the Works Information provided by the Employer which the Contractor proposed and the Project Manager has accepted or
a correction of an assumption made by the Project Manager for assessing an earlier compensation event (see Clause 63.11).