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Assessing subcontractor quotations for events
NEC3 and NEC4 Contracts
Compensation Events
jsmart
13 July 2026 15:56
1
(topic deleted by author)
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What 4 tests does the Project Manager apply to a compensation event notified by the Contractor in order to decide whether or not to instruct the Contractor to submit quotations for its effect?
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Of what are quotations for compensation events comprised?
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How is a compensation event handled if the Contractor has not submitted a quotation and details of his assessment within the time allowed?
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How is a compensation event handled if the Project Manager decides that the Contractor has not assessed the compensation event correctly in a quotation and he does not instruct the Contractor to submit a revised quotation?
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