We are operating under Option E reimbursable contract.
The works involve many unknowns and we are finding that the hours required to complete the work is increasing on a regular basis mainly due to the work being more complex than anticipated when it was estimated.
What is the correct procedure for notifying the client of these cost/schedule increases?
At the moment we are inserting additional scope into our plan every 2 weeks and submitting it to the client. Should we be doing anything else such as EWN’s and CE’s?
We are conscious that we want to avoid all disallowed costs.