The Contractor has submitted quotations for compensation events as instructed under clause 62.1. The Project Manager did not discuss ways in dealing with the event with the Contractor prior to instructing him to submit quotations.
Following submission of quotations the PM has decided to carry out his own assessment of the event in accordance with 64.1 bullet point 2 (the Contractor has not assessed the event correctly).
The Contractor’s understanding is that bullet point 2 of 64.1 is limited to instances where the Contractor has failed to price the event correctly in accordance with the Contract and not that the assessment of the event in terms of rates, duration’s and prices differs from what the Project Manager wishes to agree in respect of the value of the event?
Is the Project Manager entitled to carry out his own assessment if he does not like the value of the event for which the Contractor has assessed?