Within Contract Data Part 1 is a list of multiple Key Dates, with a list of Criteria required to meet the appropriate milestone.
One of these (Key Date criteria) is no longer required by the Employer. What is the correct contractual mechanism for this example?
My thoughts are for the Project Manager to issue a PMI highlighting the requirement is no longer needed, and issue a negative Compensation Event accordingly for this change. Otherwise, the Contractor could be exposed to risk at a later date should the Employer change their minds… even if they have informally (email) stated their position.