The Project Manager issued a Compensation Event (assume ref. CE2) amending a change to the Works Information issued as a previous Compensation Event (assume ref. CE1) and reducing the scope of works. Following the issue of CE1 and prior to the issue of CE2, the Contractor issued an Early Warning as required and a separate Communication detailing a Contractors Proposal. The Project Manager subsequently used the information provided within the Contractors Proposal to Change the Works Information in the form of CE2. The Project Manager has not responded directly to the Contractors Proposal to either accept or reject it.
Does bullet point one of Clause 63.11 apply to prevent the Prices being reduced? What constitutes acceptance of the change to the Works Information which the Contractor proposed?