What are the four possible categories of reply by the Project Manager to the Contractor’s quotation for dealing with a compensation event?

NEC3 and NEC4 Contracts Compensation Events
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What are the four possible categories of reply by the Project Manager to the Contractor’s quotation for dealing with a compensation event?

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The Project Manager’s reply is either:

	an instruction to submit a revised quotation,

	an acceptance of a quotation,

	a notification that a proposed instruction will not be given or a proposed changed decision will not be made or

	a notification that he will be making his own decision (see clause 62.3).