ECC section 63 – Assessing Compensation Events
The Contractor has to submit their quotation within three weeks of the quotation request. It is important that they present the quotation in a format that is going to be understood and as convincing/justified as possible. It should include risk which has a significant chance of occurring and is the Contractor’s risk under the contract […]
ECC section 61 – Notifying Compensation Events
It is not uncommon for people to take a literal meaning of clause 32.1, that a revised programme should show implemented compensation events. Their response has been that therefore that you do not show non-implemented compensation events. Is this actually the case?
ECC Clause 60.1 – Compensation Events
Whilst early warnings are matters that could affect time cost or quality, if something has affected or will affect time, cost or quality and is something that the Contractor should not have allowed for at tender stage, then it should be assessed by both Parties as a compensation event. This will require consideration of any […]