If a Contractor has priced a sum of money for risk into the Target Price and they do not expend this, is it removed from the overall Target Price?
Also, does the Project Manager have the right to reject and sums that are taken from the Risk Allowance?
Is the above clearly stated in the Contract or Guidance Notes?
Also, does the Project Manager have the right to reject and sums that are taken from the Risk Allowance?
Is the above clearly stated in the Contract or Guidance Notes?