Quantcast
Channel: ReachBack by BuiltIntelligence - Recent questions and answers in NEC3 and NEC4 Contracts
Viewing all articles
Browse latest Browse all 3204

Answered: NEC ECC: Can a Project Manager reassess a compensation event

$
0
0
No, clause 65.2 is clear that once implemented a CE quotation is not revised, the only exception being where a PM assumption used in the quotation has proven to be incorrect in which case a new CE is raised for the correction so, technically, the quotation is not actually revised.

Whilst it may seem unfair, doing so would mean that all quotations could be opened up because inevitably the quotation will not match the actual Defined Cost + Fee. This would undermine the whole intention of the change process.

Viewing all articles
Browse latest Browse all 3204

Trending Articles