The scenario – Adding in an ATM Machine into a brick wall and therefore the bricks are to be omitted from the Contractors Scope.
NEC 4 Clause 63.4 bullet point one how I read it is that a Compensation Event which is a change to the scope instructed by the client omitting works then the Prices are NOT reduced, the only way the prices can be reduced are by the Contractor proposing a VE option (63.12) that is then accepted by the client and the relevant VE % is applied.
Is this correct or am I reading this wrong?
NEC 4 Clause 63.4 bullet point one how I read it is that a Compensation Event which is a change to the scope instructed by the client omitting works then the Prices are NOT reduced, the only way the prices can be reduced are by the Contractor proposing a VE option (63.12) that is then accepted by the client and the relevant VE % is applied.
Is this correct or am I reading this wrong?