In response to your last three points;
If the remaining work has altered due to the compensation event then the Subcontractor is required to provide details of the alterations to the Accepted Programme. This may not actually be a revised programme but certainly sufficient information to show how the Accepted Programme is changed.
Whether the hire Equipment would have been on Site anyway could be determined by the Accepted Programme and whether it is required for other programme operations. It looks like they have assessed it as requiring the Equipment for longer (using free float time).
If there is 3 days more work then presumably you will require 3 days additional labour to support this.
The compensation event assessment is essentially based upon the principle of;
- how much it will cost to complete the work (including the compensation event)
less
- how much it will cost to complete the work (not including the compensation event).
I also assume that other issues such as disruption and allocation of risks are not affected..
If the remaining work has altered due to the compensation event then the Subcontractor is required to provide details of the alterations to the Accepted Programme. This may not actually be a revised programme but certainly sufficient information to show how the Accepted Programme is changed.
Whether the hire Equipment would have been on Site anyway could be determined by the Accepted Programme and whether it is required for other programme operations. It looks like they have assessed it as requiring the Equipment for longer (using free float time).
If there is 3 days more work then presumably you will require 3 days additional labour to support this.
The compensation event assessment is essentially based upon the principle of;
- how much it will cost to complete the work (including the compensation event)
less
- how much it will cost to complete the work (not including the compensation event).
I also assume that other issues such as disruption and allocation of risks are not affected..