Firstly, any assessment of time is made based on the affect on the planned Completion date (Contractor's forecast finish date) rather than the Completion Date (contract stated date). If the planned Completion date is before the Completion Date then the period of time between the two, known as 'terminal float', 'belongs' to the Contractor.
This above 'ownership' principle means that if some of the 'terminal float' time is 'used' by a compensation event, then the Contractor should be put back into their previous position when making a quotation assessment. In practice this would mean extending the Completion Date by the same period of time that the planned Completion date is extended (except where accounting for a Bank Holiday, or possibly Christmas break etc, another subject !!)
For there to be a two week delay to planned Completion, this assumes that the activity in question was on the critical path (or has now moved onto it) and that the overall effect can be clearly demonstrated.. For which programme to use, see Glenn Hide's excellent article, referenced elsewhere on this site. You take the last Accepted Programme and update it to when the compensation event occurred. In doing so you remove the 'contaminating' effects of any other issues and isolate the effect of the compensation event.
The two week period of disruption and any consequential prolongation is assessed in the ONE compensation event as a single issue, not as TWO compensation events. The affect from the point in time where the event occurred all the way through the contract are assessed and included in a quotation, unless the Project Manager makes an assumption, whereby that may lead to a further compensation event.
I hope this helps.
This above 'ownership' principle means that if some of the 'terminal float' time is 'used' by a compensation event, then the Contractor should be put back into their previous position when making a quotation assessment. In practice this would mean extending the Completion Date by the same period of time that the planned Completion date is extended (except where accounting for a Bank Holiday, or possibly Christmas break etc, another subject !!)
For there to be a two week delay to planned Completion, this assumes that the activity in question was on the critical path (or has now moved onto it) and that the overall effect can be clearly demonstrated.. For which programme to use, see Glenn Hide's excellent article, referenced elsewhere on this site. You take the last Accepted Programme and update it to when the compensation event occurred. In doing so you remove the 'contaminating' effects of any other issues and isolate the effect of the compensation event.
The two week period of disruption and any consequential prolongation is assessed in the ONE compensation event as a single issue, not as TWO compensation events. The affect from the point in time where the event occurred all the way through the contract are assessed and included in a quotation, unless the Project Manager makes an assumption, whereby that may lead to a further compensation event.
I hope this helps.