Step 1: Compensation Events

Clause 43.1 of the Conditions of Contract sets what are referred to as “Compensation Events”. As per Cl 43.2, if a Compensation Event occurs and would cause additional cost or would prevent the work being completed before the Intended Completion Date, the Contractor is to be compensated and the time to complete extended, as per the Project Manager’s determination., but based on the Contractor’s submission, for detail refer▬►PPMO: SBD for Bridge, GCC Clouse 43.1 & 2: Compensation Events.