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Topic starter
No, if something is already an issue, then it can be notified as a compensation event. An early warning is something that might or could impact in some way, and there is the chance to do something about it. A compensation event is something that is already known to be an issue or will be an issue and is not the Contractor’s risk under the contract. For a matter that has already been notified as a compensation event, an early warning is not required.
Posted : 01/12/2025 10:04 am