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Section 6— Compensation Events

Clause 62.2

Quotation Content

Purpose

The quotation includes proposed changes to Prices, Completion Date, and Key Dates.

Practical Application

Quantify both the time delay and associated cost. Reference the Accepted Programme for delay assessment.

Common Pitfalls

Do not forget to include fee and overhead. Ensure the quotation covers all direct and indirect costs.

Related Clauses

Clause 62.1Clause 63.3

⚠️ This commentary is for reference only. Always refer to the full NEC4 contract text and seek professional legal or contractual advice for your specific project.