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Section 6Compensation Events

Clause 63.2

CE Assessment — Method

Purpose

The assessment of a CE uses the same method as the original contract pricing. For Options A and B, rates and prices from the Activity Schedule or Bill of Quantities are used.

Practical Application

The CE assessment method is driven by the Main Option selected. The Contractor uses the same pricing basis as the original contract for consistency.

Common Pitfalls

If the Activity Schedule or BoQ rates no longer reflect the actual cost of the work (e.g., due to changed market conditions), the Contractor may still be bound by those rates.

Related Clauses

📖 This summary is for reference. For the full, authoritative NEC4 contract text — including all amendments, guidance notes, and flow charts — visit the official NEC website.

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⚠️ 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.