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Section 6— Compensation Events

Clause 66.2

Effect of Implementing CE

Purpose

When a compensation event is implemented, the Prices, the Completion Date and the Key Dates are changed accordingly. Implementation gives effect to the assessed changes.

Practical Application

Implementation formalises the CE. The Prices adjust by the assessed amount, the Completion Date extends (or reduces) by the assessed delay, and any affected Key Dates change.

Common Pitfalls

Changes take effect from the date of implementation notification, not from the date the event occurred. Multiple CEs may cumulatively affect the Completion Date and require careful tracking.

Related Clauses

Clause 65.1Clause 66.3

📖 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.