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We unpack how to notify NEC4 compensation events properly, when the PM or contractor must act, and how to use project manager assumptions to price uncertainty without padding. Clear steps, examples, and pitfalls help you move from awareness to implementation without losing entitlement.
• defining compensation events and where to find them in NEC4
• why time and cost are assessed together prospectively
• who notifies what: PM‑notified vs contractor‑notified events
• the eight‑week time bar and the 61.4 decision gate
• early warnings versus compensation event notifications
• instructing quotations, proposed instructions, and alt quotes
• project manager assumptions: obligation, range setting, corrections
• using Defined Cost plus Fee versus Prices by agreement
• practical checklist before instructing quotations
• what good looks like in notices, records, and timings
• common pitfalls and how to avoid them
• Q&A on X2, deemed acceptance, access, and adjudication
Join us next time, first Monday in November at 4:30 pm, when we explore how compensation events affect time under clause 63.5
View the webinar: https://www.gatherinsights.com/en/webinars
Join the LinkedIn Group: https://www.linkedin.com/groups/2893228/
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We dig into the purpose and practice of NEC early warnings and show how to turn them from admin into a real project tool. Clear notifications, a live register, the right people in the room, and meetings that produce actions, not arguments.
• why early warnings are a positive project tool
• what to notify and when under Clause 15
• separating early warnings from compensation events
• maintaining a useful early warning register
• running frequent, focused early warning meetings
• using digital systems without letting them dictate process
• sanctions for late or missing notifications and how to avoid them
• common pitfalls like flooding, duplicates and blame
• smarter KPIs that reward mitigation and learning
• how TQs/RFIs sit alongside early warnings
Join us next time: “Notifying Compensation Events” — Monday 6 October, same time
View the webinar: https://www.gatherinsights.com/en/webinars
Join the LinkedIn Group: https://www.linkedin.com/groups/2893228/
From the publisher's feed
Hosted by Ben and Glenn, The NEC4 Brief is a monthly podcast that unpacks the ins and outs of the NEC4 contract, one clause, one issue, one real world example at a time.
Each episode…
It’s straight talking, experience led insight from two practitioners who’ve seen how NEC4 plays out in the real world: the good, the bad and the “that’s not what the contract says.