This course explains the compensation event definitions in core clause 60.1. In order to gain the most from this course, we strongly recommend that learners have an Engineering and Construction Contract open at clause 60.1.
After studying this course, you should be able to:-
1. Decide whether an event which happens on their contract is or is not a compensation event;
2. Avoid some of the pitfalls which prevent the efficient operation of these clauses
