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Neil Earnshaw and Others

What are the Compensation Events in the NEC4 TSC?

What are the Compensation Events in the NEC4 TSC?

This module focuses on the compensation event definitions in core clause 60.1. At the end of the module, learners will have a better understanding of the events to 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.
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