NEC3 & 4 - What Is A Compensation Event?

If you’ve ever worked on an NEC3 or NEC4 Contract you would have heard the term Compensation Event (CE). Here we explain how the CE mechanism works, and why not knowing your contract could lead to you losing out on money.

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00:00 What is a Compensation Event?
00:29 Practical Example of a Compensation Event
02:35 How Metroun Can Help

If you require any guidance with Compensation Events or would just like to find out more, please contact us at [email protected]

You can find out more information about Compensation Events on our blog post: https://www.metroun.co.uk/post/what-i...

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