NEC4 · ECC 62.2
quotation
The Contractor's priced offer for a compensation event. It proposes the change to the Prices and how far the Completion Date and each Key Date should move.
On the Aldermere project
Merrow Vale's first CE007 quotation, on 30 March 2026, was GBP 86,400 and 9 days of delay to planned Completion.
Also written as
- quotations
- revised quotation
- revised quotations
Where you meet it
- Module 5: Early warningsPractitioner Course
- Module 8: Compensation events: what they are and how to notify themPractitioner Course
- Module 9: Compensation events: quotations, assessment and implementationPractitioner Course
- Module 8: The Short Schedule and pricing compensation eventsPayment and Defined Cost
- Module 9: Compensation events: assessment and proofCase Law
- Module 6: The reply and the case clinicValid compensation events