How to Notify Compensation Events Under the NEC4 TSC
How to Notify Compensation Events Under the NEC4 TSC
This course will walk you through the compensation event notification process and notifying instructing quotations. In this course we will:
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- Distinguish between the timing of events happening and their related administration.
- Learn, in detail, about notifying compensation events and instructing quotations including who can notify, timescales for doing so, sanctions for not following the process and assumptions that can be given.