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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?
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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:
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- Decide whether an event which happens on their contract is or is not a compensation event.
- Avoid some of the pitfalls which prevent the efficient operation of these clauses.