Compensation Events

Richard Silver discusses what constitutes a Compensation Event including a step-by-step walkthrough of the Compensation Event procedure (notification, quotation, assessment, implementation) and what happens when this isn’t followed (sanctions)
He also covers the equivalent in the JCT Contract Suite, Relevant Events & Matters what these encompass and the disparities between the two Contracts
Email: [e-mail] Tel: [phone] Website: www.silverllp.com