Reply to Notification of Compensation Event (Short Contract)

To reply to a notification of compensation event (short contract):

  1. Navigate to your Contract Shell.
  2. From the left Navigator, select Tasks.
  3. Select the notification of compensation event (short contract) task from your Tasks page. The Notification of Compensation Event (Short Contract) form is displayed.
  4. Select Accept to accept the task.
  5. Select one of the following options for the Is notification a compensation event? field:
    • Event is a compensation event and quotation is instructed
    • Event is a compensation event and Client will make own assessment
    • Event is not a compensation event
  6. Complete the required fields.
  7. Select the clause picker icon next to the Reasons the event is not a compensation event field to view the clauses available for selection. This field is required only if the Event is not a compensation event option was selected in step 5.
  8. If you selected the option Quotation is not instructed, enter the reasons the quotation was not instructed.
  9. Select if an early warning was given. Choose either Yes or No.
  10. This step is required only if you selected the option Yes for step 9. Select the clause picker icon next to the Notification of early warning field, to select a record number.
  11. This step is required only if you selected the option No for step 9. Choose the option Yes or No for the field: Should the Contractor/Consultant have given an early warning notification that an experienced Contractor/Consultant have given?
  12. Once all fields have been completed, select Send.
    • See topics Notifying Response Time Extension and Replying to Response Time Extension for more information on how to submit and respond to extension of time.
    • The Notification of Compensation Event (Short Contract) is created.
    • If the compensation event is accepted, a task is created for the finance administrator.
    • If the client is making their own assessment, a Compensation Event Assessment task is created.

In This Section

Replying to Notification of Compensation Event: Adding Financial Breakdown


Last Published Monday, January 6, 2025