Notifying a Compensation of Event (Short Contract)

To send a notification of an NEC4 compensation event on a short form contract including quotation:

  1. Navigate to your Contract Shell.
  2. From the left Navigator, select Compensation Events, and then select Notification of Compensation Event (Short Contract).
  3. Select Create to open the Create New Notification of Compensation Event (Short Contract) form.
  4. Complete all the required fields, the form cannot be sent until all the required fields are filled in.
  5. Use the clause picker icon to select from a list of available clauses for the following fields: Notify compensation event clause, Compensation even type, Compensation event details, Reference comment, and Quotation Instruction clause.
  6. Select the Additional information tab to add more information. If required, you can add multiple line item records.
  7. Once all fields have been filled in, select Send to submit the notification.
    • You can now access the notification from the left Navigator by selecting Compensation Events, and then selecting Notification of Compensation Event (Short Contract) .
    • A quotation task created for review.


Last Published Monday, January 6, 2025