Question: Assuming the contract was main Option A and the Project Manager had received a proposal from the Contractor to change the Scope reducing the amount

Assuming the contract was main Option A and the Project Manager had received a proposal from the Contractor to change the Scope reducing the amount paid to the Contractor by the Client, which TWO of the following statements are correct?

Select TWO options

A change to the Scope is a compensation event which could lead to an earlier Completion Date

The value engineering percentage is applied to the assessed value of the compensation event

The compensation event would not lead to a reduction in the Prices

The Contractor is only permitted to make proposals to change the Scope provided by the Client if secondary Option X

22

is included in the contract

The Project Manager should respond to the Contractor within four weeks of the proposal

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