Common use of Compensation Events Clause in Contracts

Compensation Events. The place where weather is to be recorded is The weather measurements to be recorded for each calendar month are:- the cumulative rainfall (mm); the number of days with rainfall more than 5 mm; the number of days with minimum air temperature less than 0 degrees Celsius; the number of days with snow lying at 0900 hours GMT; and these measurements: The weather measurements are supplied by the Meteorological Office. The weather data are the records of past weather measurements for each calendar month which were recorded at [insert location] and which are available from the Meteorological Office. Where no recorded data are available: Assumed values for the ten year return weather data for each weather measurement for each calendar month are: does not apply

Compensation Events. The place where weather is to be recorded is The weather measurements to be recorded for each calendar month are:- the cumulative rainfall (mm); the number of days with rainfall more than 5 mm; the number of days with minimum air temperature less than 0 degrees Celsius; the number of days with snow lying at 0900 hours GMT; and these measurements: The weather measurements are supplied by the Meteorological Office. The weather data are the records of past weather measurements for each calendar month which were recorded at [insert location] and which are available from the Meteorological Office. Where no recorded data are available: Assumed values for the ten year return weather data for each weather measurement for each calendar month are: does not applyapply The value engineering percentage is 50%, unless another percentage is stated here, in which case it is These are additional compensation events [ ] 1 ………. ………

Compensation Events. The place where weather is to be recorded is • The weather measurements to be recorded for each calendar month are:- • the cumulative rainfall (mm); • the number of days with rainfall more than 5 mm; • the number of days with minimum air temperature less than 0 degrees Celsius; • the number of days with snow lying at 0900 hours GMT; • and these measurements: • The weather measurements are supplied by the Meteorological Office. • The weather data are the records of past weather measurements for each calendar month which were recorded at [insert location] and which are available from the Meteorological Office. Where no recorded data are available: • Assumed values for the ten year return weather data for each weather measurement for each calendar month are: does not apply