{
  "query": "NEC4 contract NCE without Early Warning risk implication",
  "claims": [
    {
      "claim": "If a Contractor fails to give an early warning for a matter that an experienced contractor could have given, the Compensation Event (CE) is assessed as if the early warning had been provided.",
      "verbatim_quote": "Where the Project Manager states in the instruction to submit quotations that the Contractor did not give an early warning of a matter that an experienced contractor could have given, the Compensation Event is assessed as if the Contractor had given that early warning.",
      "source_url": "https://builtintelligence.com/early-warning-nec4/",
      "relevance": "high"
    },
    {
      "claim": "Failure to notify an early warning can lead to Compensation Events being assessed at a lower value.",
      "verbatim_quote": "without an early warning 1-may be some disallowed costs coming your way or 2-Compensation events might be assessed at a lesser value!",
      "source_url": "https://www.linkedin.com/posts/walkerben1_nec4-early-warning-5-common-misconceptions-activity-7292574630127517696-niye",
      "relevance": "high"
    },
    {
      "claim": "Failure to raise an early warning as soon as an issue is identified can result in cost implications and future disputes.",
      "verbatim_quote": "It's important to remember that early warnings should be raised as soon as the issue is identified. Failure to do so could result in cost implications and disputes later.",
      "source_url": "https://www.linkedin.com/posts/metroun_how-to-raise-an-early-warning-under-an-nec4-activity-7298280350462472193-FgbA",
      "relevance": "medium"
    },
    {
      "claim": "Under NEC4, an early warning is not required if the matter has already been notified as a Compensation Event.",
      "verbatim_quote": "NEC4 also states that an early warning is not required for a matter for which a Compensation Event has previously been notified.",
      "source_url": "https://builtintelligence.com/early-warning-nec4/",
      "relevance": "high"
    }
  ],
  "market_context": "- [HIGH] If a Contractor fails to give an early warning for a matter that an experienced contractor could have given, the Compensation Event (CE) is assessed as if the early warning had been provided. (source: https://builtintelligence.com/early-warning-nec4/)\n- [HIGH] Failure to notify an early warning can lead to Compensation Events being assessed at a lower value. (source: https://www.linkedin.com/posts/walkerben1_nec4-early-warning-5-common-misconceptions-activity-7292574630127517696-niye)\n- [MEDIUM] Failure to raise an early warning as soon as an issue is identified can result in cost implications and future disputes. (source: https://www.linkedin.com/posts/metroun_how-to-raise-an-early-warning-under-an-nec4-activity-7298280350462472193-FgbA)\n- [HIGH] Under NEC4, an early warning is not required if the matter has already been notified as a Compensation Event. (source: https://builtintelligence.com/early-warning-nec4/)"
}