Using prospective TIA with contractual deadlines
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Both the SCL and AACE recognise the inaccuracy that can result from performing TIA when there is a gap between the delay event and the programme status date. The recommendation is generally to update the programme to immediately before the delay event.
The contract often provides deadlines for the submission of EoT claims, expressed as x days from becoming aware of a critical delay.
If one becomes aware of a delay event which will commence in 30 days time, but the contract requires an EOT claim to be submitted within 20 days of becoming aware, how should one proceed?
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