A common question asked associated with managing ECC contracts is “what should be shown on the programme in terms of early warnings”. ... Whether the contract formally asks for them or not, it is practical to show early warnings that are yet to be resolved and could affect the remaining work on the programme.
Is an early warning a notification of a compensation event?
But remember there is no direct link between early warning notices and compensation events. An early warning notice might not lead to a compensation event and a compensation event might occur without an early warning notice.
How do I issue an early warning?
The contract makes provision for early warning procedures. Both parties must give early warning of anything that may delay the works, or increase costs as soon as they become aware of them. They should then hold an early warning meeting to discuss how to avoid or mitigate impacts on the project.