This webinar training will explain the issues concerning the pricing of contractor delay damages. Contractors will gain knowledge about the various methods of calculating extended field office overhead costs. Owners will learn some contractual methods for predetermining this element of delay costs in order to prevent the need for end of the job audits or disputes over such costs.
Why Should You Attend:
When owners impose liquidated damages at the end of a delayed project, contractors often respond with allegations of concurrent delay. That is, contractors argue that some or all of the project delay was actually caused either by the owner or an external force, concurrent with the contractor’s delays, and therefore liquidated damages should be forgiven or excused. As owners generally do not impose liquidated damages until the end of the project, frequently a contractor’s claim of concurrent delay is not submitted until the project is complete.
This webinar explores mechanisms, based on recent court rulings that owners employ to defeat a contractor’s “concurrent delay defense”.
Areas Covered in the Webinar:
Who Will Benefit:
Physical CD-USB of recorded session will be despatched after 72 hrs on completion of payment