Register now for this 90-minute session in which our expert speakers, James G. Zack, Jr. and Peter V. Badala will unravel the complexities of pricing delay damages—and demonstrate the strong and weak points of eight different cost calculation methods. The discussion will also offer recommendations on how to mitigate cost calculation disputes in advance of excusable and/or compensable delays.
When contractors encounter owner-caused delay, they are typically entitled to recover both time and damages. While direct delay damages (i.e., idled equipment/labor and material escalation costs) are fairly easily calculated,indirect costs such as extended field office overhead or general conditions costs are far less so. For instance, there are at least eight methods for calculating extended field office overhead costs, and none arrive at the same daily delay cost. Confused? You won’t be much longer.
In this program, you will learn:
This presentation is appropriate for all key contracting players, including owners and their representatives, general contractors, design professionals, construction managers, and the attorneys who represent contract parties.
After attending this event, you will understand the typical elements of field office overhead costs, have the tools to calculate indirect delay costs confidently, and be able to face off contentious disputes over owner-caused delay with a well-drafted contract.
James G. Zack Jr.
James G. Zack Jr. is the Executive Director of the Navigant Construction Forum – the construction industry’s global resource for thought leadership and best practices on avoidance and resolution of construction project disputes globally. Formerly, Executive Director, Corporate Claims Management for Fluor Co... More info