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Pricing Contractor Delays (CCL830E)

Presented By : James G. Zack Jr.
(*) Single User Price. For multiple users please call 1-800-223-8720
Pre Recorded Webinar
90 minutes
  •  Thu, October 31, 2013
Event Description
See the sneak peek before you buy!
 

Learn 8 ways to calculate extended field office overhead

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:

  • What extended field office overhead costs are recoverable
  • How to calculate extended field office overhead costs
  • The differences between “actual cost” and “total cost” calculation methods
  • How to use the jury verdict calculation method
  • What costs must be deducted from a submission of field office overhead costs
  • The contractor’s obligation to mitigate damages
  • How to specify specific delay damage types in a contract

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.

About Our Speaker(s)

James G. Zack Jr., Construction Law ExpertJames 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

 
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    Event Title: Pricing Contractor Delays
    Presenter(s): James G. Zack Jr.

 
 
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