Construction claims are found in almost every construction project and they have such high impacts on the project’s cost and time.
The purpose of quantifying a claim is to give the owner and contractors a substantive description and detail of the extra costs incurred or to be incurred due to a contract change. This detailed cost description provides the opportunity for parties to understand, negotiate, and justify extra contract costs.
In any change order or claim, there are numerous elements of direct costs, the indirect and overhead costs of the work, and possibly delay and impact costs related to the changes or delays that were incurred. It is important is that the various pricing elements be carefully calculated and substantiated.
We will discuss in detail the various types of costs that may be allowable for any given claims or change order, and what’s involved in the proper preparation, pricing and support of a request for equitable adjustment.
- Forward pricing and post pricing
- Delay and disruption costs – “measured mile,” “total cost” and other methods
- Acceleration costs – overtime, inefficiency
- Field overhead, home office overhead and Eichleay
Who Should Attend:
- Project Managers/Construction Managers/ Site Supervisors
- Public or private owner
- General Contractor/Subcontractor
- Estimators, Engineers, Architects
- Legal counsels
1900 Minnesota Crt., Ste 122 Mississauga
Mr. Jiwan Thapar is a licensed Professional Engineer in Ontario. He has extensive experience in preparing and evaluating construction claims and expert reports. He has performed claims work for both contractors and owners, ranging in value from $10 million to over $50 million.