Course Catalogue.

Dealing with Contractor Jobsite Overhead Delay Costs

2 Professional Development Hours

After attending this webinar attendees will:

  • Have a better understanding of the issues concerning the pricing of contractor delay damages
  • Gain knowledge about the various methods of calculating extended field office overhead costs
  • Learn some contractual methods for predetermining this element of delay costs to prevent the need for end of the job audits or disputes over such costs

Background

When contractors encounter owner caused (excusable/compensable) delay they are typically entitled under the contract to recover both the time resulting from the delay as well as delay damages. Idled equipment/labor and material escalation costs are easily calculated in such situations.

Typically, contractors also seek to recover their delay costs (extended field office overhead or general conditions costs) also. Calculating this cost is more complex than dealing with delayed direct costs. There are, at least, eight methods of calculating extended field office overhead costs. None of the calculations arrive at the same daily delay cost.

This webinar discusses all eight methods – offering commentary on the strong and weak points of each. The paper also offers recommendations on how project owners can resolve this dilemma in advance of delays, thus making the issue less contentious should a contractor encounter an owner-caused delay.

Description of Topic

  • Learn about the recoverability of extended field office overhead costs in the event compensable delay arises on a project.
  • General Contractors will gain information on the various accepted methods of calculating this element of delay damages.
  • Owners will be exposed to various methods of specifying this element of delay damages in contracts to avoid disputes later on should compensable delay occur.
  • Owners and contractors will receive information on what costs should be deducted from this element of delay damages prior to submittal of costs in a claim.
  • Owners will gain insight into the issue of the contractor’s obligation to mitigate damages in the event of owner caused delay.

Areas Covered

  • In this webinar attendees will learn about the recoverability of extended field office overhead costs, including what field office overhead is and the typical elements of this cost.
  • Attendees will be exposed to the basics of calculating extended field office overhead costs.
  • The program will discuss the various actual cost methods for calculating extended field office overhead.
  • The program will explore the various total cost methods of calculating extended field office overhead costs.
  • The program will discuss how the jury verdict method may be used to make this delay damage calculation.
  • Attendees will learn how stipulated contract methods concerning field office overhead may be employed.
  • The program will identify what costs must be deducted from the submission of field office overhead costs by the contractor.
  • The contractor’s obligation to mitigate damages will also be discussed.

Who Should Attend?

  • Owner and contractor project managers
  • Resident engineers and architects
  • Agency construction managers
  • Construction managers at risk
  • Design managers
  • Legal counsel representing owners or contractors
REQUEST GROUP TRAINING QUOTE
Course Rating

We currently do not have enough attendee responses to generate a rating for this course.

COURSE CREDIT

Almost all of EPIC's courses offer :

  • Continuing Education Units (CEUs) and
  • Professional Development Hours (PDHs)

These course credits will help attendees earn training requirements for their associations or provincial governing bodies.

ON-SITE TRAINING
This course can be customized and delivered to a group at your facility saving time and money.
REQUEST A QUOTE
Brochure Downloads

EPIC has many catalogs you can download containing courses in your area!

DOWNLOAD NOW
Top