TRAINING.

Construction Management - Pricing Contractor Delay Costs

Online /
May 22, 2024 /
Course Code: 0527-WEB24

REGISTER NOW
The confirmation of this course depends on early registration; Register early to avoid the postponement or cancellation of a course.
  • Overview
  • Instructor

Overview

Note

This webinar is part of Web Series: Construction Management and includes four webinars:

Register for the series and save 20%.

After participating in this webinar, attendees will:

  • Learn about the recoverability of extended field office overhead costs in the event compensable delay arises on a project, including what field office overhead is and the typical elements of this cost.
  • Be exposed to the basics of calculating extended field office overhead costs.
  • 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 in order to avoid disputes later on, should a compensable delay occur.
  • Understand the various actual cost methods for calculating extended field office overhead, the various total cost methods of calculating extended field office overhead costs, how the jury verdict method may be used to make this delay damage calculation, and how stipulated contract methods concerning field office overhead may be employed.
  • Be able to identify what costs must be deducted from the submission of field office overhead costs by the contractor.
  • Discover what it takes to assert the defence of the contractor's obligation to mitigate damages.

Description
When contractors encounter owner-caused (excusable/compensable) delays they are typically entitled under the contract to recover both the time resulting from the delay as well as delay damages.

Idled equipment/labour and material escalation costs are fairly easily calculated in such situations. Typically, contractors also seek to recover their delay costs (extended field office overhead or general conditions costs). 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.

Areas Covered in the Webinar:

  • Types of Delay
  • What Are Delay Costs?
  • What Are Extended General Conditions Costs?
  • How Are Extended General Conditions Costs Calculated?
  • Other Issues Related to Extended General Conditions

Who should attend:

  • General contractors and their project managers
  • Project owners and their representatives
  • Design professionals
  • Construction managers
  • Construction attorneys
Time: 12:00 PM - 2:00 PM Eastern Time


Please note: You can check other time zones here.

System Requirements

PC-based attendees
OS: Windows 7, 8, 10 or newer

Browser:
IE 11 or later, Edge 12 or later, Firefox 27 or later, Chrome 30 or later

Macintosh based attendees
OS: Mac OS X with MacOS 10.7 or later

Browser:
Safari 7+, Firefox 27+, Chrome 30+

iOS
OS: iOS 8 or newer

Android
OS: Android 4.0 or higher

Instructor

Jim Zack

Jim is the Senior Advisor to the recently formed Ankura Construction Forum™.

The Forum strives to be the construction industry’s resource for thought leadership and best practices on global avoidance and resolution of construction project disputes. Jim was the founder and Executive Director of the Navigant Construction Forum™. Formerly he was the Executive Director of Corporate Claims Management Group, Fluor Corporation, one of the world’s largest EPCM contractors. Before this, Jim was Vice President of PinnacleOne, Executive Director of the PinnacleOne Institute, and Senior Construction Claims Consultant for CH2M HILL, Inc.

For 46 years, he has worked on private and public projects throughout the U.S. and in 28 countries abroad. Jim has worked for contractors and owners on over 5,000 claims in his career. He is a Fellow of AACE International, the Royal Institution of Chartered Surveyors and the International Guild of Project Controls. He is a recognized and published expert in the mitigation, analysis and resolution of defense of construction claims and disputes in the construction claims field.

Jim is a Certified Construction Manager (CCM), a Certified Forensic Claims Consultant (CFCC), and a Project Management Professional (PMP).




The Engineering Institute of Canada
REGISTER NOW
NOT INTERESTED IN THIS COURSE?

We always want to improve the quality of our courses. Please select any reasons why you feel this course is inadequate (check all that apply).

Please check this box:
Course Rating
5.0 out of 5

Overall rating of this course by its previous attendees!

Fee & Credits

$149 + taxes

  • 0.2 Continuing Education Units (CEUs)
  • 2 Continuing Professional Development Hours (PDHs/CPDs)
  • ECAA Annual Professional Development Points
Register




Group Training
This course can be customized and delivered to your group of staff at your facility, saving time and money.
REQUEST A QUOTE
Sign-up for our newsletter
Canada Job Grant
The cost of this course could be covered by Canada Job Grant.

Your company may be eligible for funding! LEARN MORE
Top