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Pricing Contractor Jobsite Overhead Delay Costs

 


After attending this training program, attendees will have a better understanding of the issues concerning the pricing of contractor delay damages. Contractors will gain knowledge about the v

Pricing Contractor Jobsite Overhead Delay Cost

 

  • One Dial-in One Attendee

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  • Group-Max 10 Attendees or Location

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    USD 449
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  • 1x Person - Unlimited viewing for 6 Months

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    USD 199
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  • One CD or USB is for usage in one location only

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    USD 299
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  • LIVE + RECORDED VERSION

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    USD 299
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  • LIVE + TRAINING CD or USB

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    USD 349
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About The Event

Pricing Contractor Jobsite Overhead Delay Costs

 
After attending this training program, attendees will have a better understanding of the issues concerning the pricing of contractor delay damages. Contractors will gain knowledge about the various methods of calculating extended field office overhead costs. Owners will learn some contractual methods for predetermining this element of delay costs in order to prevent the need for end of the job audits or disputes over such costs.
 

Why Should You Attend:

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 fairly 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 will discuss all eight methods – offering commentary on the strong and weak points of each. The training 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.

Learning objectives:

  • Recoverability of extended field office overhead costs in the event compensable delay arises on a project.
  • Various accepted methods of calculating this element of delay damages for general contractors.
  • Various methods of specifying this element of delay damages in contracts in order to avoid disputes later.
  • Costs that should be deducted from this element of delay damages prior to submittal of costs in a claim.
  • Insight into the issue of the contractor’s obligation to mitigate damages in the event of owner caused delay.
 

Areas Covered in the Webinar:

  • The recoverability of extended field office overhead costs, including what field office overhead is and the typical elements of this cost.
  • The basics of calculating extended field office overhead costs.
  • Various actual cost methods for calculating extended field office overhead.
  • The various total cost methods of calculating extended field office overhead costs.
  • How can the jury verdict method be used to make this delay damage calculation?
  • How can stipulated contract methods concerning field office overhead be employed?
  • Costs that must be deducted from the submission of field office overhead costs by the contractor.
  • The contractor’s obligation to mitigate damages.

Who Will Benefit:

  • General contractors
  • Owners and their representatives
  • Design professionals
  • Construction managers
  • Attorneys

Instructor Profile:

Jim Zack

Jim Zack
Senior Advisor, Ankura Construction Forum

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 avoidance and resolution of construction project disputes globally. Jim was the founder and Executive Director of the Navigant Construction Forum™. Formerly he was the Executive Director, Corporate Claims Management Group, Fluor Corporation, one of the world’s largest EPCM contractors. Prior to this Jim was Vice President of PinnacleOne and Executive Director of the PinnacleOne Institute and a Senior Construction Claims Consultant for CH2M HILL, Inc. He has, for 46 years, worked on both private and public projects throughout the U.S. and in 28 countries abroad. Jim has worked for both contractors and owners on more than 5,000 claims in his career. He a Fellow of AACE International, the Royal Institution of Chartered Surveyors and the International Guild of Project Controls. In the construction claims field, he is a recognized and published expert in mitigation, analysis and resolution or defense of construction claims and disputes. Jim is a Certified Construction Manager (CCM), a Certified Forensic Claims Consultant (CFCC), and a Project Management Professional (PMP).

Refund Policy

Registrants may cancel up to two working days prior to the course start date and will receive a letter of credit to be used towards a future course up to one year from date of issuance. ComplianceOnline would process/provide refund if the Live Webinar has been cancelled. The attendee could choose between the recorded version of the webinar or refund for any cancelled webinar. Refunds will not be given to participants who do not show up for the webinar. On-Demand Recordings can be requested in exchange.

Webinar may be cancelled due to lack of enrolment or unavoidable factors. Registrants will be notified 24hours in advance if a cancellation occurs. Substitutions can happen any time.

 

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