Pricing Contractor Delay Costs
Peter V. Badala, Managing Director, Navigant Consulting, Inc.
James G. Zack, Executive Director, Navigant Construction Forum™
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. Typically, contractors seek to recover their delay costs -- extended field office overhead or general conditions costs. Calculating this cost is more complex than dealing with direct delay costs. There are at least eight methods for calculating extended field office overhead costs and none of the calculations arrive at the same daily cost.
This presentation reviews all eight methods – offering commentary on the strong and weak points of each. In addition, the webinar will offer 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.
This information packed, 90-minute recorded webinar will help you:
Very informative presentation.
Very informative and to the point and a good use of scarce and valuable time. Yes, I'd be interested in future events.
Opp & Seibold General Construction
Webinar was well presented and informative.
- Understand the term “field office overhead”
- Identify what expenses are typically found in a contractor’s field office overhead account
- Prove extended field office overhead costs
- Understand the benefits and shortcomings of the eight methods of calculating extended field office overhead costs
- Learn about the three general or basic methods of calculating extended field office overhead costs
- Carefully craft and include a method of calculation in the contract documents
- And much, much more!
This recording provides tips to follow for dealing with field office overhead treatment as a result of a delay to keep parties out of court or arbitration at the close of their project.
Who Will Benefit?
This program is a must if you’re a public or private owner, construction manager, contractor, subcontractor, consultant, architect, engineer or attorney.
This presentation features key insights from our knowledgeable construction experts:
Peter V. Badala
Managing Director, Navigant Consulting, Inc., San Francisco, CA
Mr. Badala is a Managing Director and West Coast Practice Area Leader in Navigant Consulting’s Global Construction Practice in San Francisco. For the past 30 years, Mr. Badala has provided forensic accounting, auditing, and claims consulting services and expert testimony to clients on more than 200 construction projects around the world. Click here for complete bio.
James G. Zack, Jr.
Executive Director, Navigant Construction Forum
James is the Executive Director of the Navigant 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. Formerly he was the Executive Director of Corporate Claims Management for Fluor Corporation, one of the world’s largest publicly owned engineering, procurement, construction and maintenance (EPCM) contractors working in the areas of energy, chemicals, infrastructure, manufacturing, life sciences and mining. Mr. Zack was previously Vice President of PinnacleOne and the Executive Director of the PinnacleOne Institute and a Senior Construction Claims Consultant for CH2M HILL, Inc. Mr. Zack has, for nearly 40 years, worked on both private and public projects. In the construction claims field, he is a recognized and published expert in mitigation, analysis and resolution or defense of construction claims and disputes. Click here for complete bio.