Practical Problems with
Pricing Delay Using Eichleay
David W. Halligan, Associate Director, Navigant Consulting, Inc.
James G. Zack, Executive Director, Navigant Construction Forum™
Delay is a common occurrence on construction projects and can be caused by multiple parties, weather or outside forces. But when delay is owner caused contractors frequently seek recovery of extended or unabsorbed home office overhead (HOOH). This webinar will address the issue of the recovery of HOOH.
This program will introduce practical problems with using the Eichleay Formula as a method of calculating extended/unabsorbed HOOH – from the viewpoint of accountants/auditors, owners and contractors, as well as practical remedies to keep all parties out of court or arbitration.
This information-packed, 90-minute recorded webinar will help you:
The material was well presented and was of value. The presenters are knowledgeable and obviously well experienced. I enjoyed the webinar.
Update on Eichley was helpful.
Speakers seemed very knowledgable on their specific topics.
- Understand the term “home office overhead”
- Identify what expenses are typically allocated to this cost account by contractors
- Evaluate the six major accounting assumptions embedded in the Eichleay Formula which give accountants pause
- Understand the benefits and shortcomings of the Eichleay Formula
- Determine the practical problems of Eichleay from the owner’s and contractor’s perspective
- Sharpen your knowledge about contract terms that can reduce your risk
- Consider some practical remedies to address this issue
- And much, much more!
The Eichleay Formula is as controversial today as it was when it was first created more than a half century ago. This webinar will provide tips to follow for dealing with home office overhead treatment as a result of a delay to keep parties out of court or arbitration at the close of the project.
Who Will Benefit?
This presentation is a must if you’re a public or private owner, construction manager, contractor, subcontractor, consultant, architect, engineer or attorney.
This event features key insights from our knowledgeable construction experts:
David W. Halligan
Associate Director, Navigant Consulting, Inc.
Dave Halligan, Ph.D., P.E., is an Associate Director in the Global Construction Practice. Dave has twenty-five years of experience providing clients with labor productivity analyses, schedule delay analysis, project controls guidance, construction project risk management, and disputes resolution assistance on a wide variety of projects. 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.