Pricing Contractor Delays

After attending this webinar, you will:

• Understand the recoverability of extended field office overhead.
• Be aware of typical costs included in field office overhead.
• Know the basics of calculating extended field office overhead costs.
• Be acquainted with various methods for calculating extended field office overhead.
• Be informed of how stipulated contract methods concerning field office overhead may be employed.

Description:

When contractors encounter owner caused delay they are typically entitled under contracts to recover both time as well as delay damages. Idled equipment or labor and material escalation costs are fairly easily calculated in such situations. Typically, contractors also seek to recover extended field office overhead or general conditions costs also.

There are, at least, eight methods of calculating extended field office overhead costs.  This webinar discusses all eight methods – offering commentary on the strong and weak points of each. The webinar offers recommendations on how owners can resolve this dilemma in advance of delays, thus making the issue less contentious should a contractor encounter a compensable delay.

Course outline:

• Introduction
• Types of delay
• What are delay costs?
• What is field office overhead?
• Examples of field office overhead costs
• How is extended field office overhead calculated? (Actual cost methods and stipulated contract methods)
• Costs to be deducted from and added to extended field office overhead costs
• Contractor’s obligation to mitigate delay
• Conclusion
• Questions and answers

Who should attend:
General contractors and their project managers • Project owners and their representatives • Design professionals • Construction managers • Construction attorneys

Special features:
This is one of a very few webinars that deals with extended field office overhead costs in such depth and highlights numerous ways to calculate such costs in the event of a compensable delay or specify such costs in the contract documents.

James G. Zack, Jr. is the Executive Director of the Navigant Construction Forum™, known for thought leadership and best practices on avoidance and resolution of construction project disputes globally.

Formerly, he was Executive Director of Corporate Claims Management, Fluor Corporation, one of the world’s largest EPC contractors; Vice President of PinnacleOne and Executive Director of the PinnacleOne Institute. Mr. Zack has, for more than 42 years, worked on claims and disputes and presented and worked on claims in 27 different countries around the globe. He has been involved in more than 5,000 claims and has been designated as an expert witness in mediation, arbitration and litigation.

He is certified as a CCM, a CFCC and a PMP. Mr. Zack is a nationally known author, speaker and trainer concerning the management, mitigation and resolution of construction claims and disputes and has testified as an expert witness.