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The concurrent delay was until recently an end-of-the-job defense for owners and contractors. Owners typically used the concurrent delay argument to escape paying for the compensable delay. Contractors, on the other hand frequently use the concurrent delay to get out from under liquidated damage assessment. When owners impose liquidated damages at the end of a delayed project contractors often respond with allegations of concurrent delay. That is, contractors argue that some or all the project delay was actually caused either by the owner or an external force, concurrent with the contractor’s delays and therefore liquidated damages should be forgiven or excused. As owners generally do not impose liquidated damages until the end of the project, frequently a contractor’s claim of concurrent delay is not submitted until the project is complete. This webinar explores mechanisms, based on recent court rulings that owners employ to defeat a contractor’s “concurrent delay defense”. This webinar will focus on what contractors must do to maintain their ability to use the concurrent argument at the end of the project.
After attending this webinar 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.
This information-packed webinar will help you:
Receive practical advice for both owners and contractors when dealing with the issue of concurrent delay and liquidated damages
Who Should Attend
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