• Learn about the recoverability of extended field office overhead costs in the event compensable delay arises on a project.
• General Contractors will gain information on the various accepted methods of calculating this element of delay damages.
• Owners will be exposed to various methods of specifying this element of delay damages in contracts in order to avoid disputes, later on, should a compensable delay occur.
• Owners and contractors will receive information on what costs should be deducted from this element of delay damages prior to the submittal of costs in a claim.
• Owners will gain insight into the issue of the contractor’s obligation to mitigate damages in the event of an owner-caused delay.

Learning Objectives:-

• In this webinar attendees will learn about the recoverability of extended field office overhead costs, including what field office overhead is and the typical elements of this cost
• Attendees will be exposed to the basics of calculating extended field office overhead costs
• The webinar will discuss the various actual cost methods for calculating extended field office overhead
• The webinar will explore the various total cost methods of calculating extended field office overhead costs
• The webinar will discuss how the jury verdict method may be used to make this delayed damage calculation
• Attendees will learn how stipulated contract methods concerning field office overhead may be employed
• The webinar will identify what costs must be deducted from the submission of field office overhead costs by the contractor
• The contractor’s obligation to mitigate damages will also be discussed

Why Should You Attend:-

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.

Who Should Attend:-

• General contractors and their project managers
• Project owners and their representatives
• Design professionals
• Construction managers
• Construction attorneys
• Owners and owner representatives manage capital improvement projects.
• Contractor executives, project managers, project sponsors, and project control personnel.
• Construction managers and design professionals perform services during construction.