Contractor Entitled to be Paid Acceleration Costs: Introduction: Contractor’s Right to Acceleration Costs In construction projects, delays can often arise due to unforeseen circumstances, changes in scope, or the actions of the project owner. These delays can have a significant impact on the project’s timeline and cost. When a contractor is faced with delays that …
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Does an Accepted Quotation by a Contractor/Subcontractor Include Result Delay Costs? Introduction: Result Delay Costs in Accepted Quotations In construction projects, contractors and subcontractors often submit quotations for specific tasks or portions of the work. Once a quotation is accepted, it becomes a binding agreement between the parties. However, the question arises: does an accepted …
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