Managing Risks: The Crucial Role of Architects, Engineers, and Quantity Surveyors in Commercial Organizations Architects, Engineers and quantity surveyors are often required to provide services to commercial organisations at risk the majority of Architects, engineers and quantity surveyors engaged by commercial organisations have at one time or another undertaken to provide services on a risk …
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Does an Accepted Quotation by a Contractor/Subcontractor Include Result Delay Costs? Where a contractor/ subcontractor submits a quotation for extra work which is accepted, is the accepted quotation deemed to include for any result delay costs? In general, whether an accepted quotation for extra work includes result delay costs would depend on the specific terms …
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Hudson Formula The so-called “ Hudson Formula “ has no basis in law or logic. It is generally accepted that damages and off-site overheads cannot be proven by a formula. The formula barely gets a mention in Hudson’s Building and Engineering Contracts, however, since it is frequently referred to in texts and sometimes in judgments, …
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Extensions of Time What is Extension of Time (EOT)? Extension of Time (EOT) is a delay which could not be reasonably foreseen at the time of contract signing. The granting of an Extension of Time relieves the contractor from liability of damages such as Liquidated Damages from the original date of contract completion for the period …
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Damage Quantification Experts Damage Quantification Experts Direct & Indirect Construction Claims Construction claims are often the result of cost overruns, time delays or construction defects, all of which are qualitatively visible. Quantification of damages associated with construction claims is a diligent effort, as they are often intertwined between various aspects of the project, such as …
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