Construction Delay Analysis Techniques A Review of Application Issues and Improvement Needs The time for performance of a project is crucial to both the employer and the contractor, emphasizing the need for a thorough analysis of project delays. This analysis is essential for making informed decisions regarding potential time and/or cost compensation claims. While existing …
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Concurrent Delays Concurrent delay is a situation in which two or more delays occur at the same time and have a cumulative effect on the project schedule. Concurrent delays can be caused by a variety of factors, including: Owner-caused delays, such as late delivery of materials or changes to the scope of work Contractor-caused delays, …
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Interest and Damages. Damages in Construction Claim | Interest Interest is either interest as a component of the claim, or interest after the award. Each is for different period of time. the rates may also different. Interest can be a very substantial component of the claim. Sometimes, by the time the claim comes to trail, …
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