Page Tags: delay

Hudson Formula

Hudson Formula

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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Time Related Claims

Time Related Claims

Time Related Claims Construction Delay Claims  Constructions contractors usually have a time within which or a date by which the contractor must complete the work or bring it to the stage of practical completion. There is usually a definition of completion or practical completion. completion is usually defined to be substantial completion of work. Before …

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Extensions of Time

Extensions of Time

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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Claims Under FIDIC Contract

Claims under fidic

Claims Under FIDIC Contract CLAIMS UNDER THE NEW FIDIC CONDITIONS OF CONTRACT Conditions of Contract for Construction, FIDIC Forms. It is known as ‘the Red Book’. The FIDIC Conditions are used extensively on international construction projects, notably for major  infrastructure work. The FIDIC Forms are used on projects funded by the World Bank, and the drafts …

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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 cost estimating, scheduling, …

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Construction Claims

Construction Claims Engineering Construction Claims Today’s competitive and complex construction industry requires careful consideration in the formation of the construction contract to ensure that it is equitable, the specifications and timetable are feasible, and that liability and obligations are clearly defined. Properly prepared contractors, subcontractors, architects, engineers, and developers can thus avoid anticipated problems, reduce …

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