Contractors have faced very strictly"no damages for delay" clauses. Delay is one of most commonproblems in construction projects resulting in construction disputes andclaims. These delays can have a severe financial impact on the project.Therefore, determining the costs of delays is crucial to a constructionproject and its budget. When disputes erupt, delay claims may be filed andthen, knowing the process for submitting or reviewing delay claims, as well ashow to approach modifying the contract becomes vital.
This webinar will go over Types ofdamages, Identifying and proving delays, the most acceptable methods &approaches to documenting impacts, as well as how to categorize and effectivelyimplement these approaches to effectively present costs and delay claims. Wewill also discuss how project schedules are used and misused to support aparty’s position.
The webinar will be presented byan experienced instructor, who will provide the perspective of both, thecontractor, who is typically responsible for developing and updating theproject schedule, as well as the owner, who is typically responsible forreviewing and accepting the project schedule and evaluating requests foradditional time.
Join this session by expert speaker Bill Haydt, where he will discuss the methods and importance of determining and documenting the Costs associated with Delays.
Session Highlights:
Overview of Project Delays
Defining Critical Path, Longest Path, and Float
The difference between Critical Path and the Longest Path
Overview of Critical Path
Float Overview
Total Float
Misconceptions
Who owns Float?
Contract Provisions
Relevant Contract Provisions
Standard Form Contracts
Excusable, Non-Compensable Delays
Excusable, Compensable Delays
Allowable Delay Costs
Delay Damages
Owner Actual and Delay Costs
Contractor Delay Costs Breakdown
Eichleay Formula
Documenting Delays
Acting on Delay Issues
Summary
Why You Should Attend:
Basically delays are a net loss situation: Allthe parties lose one way or the other and there are no realwinners. Reputations are at stake as well. By attending thiswebinar, you will learn why determining costs associated with delays is anessential project management tool. Reviewing contract provisions becomesimportant in case of delay claims. And, this process requires extensivedocumentation. You will learn both the processes. The session will also putlight on how to adjust a price after the change of work is performed and constructioncosts best practices, tips, and abuses will also be covered in depth.
The webinar also provides construction professionals with an understanding of how to manage and protect the project time from a risk perspective.
Who Should Attend:
Construction Company Executives
Construction Project Managers
ConstructionContract Managers
Trade Contractor Executives and Field Managers
Construction Attorneys
Architects and Engineers Involved in Construction·
Contractors
Subcontractors
Presidents
Vice Presidents
Developers
Project Owners
All other construction professionals were interested in determining their project costs associated with delays.
You may ask your Question directly to our expert during the Q&A session.
** You can buy On-Demand and view it at your convenience.
Bill Haydt
Bill Haydt Trauner Consulting Services, Inc.
Director and Shareholder at Trauner Consulting
Services, Inc.
Provides Critical Path Method (CPM) schedule development,
updating, and time extension preparation services to contractors, and CPM
schedule review and time extension evaluation services to public and
private owners
Qualified in federal court as an expert in
construction scheduling and delay analysis; expertise lies in the areas of
construction claims preparation and evaluation, development and review of
critical path method (CPM) schedules, delay analysis, lost productivity,
damages, and dispute resolution
Analyzed construction performance
on a wide array of projects, including highways, bridges, airports,
wastewater treatment plants, power plants, chemical process plants,
government installations, pipeline systems, correctional facilities,
hi-rise and low-rise structures, commercial facilities and residential
housing units
Evaluated and helped resolve
construction claims involving delay, inefficiency, acceleration and other
impacts related to differing site conditions, design deficiencies,
changes, and owner, designer and contractor performance through
negotiation, mediation, arbitration and litigation
Certified and award-winning instructor for
Federal Highway Administration’s National Highway Institute courses,
including Managing Highway Contract Claims: Analysis and Avoidance
Presented dozens of seminars, webinars, and
construction claims-related presentations across the country
B.S. degree in Civil Engineering, Drexel
University
J.D. degree, Temple University James Beasley
School of Law