Pricing Contractor Jobsite Overhead Delay Costs

Speaker

Instructor: Jim Zack
Product ID: 704367

Location
  • Duration: 90 Min
After attending this training program, attendees will have a better understanding of the issues concerning the pricing of contractor delay damages. Contractors will gain knowledge about the various methods of calculating extended field office overhead costs. Owners will learn some contractual methods for predetermining this element of delay costs in order to prevent the need for end of the job audits or disputes over such costs.
RECORDED TRAINING
Last Recorded Date: Apr-2019

 

$229.00
1 Person Unlimited viewing for 6 month info Recorded Link and Ref. material will be available in My CO Section
(For multiple locations contact Customer Care)

$299.00
Downloadable file is for usage in one location only. info Downloadable link along with the materials will be emailed within 2 business days
(For multiple locations contact Customer Care)

 

 

Customer Care

Fax: +1-650-362-2367

Email: [email protected]

Read Frequently Asked Questions

Why Should You Attend:

When contractors encounter owner caused (excusable/compensable) delay they are typically entitled under the contract to recover both the time resulting from the delay as well as delay damages. Idled equipment/labor and material escalation costs are fairly easily calculated in such situations. Typically, contractors also seek to recover their delay costs (extended field office overhead or general conditions costs) also. Calculating this cost is more complex than dealing with delayed direct costs. There are, at least, eight methods of calculating extended field office overhead costs. None of the calculations arrive at the same daily delay cost.

This webinar will discuss all eight methods – offering commentary on the strong and weak points of each. The training also offers recommendations on how project owners can resolve this dilemma in advance of delays, thus making the issue less contentious should a contractor encounter an owner-caused delay.

Learning objectives:

  • Understand what may be included in jobsite overhead costs.
  • Learn several methods for calculating general conditions costs resulting from project delays.
  • Be exposed to 2 methods of calculating field office overhead costs based on labor cost or labor hours.

Areas Covered in the Webinar:

  • In this webinar attendees will learn about the recoverability of extended field office overhead costs, including what field office overhead is and the typical elements of this cost.
  • Attendees will be exposed to the basics of calculating extended field office overhead costs.
  • The webinar will discuss the various actual cost methods for calculating extended field office overhead.
  • The webinar will explore the various total cost methods of calculating extended field office overhead costs.
  • The webinar will discuss how the jury verdict method may be used to make this delay damage calculation.
  • Attendees will learn how stipulated contract methods concerning field office overhead may be employed.
  • The webinar will identify what costs must be deducted from the submission of field office overhead costs by the contractor.
  • The contractor’s obligation to mitigate damages will also be discussed.

Who Will Benefit:

  • Attorneys dealing with delay damages.
  • Owners and owner representatives assigned to resolution of compensable delay claims.
  • Contractor executives, project managers, project sponsors and project control personnel preparing compensable delay claims.
  • Construction managers and design professionals performing services during construction.
Instructor Profile:
Jim Zack

James G. Zack, Jr, CCM, CFCC, FAACE, FRICS, FGPC, PMP
Principal, James Zack Consulting, LLC

Jim is the Principal, James Zack Consulting, LLC and Senior Advisor, Ankura Construction Forum™. The Forum strives to be the construction industry’s resource for thought leadership and best practices on avoidance and resolution of construction project disputes globally. Expert Advisor for AlphaSights and Guidepoint Global Advisor. Formerly he was the Executive Director of the Navigant Construction Forum™ and earlier, the Executive Director, Corporate Claims Management Group, Fluor Corporation, one of the world’s largest EPCM contractors. Mr. Zack was previously Vice President of PinnacleOne and the Executive Director of the PinnacleOne Institute and earlier a Senior Construction Claims Consultant for CH2M HILL, Inc. Mr. Zack has, for more than 48 years, worked for both contractors and owners in 36 States in the U.S. and 39 countries abroad. Mr. Zack is a Fellow of AACE, the Royal Institution of Chartered Surveyors, the Guild of Project Controls and, the Society of Construction Claims Specialists International. In the construction claims field, he is a recognized and published expert in mitigation, analysis and resolution or defense of construction claims and disputes. Mr. Zack is a Certified Construction Manager (CCM), a Certified Forensic Claims Consultant (CFCC), an Expert Certified Construction Claims Specialist (ECCCS), an Expert Certified Construction Delay Analyst (ECCDA) and a Project Management Professional (PMP).

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Registrants may cancel up to two working days prior to the course start date and will receive a letter of credit to be used towards a future course up to one year from date of issuance. ComplianceOnline would process/provide refund if the Live Webinar has been cancelled. The attendee could choose between the recorded version of the webinar or refund for any cancelled webinar. Refunds will not be given to participants who do not show up for the webinar. On-Demand Recordings can be requested in exchange. Webinar may be cancelled due to lack of enrolment or unavoidable factors. Registrants will be notified 24hours in advance if a cancellation occurs. Substitutions can happen any time. On-Demand Recording purchases will not be refunded as it is available for immediate streaming. However if you are not able to view the webinar or you have any concern about the content of the webinar please contact us at below email or by call mentioning your feedback for resolution of the matter. We respect feedback/opinions of our customers which enables us to improve our products and services. To contact us please email [email protected] call +1-888-717-2436 (Toll Free).

 

 

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