Understanding and Demonstrating Delay Damages
About this course
Watch RECORDED Session for Just $39
Training Duration: 90 Minutes
Accessible On: Any multimedia device
Recorded On: March 18, 2019
Access any day, anytime, unlimited times as per your convenience* Sr. No. 028031819
Contractors often face very restrictive contract provisions regarding the recovery of delay damages; from restrictions on the types of costs recoverable to blanket “no damages for delay” clauses. Fortunately, despite such restrictions, most contracts and most jurisdictions do provide for some recovery of damages for delay. Knowing what damages are recoverable, for what damages you may be liable, and how those damages are properly calculated, is fundamental in both recovering for or defending against a claim for delay damages. This knowledge is all the more important since most construction disputes involve a delay component. In this webinar, the speaker will explain the various delay-related costs, or damages, incurred in a construction project. He will also cover the items and data necessary to prove damages and the necessary elements.
- The categories of damages
- The components of each damages category
- How damages differ between the contractor, owner, and other project participants
- The necessary elements for proof of damages
- The necessary elements to establish recoverability of damages
- Ways to mitigate damages
Why You Should Attend:
This webinar will explore the types of delay damages, the proof of such damages, and the recoverability of those damages. In addition to “actual damages,” it will also cover the concepts surrounding liquidated damages and how liquidated damages limit both exposure and recovery.
Who Should Attend :
- Construction Project Managers
- Construction Company Executives
- Trade Contractor Executives and Field Managers
- Project Owners
- Construction Attorneys
- Architects and Engineers Involved in Construction
**In this Recorded Session, you can listen to Q&A which includes direct answers from our expert speaker.