Date: May 23rd Tuesday
Time: 01:00 PM EDT | 10:00 AM PDT
Duration: 90 Minutes
Product Code: 300267
Key Take Away:
Whether an owner, a design professional, a construction manager or a contractor, all construction professionals must learn how to analyze, prepare and justify time extension requests. Owners and their representatives are tasked with the responsibility of receiving, analyzing and recommending a course of action and deciding on all time extension requests submitted by contractors.
Contractors and CM’s@Risk are required to analyze, prepare, justify and submit time extension requests on their own behalf and/or on behalf of their subcontractors. This presentation identifies the tests that have been set forth by the U.S. Federal Courts to justify both excusable and compensable delay time extension requests. The presentation discusses how these rules are applied, whether submitting or analyzing a time extension request. The presentation also discusses the rules concerning concurrent delay and how the courts hold the claimant responsible for allocating concurrent delay. Finally, the presentation highlights two new court rulings which may be “game changers” concerning delays, time extension requests and the use of concurrent delay as a defense against liquidated damages.
Why Should You Attend:
In this webinar, you’ll learn when an owner may owe compensable delay and under what circumstances.
You’ll also learn the rules concerning who has the burden of proof concerning delay and what must be proven in order to justify time extensions – both excusable and compensable.
This webinar will also reveal several common misconceptions concerning current delay and who has the burden of proof concerning concurrent delay.
The webinar will discuss when a contractor is not required to justify field and home office overhead costs once a compensable delay have been proven.
Finally, this webinar will discuss two recent court cases, one Federal and the other State, which may change the rules of the game concerning the use of concurrent delay as a defense against owner imposed liquidated damages.
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Toll Free: +1- 844-414-1400