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Calculating the Cost of a Change

 

You need a lot more than a calculator to determine and forecast change costs in construction.

Changes on construction costs are inevitable. That means that often-difficult negotiations of the appropriate price for the change are also inevitable. The objective of this topic is to help systematically strip away the mystery, the magic, the misconceptions, and the uncertainty surrounding the pricing of changes. Contractors will learn what they must include to be made whole. Owners will learn both what they should pay and what they shouldn't pay. CMs and attorneys, and the consultants and accountants that advise them, will learn what is needed to accurately and persuasively price a change. The focus is on the hard topics - the legitimate damages associated with delay, the real costs of inefficiency, and the balancing concerns when pricing acceleration.

Agenda

Faculty

Bill Haydt, Esq.

Bill Haydt, Esq.

Trauner Consulting Services, Inc.

William Haydt

  • Director, Shareholder at Trauner Consulting Services, Inc.
  • Qualified expert witness who has provided expert testimony in construction scheduling, delay analysis, and construction damages
  • Expertise lies in the areas of construction claims preparation and evaluation, development, and review of critical path method (CPM) schedules, delay analysis, training, and dispute resolution
  • Certified and award-winning instructor for Federal Highway Administration’s National Highway Institute courses, including Managing Highway Contract Claims: Analysis and Avoidance, and has provided CPM scheduling services to contractors and owners on a variety of projects, including bridge, highway, educational, and hotel projects
  • Presented seminars, webinars, and construction claims-related presentations for private firms and public agencies across the country
  • Member of the Pennsylvania Bar
  • J.D. degree, Temple University James E. Beasley School of Law; B.A. in civil engineering and architectural engineering, Drexel University
  • Can be contacted at 215-814-6400 or [email protected]

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