Learn what is needed to accurately and persuasively price a price escalation claim.
Delays on construction projects are inevitable. And, as such, so are the damages stemming from those delays. While some of these damages are straightforward calculations, others, such as cost escalation damages, are less so. So, what is a construction contract escalation clause, and how does it apply to your project? Owners will learn where and how their contracts allow recovery for escalation claims, and what the contractor must prove to be entitled to that recovery. This will enable owners to understand what they should pay and what they shouldn't pay. Contractors, CMs, attorneys, and the consultants and accountants that advise them will learn what is needed to accurately and persuasively price a price escalation claim. The focus is on the hard topics - the legitimate escalation damages associated with delay, and the damages often claimed that are not legitimate. Additionally, some case studies will be provided to show exactly how these clauses are interpreted and the damages for escalation calculated.
Bill Haydt, Esq.
Trauner Consulting Services, Inc.
- 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]
All of your training, right here at Lorman.
Pay once and get a full year of unlimited training in any format, any time!
- Live Webinars
- OnDemand Webinars
- MP3 Downloads
- Course Manuals
- Audio Recordings*
- Executive Reports
- White Papers and Articles
- Sponsored Live Webinars
Additional benefits include:
- State Specific Credit Tracker
- Members Only Newsletter
- All-Access Pass Course Concierge
* For audio recordings you only pay shipping
Questions? Call 877-296-2169 to speak with a real person.