Tag: resolution

Bucketing – the Proper Claim Accounting Method

Executive Summary The categorization of costs incurred in a changed condition scenario is critical in dispute resolution. Account for costs by issue and sub-issue by creating buckets of costs. Do it early! Here Come the Extra Costs When you (the contractor) experience a change, whether you have notified the owner […]

The #1 Driver of a Construction Claim

Executive Summary A construction claim is a dispute in the Work as it was contemplated in the original construction documents. However, a large percentage of what drives a claim is not the Contract. It’s the people. It’s personalities. The Spark Losing money. That’s what drives contractors to spar with an […]

Escrowing Bid Documents: What, Where, How, Why, & When?

Executive Summary: Escrowing your bid documents and estimate calculations allow the contractor and owner to review all documents relied upon and created by the contractor as of bid day. If this method of price evaluation is accepted by the owner, it can be an invaluable asset during a project dispute. What […]