Guideline on Consequential Damages

Topics:
Construction Services and Home Improvement
Tags:
America,
Business Operations,
Claim,
Litigation
Source:
Associated General Contractors (AGC) of America

FREE Registration is required

Overview: Growing windfalls and disproportionately large court and arbitrator awards on lost profit and similarly speculative claims have led to major losses by owners and contractors and increased litigation. These claims involve highly subjective, ripple-effect cost impact estimates growing out of project delays and disruptions. This paper points out that delays and their resulting costs generally involve complex circumstances where fault is shared by numerous parties. The end result has been uncertainty and a misallocation of risk to those lacking adequate control.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: PDF | Size: 67KB | Date: Oct 2003 | Pages: 2

People who downloaded this item also downloaded

Webcast Sarbanes Oxley Act of 2002: New Corporate Responsibility and Disclosure Requirements

Top results from Construction Services and Home Improvement

White Paper Alternative Framing Materials in Residential Construction: Three Case Studies
Case Study Cold Climate Case Study; High Efficiency North Dakota Twin Homes
Case Study Show Me the Money: Selling Builders on Systems Engineering
Case Study Cambridge Homes at Baldwin Park
Case Study Central Florida Dream Home

» View all Construction Services and Home Improvement listings

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement

Returning users: Log In Here!

Already registered on BNET, TechRepublic, or ZDNet? Simply log in.

Free Membership: Sign Up Now!

Sign up for a free membership today and get instant and unlimited access to one of the largest databases of white papers, webcasts, and casestudies anywhere. Your FREE membership allows you to:

  • Download an unlimited amount of content, including classic and current white papers, case studies, webcasts and more
  • Track content on your chosen topics of interest
  • Receive targeted email alerts when your favorite content is added
  • Save content for future reading
  • Receive our member newsletter

When you register to access this directory, you become a member of BNET. In addition, you allow us to share your information with companies that produce products or services featured in the library--so that such companies may contact you with information and offers regarding their products and services. This enables us to keep the library a free service. As a directory registrant, you will receive a complimentary subscription to the BNET member newsletter, The BNET Report. You can unsubscribe from this newsletter at any time. By clicking the Sign up button, you indicate that you agree to our Terms and Conditions and have read and understand our Privacy Policy (updated).