Calculating Construction Damages
Calculating Construction Damages

Author: William Schwartzkopf

Publisher: Wolters Kluwer

Published: 2000-01-01

Total Pages: 488

ISBN-13: 9780735514805

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Calculating construction damages can be complex and confusing. Written by recognized experts in the area of construction claims, Aspen Publishersand’ Calculating Construction Damages is a one-of-a-kind resource providing step-by-step guidelines for valuing a claim and calculating damages. Calculating Construction Damages keeps you completely up-to-date with the changes in the construction industry, and provides new and updated coverage on: Reductions in scope through deductive changes The meaning and explanation of acceleration The use of the actual cost method and the total cost method to calculate damages The effectiveness of expanding on productivity analysis. The definition of home office overhead costs and the use of the Eichleay formula. The most recent assessment of attorneysand’ fees on Miller Act claims Only Aspen Publishersand’ Calculating Construction Damages leads you through every step you need to take in order to reach an accurate assessment of construction damages. Complete coverage includes: General Principles of Damage Calculation Labor Costs Equipment and Small Tool Costs; Additional Equipment Costs Material Costs Bond and Insurance Costs Home Office Overhead Calculating Construction Damages is organized by type of damage rather than type of claim. Its clear, mathematical techniques will enable you to value any claim and accurately calculate damages.

The Impact of Change Orders on Mechanical Construction Labor Efficiency
The Impact of Change Orders on Mechanical Construction Labor Efficiency

Author: Paul Joseph Vandenberg

Publisher:

Published: 1996

Total Pages: 236

ISBN-13:

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Change orders impact many areas of construction projects. However, the impacts that change orders have on labor efficiency are much harder to quantify and are, therefore, a significant risk to contractors. Little research has been completed in the past quantifying these impacts so that disputes are common between owners and contractors regarding the actual cost of change. This study uses data from 43 projects, 27 impacted by changes and 16 not impacted by changes, to develop a linear regression model that predicts the impact on labor efficiency. The input factors needed for the model are: (1) Total Actual Project Hours, (2) Total Estimated Change Hours, (3) Impact Classification, and (4) Timing of Change. Timing of Change is calculated by breaking the project schedule down into six periods (i.e., changes before construction start, 0 - 20%, 20 - 40%, 40 - 60%A, 60 - 80%, and 80 - 100%), listing the percentage of change that occurred in each period, and calculating a weighted timing factor. The model calculates the labor loss or gain in efficiency for a particular project so that owners and contractors will better understand the true change impact on labor efficiency. Significant results have been found in hypothesis testing. The results show that impacted projects have larger amounts of change, have a larger decrease in labor efficiency, and are more impacted by change that occurs later in the project schedule. These results appear to be consistent with the intuitive judgement of industry professionals. The research is limited to the mechanical trade, but does include specific work in plumbing, HVAC, process piping, and fire protection.

New Code of Estimating Practice
New Code of Estimating Practice

Author: The Chartered Institute of Building

Publisher: John Wiley & Sons

Published: 2018-05-29

Total Pages: 293

ISBN-13: 1119329469

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The essential, authoritative guide to providing accurate, systematic, and reliable estimating for construction projects—newly revised Pricing and bidding for construction work is at the heart of every construction business, and in the minds of construction consultants’ poor bids lead to poor performance and nobody wins. New Code of Estimating Practice examines the processes of estimating and pricing, providing best practice guidelines for those involved in procuring and pricing construction works, both in the public and private sectors. It embodies principles that are applicable to any project regardless of size or complexity. This authoritative guide has been completely rewritten to include much more contextual and educational material as well as the code of practice. It covers changes in estimating practice; the bidding process; the fundamentals in formulating a bid; the pre-qualification process; procurement options; contractual arrangements and legal issues; preliminaries; temporary works; cost estimating techniques; risk management; logistics; resource and production planning; computer-aided estimating; information and time planning; resource planning and pricing; preparation of an estimator’s report; bid assembly and adjudication; pre-production planning and processes; and site production. Established standard for the construction industry, providing the only code of practice on construction estimating Prepared under the auspices of the Chartered Institute of Building and endorsed by a range of other professional bodies Completely rewritten since the 7th edition, to include much more contextual and educational material, as well as the core code of practice New Code of Estimating Practice is an important book for construction contractors, specialist contractors, quantity surveyors/cost consultants, and for students of construction and quantity surveying.

Estimating Building Costs
Estimating Building Costs

Author: Calin M. Popescu

Publisher: CRC Press

Published: 2003-04-22

Total Pages: 776

ISBN-13: 9780203912232

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Companies live or die on the basis of estimating their costs. Preparing estimates and bidding for new jobs is a complex and often costly process. There is no substitute for on the job training -- until now. Drawing on the authors' combined experience of more than 70 years, Estimating Building Costs presents state-of-the-art principles, practices, a

Construction Change Order Claims
Construction Change Order Claims

Author: Michael T. Callahan

Publisher: Wolters Kluwer

Published: 2005-01-01

Total Pages: 628

ISBN-13: 0735552371

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Construction Change Order Claims brings you up-to-date with the latest methods for determining value of work or all types of projects. Commonly encountered claim issues are covered in detail, including: Surety issues Evaluating changes resulting from ambiguous specifications or inadequate design Measuring the cost impact of delays Proving the price of damages This all-in-one resource guides you through every type and aspect of change claims, offering hands-on guidance and analysis from 25 experienced practitioners. Construction Change Order Claims helps you quickly answer difficult questions such as: Is a change order on a construction project an and“extraand”and—or is it included within the scope of the basic contract price? When does an ownerand’s unintentional interference cross the line between a mere impairment or hindrance to an alteration of the contractorand’s intended methods of performance? What specific circumstances support the use of the cardinal change doctrine? What circumstances must be present to employ the Percentage of Completion accounting method? Construction Change Order Claims delivers: Innovative defenses to avoid being bound by a release Guidance for anticipating contractor defenses, and for preparing opposing arguments Practical tips and accounting tools for evaluating progress and calculating payments Federal, state and local certification requirements for public and private projects And more!

Construction Cost Estimating
Construction Cost Estimating

Author: Len Holm

Publisher: Routledge

Published: 2021-04-07

Total Pages: 405

ISBN-13: 1000345130

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Construction Cost Estimating equips a new generation of students and early-career professionals with the skills they need to bid successfully on projects. From developing bid strategies to submitting a completed bid, this innovative textbook introduces the fundamentals of construction estimating through a real-life case study that unfolds across its 24 chapters. Exercises at the end of each chapter offer hands-on practice with core concepts such as quantity take-offs, pricing, and estimating for subcontractor work. Online resources provide instant access to examples of authentic construction documents, including complete, detailed direct work estimates, subcontractor work estimates, general conditions estimates, markups, and summary schedules. Through its unique mix of real-world examples and classroom-tested insights, Construction Cost Estimating ensures that readers are familiar with the entire estimating process even before setting foot on the jobsite.