Small Tools, Large Dollars
Construction claims often assert that alleged impacts resulted in an extended project duration, thus forcing the contractor to incur additional time-related costs; one such cost that might be easily overlooked is that for small tools and consumables. While these costs may not be a large percentage of the total project budget, cost impacts to small tools and consumables could add up to a large...
COVID-19: The Evolution of Force Majeure Clauses in Unprecedented Times
Construction contracts typically state that a party’s force majeure remedy is a schedule extension equal to the duration of the force majeure event. However, given the unprecedented global economic shutdown due to the coronavirus pandemic, future contract negotiators will likely attempt to revise the definition of a force majeure event to account for the unforeseeable consequences of a global...