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Author Question: What types of damages are contractors entitled to for delay claims? What will be an ideal ... (Read 71 times)

PhilipSeeMore

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on: Jul 26, 2018
What types of damages are contractors entitled to for delay claims?
 
  What will be an ideal response?

Question 2

What types of damages are owners entitled to for delay claims?
 
  What will be an ideal response?


chevyboi1976

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Reply #1 on: Jul 26, 2018
Answer to Question 1

The damages that contractors are entitled to for delay claims are time extensions, actual damages, and possibly compensatory damages.

Answer to Question 2

The damages that owners are entitled to for delay claims that are caused by contractors consist of actual damages for the losses incurred, or liquidated damages. The following are damages for delay that could be awarded to owners (Acret, 1987):

 Loss of use
 Additional damages related to loss of use
 Increased interest
 Additional professional fees for architects and engineers


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