Author Question: What types of damages are contractors entitled to for delay claims? What will be an ideal ... (Read 80 times)

PhilipSeeMore

  • Hero Member
  • *****
  • Posts: 561
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

  • Sr. Member
  • ****
  • Posts: 344
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

For a complete list of videos, visit our video library