Author Question: What types of damages are contractors entitled to for delay claims? What will be an ideal ... (Read 69 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?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

For a complete list of videos, visit our video library