Mark Crossley, Tom Smith and Lee Wake | Hogan Lovells Key steps when making and assessing extension of time and cost claims for project delays and disruptions caused by increasingly frequent extreme weather events. A growing number of “freak” weather events, such as record temperatures, rainfall and wind speeds are leading to wildfires, heatwaves, floods… Continue reading Managing Extreme Weather-Related Delay and Disruption Claims on Projects
Tag: Extension of Time Awards
Time is Money…Except When It Isn’t – Financial Consequences of Extensions of Time in Construction Contracts
FTI Consulting Time and money are often seen as going hand in hand in construction contracts. In a typical employer contractor relationship, if the project is delayed by matters for which the contractor is responsible (non-excusable delay events), then the contractor may find itself liable to the employer for damages. Damages payable to an employer… Continue reading Time is Money…Except When It Isn’t – Financial Consequences of Extensions of Time in Construction Contracts