Delays and disruptions in the construction industry can have significant financial implications. Properly assessing and calculating the damages associated with these issues is essential for project stakeholders, including contractors, owners, and insurers. At Precision, we specialize in providing comprehensive construction damage assessment and calculation services designed to accurately evaluate the impact of delays and disruptions on your project.
Precision’s experience with Damages:
- General condition costs (GCs)
- Home office overhead (HOOH)
- Liquidated Damages
- Actual damages
- Modified work
- Indirect and direct work
- Defective work
- Modified scope
- Material cost escalation
- Labor cost escalation
- Loss of Productivity
- Standby
With decades of combined experience in the construction industry, our experts have worked on a wide range of projects, from small renovations to large-scale infrastructure developments. This breadth of experience allows us to understand the unique challenges associated with various types of projects and to adapt our approach accordingly.
Damage calculations require specialized knowledge in construction management, scheduling, and accounting practices. Our experts are not only highly trained in these areas but also stay updated on the latest industry standards, methodologies, and technologies. This ensures that our calculations are accurate, reliable, and defensible.
Comprehensive Services
We provide a full suite of services related to damage calculations, including:
Delay Analysis: Identifying the root causes of delays, their impact on the project timeline, and quantifying the associated costs.
Disruption Assessment: Analyzing how disruptions have affected productivity and estimating the resulting financial implications.
Cost Assessment: Evaluating additional costs incurred due to delays and disruptions, ensuring that all factors are accounted for in our calculations.
Expert Testimony: In the event of disputes, our team is prepared to provide expert testimony, bringing clarity to complex issues and supporting your case with credible insights.
Proven Methodologies
Our approach is rooted in established methodologies, including the Critical Path Method (CPM) and the Window Analysis Technique. By employing these proven strategies, we ensure our damage calculations are based on a thorough and systematic evaluation of the project’s timeline and financial impact.
Customized Solutions
Every construction project is different, and so are the damages incurred during its lifecycle. We pride ourselves on delivering tailored solutions that address the specific circumstances of your project. Our experts work closely with clients to understand their unique challenges and develop a damage assessment that accurately reflects their situation.
Strong Track Record of Success
Our firm has a history of successful damage assessments, having helped clients recover significant costs through accurate calculations and effective negotiation strategies. Our proven track record instills confidence in our ability to advocate for our clients’ best interests.
Contact Us to Discuss your Project
Choosing Precision means choosing expertise, reliability, and a commitment to delivering high-quality damage calculations. Our team of construction experts is dedicated to providing you with the insights you need to effectively manage delays and disruptions, enabling you to move forward with confidence. Contact us today to learn how we can assist you with your construction damage assessment needs.
