Transcription of Construction Contract Damages:Construction Contract ...
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Construction Contract DAMAGES 1 Construction Contract Damages: Construction Contract Damages: Construction Contract Damages: Construction Contract Damages: A Critical Analysis of the "Total Cost" Method of Valuing A Critical Analysis of the "Total Cost" Method of Valuing A Critical Analysis of the "Total Cost" Method of Valuing A Critical Analysis of the "Total Cost" Method of Valuing Damages for "Extra Work"Damages for "Extra Work"Damages for "Extra Work"Damages for "Extra Work" KARL SILVERBERG, I. INTRODUCTION: BASIC PRINCIPLES OF THE "TOTAL COST" METHOD It has been said that for every wrong there is a remedy. However, when a Construction contractor performs "extra work" and a dispute arises over the reasonableness of the claimed costs, the Contract law requirement that damages must be proven to a reasonable certainty can become a significant hurdle for the contractor in obtaining a remedy.
CONSTRUCTION CONTRACT DAMAGES 3 are related only in that both can be difficult to prove when it comes to construction claims.9 In almost all construction projects, especially large complex ones,
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