Episode 48 - Loss & Expense Claims
Streams straight from the publisher. podnod never proxies or re-hosts episode audio.
This week we will be talking about Loss & Expense Claims. This episode content meets PC1 - Professionalism, PC3 - Legal Framework & Processes & PC5 - Building Procurement of the Part 3 Criteria.
Resources from today's episode:
Calculating Overheads Formula:
1. Tender Overhead and profit/100x(contract sum/period in weeks) x delays in weeks this is done for all items and people
2. Then you take the total project billings / total company billings x head office overhead and profit
3. Leading to the Contract overhead and profits / no. of days on site x no.of days of compensable delay.
Books:
- Good Practice Guide: Assessing Loss and Expense
- Architect's Legal Handbook 10th Edition by Anthony Speaight QC & Matthew Thorne
Thank you for listening! Please follow me on Instagram @part3withme for weekly content and updates.
Join me next week for more Part3 With Me time.
If you liked this episode please give it a rating to help reach more fellow Part3er's!
Send us Fan Mail
buzzsprout.comSupport the show
patreon.com