Seminar ID: 104824

An Owner’s Guide to Related Claims

An Owner’s Guide to Related Claims

Time impact claims are some of the most hotly contested claims in construction law.

Owners and contractors frequently dispute every aspect of the claim, including whether timely notice was provided, causation and proper measure of damages. Often these claims result in large judgments and awards. Thus, it is important that the parties to a construction contract closely monitor the progress of the work, periodically update the schedule, provide timely notice of potential impacts and attempt to quantify the potential impact of a delay when it occurs. Otherwise, they may discover that time is truly money.