Executive Summary. Projects often experience delays for which the Contractor is awarded additional time. The determination of the per day reimbursement to the Contractor for this time is fraught with protracted analysis and negotiation. Owners should consider the time related overhead bid item for instant resolution. The Problem. It happens every day – the Contractor […]Continue Reading
Escrowing your bid documents and
estimate calculations allows the contractor and owner to
review all documents relied upon and created by the
contractor as of bid day. If this method of price evaluation
is accepted by the owner, it can be an invaluable asset
during a project dispute.