Construction & Public Contracts Webinar
Current Trends on Public Works Projects, including a focus on Lost Productivity and Total Cost Claims Lost productivity claims are common on public works construction projects. Contractors bid fix priced contracts assuming a set level of productivity with narrow profit margins. However, projects rarely proceed according to plan, but instead, unwanted events occur that can cause out-of-sequence work, delays, accelerations, trade stacking, overtime shifts, diluted supervision, and supply problems resulting in total cost claims. This presentation discusses the owner’s best...