Episode 48 - Loss & Expense Claims

Send us Fan MailThis 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 people2. 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 ExpenseArchitect'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!Support the show