Delay Claims – Perspective From The Top Down

It's important for owners and general contractors (“GC”) to understand how delay, cost overruns and deficiencies can impact the bottom line. The ideal construction project would be completed on time, on budget, and without any deficiencies. This post addresses delay and what remedies owners or GCs may have when delay claims arise because of matters beyond their control.

In today's large construction projects, cost certainty is something owners and GCs want. This can be addressed through a fixed price contract or, alternatively, cost-plus with a maximum upset price. In either circumstance, the owner or GC seeks to protect itself from delay claims, hence the provisions in the contract.