Recovery of contractor's fixed cost/head office overhead and profit
Carrick, D.
Recovery of contractor's fixed cost/head office overhead and profit - 2004 - Civil Engineering Surveyor June 2004, 17-19(3) .
Suggests ways in which formulae, such as Hudson, Emden and Eichleay, can be used to calculate a basis for claim for loss of business. These losses can result from delays which develop in a project. Stresses that record keeping needs to be thorough to back up any such claims. Concludes that the recoverability of loss of profit and head office contribution will depend often on the nature of the contractor making the claim and the market conditions in which the claim is made.
HEAD OFFICE OVERHEADS
HUDSON FORMULA
EMDEN FORMULA
EICHLEAY FORMULA
HADLEY V BAXENDALE
Recovery of contractor's fixed cost/head office overhead and profit - 2004 - Civil Engineering Surveyor June 2004, 17-19(3) .
Suggests ways in which formulae, such as Hudson, Emden and Eichleay, can be used to calculate a basis for claim for loss of business. These losses can result from delays which develop in a project. Stresses that record keeping needs to be thorough to back up any such claims. Concludes that the recoverability of loss of profit and head office contribution will depend often on the nature of the contractor making the claim and the market conditions in which the claim is made.
HEAD OFFICE OVERHEADS
HUDSON FORMULA
EMDEN FORMULA
EICHLEAY FORMULA
HADLEY V BAXENDALE