Recovery of contractor's fixed cost/head office overhead and profit
Series: Civil Engineering Surveyor ; June 2004, 17-19(3)Publication details: 2004Subject(s): Summary: 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.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS67887 (Browse shelf(Opens below)) | 1 | Available | 126599-1001 |
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.