This episode is a re-run. It was originally published in November 2022.
Struggling to get compensated for project delays? Listen in as we share the secrets to getting paid for those unexpected setbacks. Time to turn delays into dollars – listen here!
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Timestamps:
(2:01) - Extension of time is the mechanism within the contract that you can actually extend the PC date
(4:31) - 2 different definitions of delay. An excusable, compensable delay, or one that is not compensable
(7:02) - This is one of the big four delays and we need to figure out who's going to pay for what and what's included
(8:02) - The most difficult one is document inaccuracies or discrepancies
(9:55) - What's called a critical path, something that is absolutely necessary to make sure that happens in a specific order
(12:15) - The best term is to just want to get paid actual demonstrated costs
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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