Loss and expense Flashcards
1
Q
When must the CA provide an assessment for the L&E claim?
A
Within 28 days of receipt of initial Contractor assessment.
And then 14 days after any update
2
Q
What are the types of relevant matter?
A
- Variations
- Postponement of work
- Instruction of a prov sum
- opening up non-defective works
- discrepancy/divergence of contract info
- Reasonable objection to Names Sub-Contractors/their insolvency
- Antiquities
- impediment, prevention, or default of the client/their team
3
Q
How can a contractor prove loss and expense?
A
- Time sheets
- Invoices
4
Q
What can be included in a Loss and Expense claim
A
Any actual loss:
- Management and Staff
- Equipment and plant
- Site welfare/consumables
- Interest for late release of retention
- OH&P
- Thickened prelims
5
Q
What is the NEC version of Relevant Matter?
A
Compensation event (deals with time and money)
6
Q
For concurrent delay, what is the effect on loss and expense?
A
if both events would have caused the delay, then time is given but not money (De Beers v Atos 2010)