Washington, DC (PRWEB) November 08, 2013
WPL Publishing soon will sponsor a webinar to help construction professionals address issues involving recovery schedules in their projects.
When a construction project falls behind schedule, an owner may require the contractor to submit a recovery schedule. Issues may arise over whether the recovery schedule is realistic, what the direct and indirect costs will be, who should shoulder the cost, and frequently, whether the need for a recovery schedule actually exists in the first place. Contractors preparing recovery schedules need to understand the potential effects on their own labor and equipment resources and on their subcontractors. The webinar is designed to help professionals within the construction community understand and address these types of issues. To register for the 90-minute event, scheduled for Tuesday, Nov. 19, 2013, at 1:00 p.m. (EST), visit http://tinyurl.com/m2zbk2p.
Here are a few of the specific areas that the webinar, entitled “Recovery Schedules -- The Construction Acceleration Hot Potato: Practical and Legal Considerations,” will examine:
- Steps to take to avoid recovery-schedule requests.
- Examples of contract requirements that explicitly allow an owner to request a recovery schedule.
- When an owner should request a recovery schedule.
- When a contractor should submit a recovery schedule.
- How to approach acceleration and schedule development.
- Identifying the costs of acceleration.
- Potential additional equipment requirements.
- Cost and resource loading -- developing “what-if” scenarios.
- Scheduling considerations -- resource leveling and risk.
- What to include in a recovery-schedule submittal.
- What to do after a recovery schedule is submitted.
- Legal aspects and ramifications.
- Options where no contract requirements exist.
- Who needs to pay for an acceleration.
- Approval issues.
Addressing webinar attendees will be Chris Burke, a partner in Watt, Tieder, Hoffar & Fitzgerald Llp., and Warner Construction Consultants Inc. Vice President Michael Harris.
After their presentations, there will be an interactive 10-to-15 minute question-and-answer session addressing relevant topics.
Webinar tuition is based on location, not number of participants, so each registration site can have multiple participants for one low price. To register, visit http://tinyurl.com/m2zbk2p.
WPL Publishing Co., Inc. provides expert training, education, and development resources for the construction industry via live webinars and its ConstructionPro Network website (http://www.ConstructionProNet.com). Through ConstructionPro Network, WPL publishes the independent newsletter ConstructionPro Week, providing news, analysis, and insightful commentary about recent developments involving construction law, green buildings, building information modeling, and various construction managerial technologies and techniques.