Quantification of Damages
Quantification of Damages
In the unfortunate event an engineering or construction claim does occur, SOCOTEC is equipped to provide ongoing support in assessing or validating a party’s entitlement and quantification of damages. By analyzing the contract documents and the parties’ performance throughout the project duration, our experts identify causes of impact, the effect of those causes on a project, and the associated quantification of damages. A reliable, realistic assessment of damages that helps both the parties and the court assess a claim is an integral component to a successful litigation. Our construction and financial experts are qualified to investigate, evaluate, and calculate damages for clients at any stage of dispute.
SOCOTEC’s professionals have prepared and evaluated damage claims on hundreds of domestic and international projects. Our expertise lies within the quantification, presentation, and evaluation of construction damages including:
- Damages Cause and effect
- Direct Damages (labor/material/equipment/subcontract)
- Extended Project Costs (general conditions/general requirements)
- Expanded Project Costs
- Labor Productivity Loss/Disruption
- Cost Escalation
- Office Overhead Costs
- Lost Profits and Valuations
Construction Defect Analysis
SOCOTEC’s professionals have the engineering and construction expertise to investigate and analyze complex construction problems. Our active engagement in construction management brings real-time expertise to post-construction investigations.
We examine structures, materials, systems, designs, and installation sequencing and practices to uncover the cause of a problem and determine responsibility. Our experts investigate problems and advise our clients of the cause, solution, and estimated costs associated with the corrective actions.
Our skilled professionals have highly specialized knowledge and experience that has proven invaluable to clients at all stages of construction and in all construction industry sectors. With an array of technical and commercial expertise, we put our services to work for clients on complex projects around the world.
SOCOTEC offers a comprehensive array of construction defect-related and forensic investigation services. Our experts have years of experience in the construction field. Our services include, but are not limited to, the following:
- Coordination of On-Site Destructive Testing
- Construction and Design Defect Analysis
- Building Inspection
- Plan and Specification Review
- Construction Cost Estimation (Pre and Post Construction)
- Industry/ Regulation/ Code Compliance Studies
- Project Planning and Management
- Design Supervision
- Construction Administration
- Repair Recommendations/ Oversight
Coordination of Experts