Search

Managing Loss & Expenses in Construction Projects

Webinar
Event Details
Date & Time
8 July 2020 9:00 - 12:00 SGT
Location

Webinar

Book Now

It is important to understand what constitutes loss and expense, how to calculate the value, and what records should be kept throughout the project life cycle to assist in the claims process.

Loss and expense should be clearly defined in the construction contract and determines criteria for compensation paid to contractors. Recognise instances of loss and expense and learn the most efficient means of executing procedures relevant for parties involved.

This online training will provide a fundamental understanding of the considerations in managing loss and expenses in construction projects as well as an understanding of how to best advise clients throughout the cycle of your construction projects.

Learning objectives

  • Loss and expense procedures
  • Causes of loss and expense
  • Advise the parties’ obligations relating to the subject
  • Content of contractor’s notices
  • Keep records to assist in loss and expense ascertainment

Who will benefit

  • Commercial managers
  • Construction Managers
  • Quantity surveyors (main contractor and client side)
  • Project managers
  • Employers agents
  • Contracts administrators
  • Architects
  • Building managers

Speaker

Maximilian Benz is a Chartered Quantity Surveyor and an experienced Contracts Manager with over eight years’ experience which includes working for professional quantity surveying consultancies with contractors and developers. In the last four years, Maximilian has layered this experience with expert witness and claims work for quantum matters in formal disputes.

Maximilian has developed considerable knowledge having worked on a number of iconic construction projects globally, in the leisure, commercial, retail, rail, oil & gas and aerospace sectors. These projects range from office fit out projects to multibillion-dollar funded airports. He has managed commissions to determine the contractual basis for claims, conducting forensic analyses of project data and accounts to determine the quantum (value), undertaking contract review and drafting reports for the defence and implementation of claims and expert determinations.

Maximilian’s areas of expertise cover claims management, commercial management, risk management, quantum analysis and assessment, capital project advisory, estimating, tendering, contract advisory and post contract administration. To date, his geographical experience includes Australia, Bahrain, Hong Kong SAR, Macau SAR, Malaysia, Malta, Qatar, Saudi Arabia, Singapore, United Arab Emirates and United Kingdom.

Event Details
Date & Time
8 July 2020 9:00 - 12:00 SGT
Venue

Webinar

Book Now