Our experts can help support project owners and contractors to undertake contact resets.
Contract Resets
Using forensic quantum and delay analysis, our experts use an evidence-based approach to provide clarity and help facilitate contract resets.
To enable a contract resets, outstanding claims must be settled and an important part of this is to negotiate a result acceptable to all parties, often relying on evidence-based forensic delay analysis coupled with robust quantum analysis.
With the support of forensic quantum and delay experts tailored to the specific project, a well executed contract reset not only offers a clear audit trail. It also provides the project owners evidence based reasoning behind payments made to contractors, in addition to a path forward towards project completion.
From the perspective of the contractor, a contract reset is a solution worth considering as it may provide much-needed support in terms of time and cost relief, while also enabling project owners to better understand project issues and the costs and time impacts.
Causes to initiate a contract reset may include:
Hyperinflation
Contaminated ground issues
Force Majeure events
Overheated local markets
Industrial issues
Labour shortages
Materials shortages
Severe weather issues
Flora and fauna
To find out how Accura Consulting experts can support your project, get in touch.
Technical expertise
Forensic quantity surveying & document discovery
Expert delay, acceleration and planning analysis
Our Contract Resets services include
Schedule Analysis
Specification Reviews
Claims Evaluation
Mediation and Negotiation
Forensic Quantity Surveying
Claims Consulting
Causation Analysis
Delay Analysis
Experience