CAR / EAR & Builder’s Risk

Our team of professional Quantity Surveyors, Cost Consultants and Practicing Engineers accurately measure and value reinstatement/repair costs following property damage, with a proactive and transparent approach in delivering cost certainty.

Our team includes RICS members and chartered civil, structural, building services, geotechnical and commissioning engineers with a wealth of experience in project management, cost consultancy, contract negotiation and as acting independent expert witnesses.

We undertake a comprehensive review of project records and, where required, have the technical capability to assist in determining the most effective repair strategy / scope. The following are just some of the cost headings which can be reviewed:

  • Physical cost / scope of reinstatement
  • Increased Cost of Working
  • Additional Cost of Working
  • Expediting Expenses
  • Prolongation costs
  • Professional Fees
  • Defect rectification scope / costs
  • Improvements

Projects

CCi have worked on hundreds of projects worldwide. With specialist teams in time, cost and technical, and a broad range of industry experience, we bring clarity to the most complex of situations.

Subsea Production Umbilicals

Location: Europe

Two damage events, both concerning cracking to the outer sheaths of the Umbilicals led to critical delay of the ‘load out’ milestone. CCi was appointed to assess the extent to which damage had delayed the project and to quantify associated liquidated damages. Utilising a time slice analysis, CCi’s analysis enabled a successful resolution of the claim.

High-Rise Construction

Location: USA

Two separate water intrusion events occurred during the construction of a high-rise residential building in New York City. The Insured submitted a delay claim for 13 months of delay to the completion date because of the first event. CCi was retained by underwriters to determine the delay caused by each event to the completion date. CCi’s analysis established that contract works, that had not been impacted by either of the Insured events, was causing critical delay to the completion date. Although each individual event had caused a delay, the critical delay was due to remaining contract works. As such, CCi established if the events had not occurred, the completion date would not have been improved from what was actually achieved.

Power Station

Location: USA

A significant fire damaged large sections of a partially constructed Power Plant. The Insured ultimately completed the project 18 months late and submitted a DSU claim for 18 months. CCi analysed the project schedules and identified non-loss related delay occurring after the date of loss. CCi established that due to the non-loss related delay, but for the event, the project would have completed 12 months late. As such, the loss had only caused an additional 6 months of delay to the Commercial Operation Date.