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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.

LNG Plant

Location: USA

A named windstorm caused widespread damage to the construction of an LNG plant. Significant damage was caused to pipe that had been prefabricated and was waiting to be installed at the facility. CCi carried out an analysis of the delays incurred to the project prior to the storm and identified pre-storm delay that had not been accounted for in the forecast Commercial Operation Date (COD). In addition, CCi identified delays to the fabrication and installation of structural steel that meant the delay caused to the COD by having to replace pipe was much less than originally claimed by the Insured.

Vanadium Mine

Location: Australia

Following fire damage at the world’s largest vanadium mine, two divergent hypothetical timelines emerged relating to the redesigned reinstatement of the beneficiation process plant. CCi was appointed in a joint expert capacity to assess and provide recommendations against the two timelines. CCi conducted a probabilistic analysis to help determine which of the hypothetical timelines was the most realistic.

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.