Power Station

  • 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.

Costa Rica

40Ha Container Terminal

Storm damage during the dredging and reclamation phase of the project resulted in the implementation of a suite of mitigation measures.

Australia

Vanadium Mine

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.

North Sea

Semi-Submersible

A Semi-Submersible brown field project, consisting of the conversion of a large exploration vessel to a production vessel overran in time and in money.

Europe

730MW Ultra-supercritical Coal Fired Power Station

Originally suffering a catastrophic failure of the transformer, the project suffered several delay events, including 13 instances of damage.