Delay is expensive. It swiftly diminishes productivity rates, profits, and project morale, while at the same time increasing labor, equipment, material, and subcontractor costs. Costs mount as the beleaguered owner or contractor prepares, submits, and, if necessary, litigates a delay claim. And while every owner and contractor expect that their projects will proceed on schedule, delay is an unfortunate reality in the construction industry.
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This article was co-authored with Steven R. Kolodziej.
Construction