EOT Prolongation Costs Under FIDIC 2017: Free Calculator + Guidelines
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EOT Prolongation Costs Under FIDIC 2017: Free Calculator + Guidelines
326 просмотров · 8 дн. назад
Contract Management Channel
2,14 тыс. подписчиков
326 просмотров · 8 дн. назад
In this tutorial you will master the art of recovering prolongation costs on your construction projects! Download your Free Prolongation Cost Calculator (Excel) and PDF Guideline.
In this video, we break down exactly how to claim Extension of Time (EOT) related costs successfully using our Prolongation Cost Calculator. Based on the unamended FIDIC Red Book 2017 (Second Edition), we dive deep into what costs are genuinely recoverable, how to establish contractual entitlement, and how to structure a bulletproof claim.
📥 FREE DOWNLOAD:
Download the official Guidelines PDF and the automated Excel Calculator template here:
👉 https://cmccontracts.com/prolongation...
📌 What You Will Learn In This Video:
• Entitlement vs. Causation: Why an EOT doesn't automatically mean you get paid.
• Contractual Provisions: Key sub-clauses you must check (Sub-Clause 8.4, 2.1, 20.2, etc.).
• Recoverable Cost Categories: Site overheads, management personnel, idle plant, insurances, and bonds.
• The Hard Stuff: Head-office overheads (Hudson, Emden, Eichleay formulas) and financing costs.
• Cost vs. Cost Plus Profit: Knowing when you can legally add a profit percentage.
• Step-by-Step Template: A walkthrough of the calculator template to substantiate your next claim.
🌐 Visit CMC shop for ready made templates: https://ko-fi.com/klinkercontracts/shop
🌐 For contract & claims management services visit https://aratis.nl/en/
💡 Disclaimer: This video is for educational purposes and provides general information based on unamended FIDIC General Conditions. Always consult your specific Particular Conditions, Contract Data, and governing law for project-specific claims.
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