References

Context

With the works completed but acceptance refused due to leaks, the joint venture had presented a €9M claim covering 17 months of delay. Argos Construction's analysis distinguished 11 compensable months, 3 excusable but non-compensable months and 3 months attributable to the contractor, leading to partial admissibility of around €500k.

Mission

Report in response to the joint venture's claim memorandum

Context

Faced with a €7M penalty demand from the Owner, the contractor was claiming €16M of additional compensation. Argos Construction's detailed analysis showed that the changes imposed by the Owner itself were the cause of the delays, allowing the penalties to be set aside.

Mission

Preparation of a claim for additional compensation — general account

Objectives

• Contractual analysis and reconstruction of disruptive events
• Delay analysis and financial impacts
• Drafting of the additional-compensation memorandum

Stakes

• Phase 1: 14-day delay on an initial 147 days; Phase 2: 35-day delay on an initial 91 days; Phase 3: 0 days on an initial 112 days
• €8M on a €50M contract

Results

Out-of-court settlement

Context

Following Argos Construction's intervention, which restored balance between the Owner and the contractor wrongly identified as the source of the delays on this multi-trade project, a claim for additional compensation could be presented and defended.

Mission

Claim for additional compensation — final account

Objectives

• Reconstruction of disruptions and substantiation of the time extension
• Analysis of impact on resource mobilisation
• Establishment of cost-overrun and damages pricing

Stakes

• 23-month time extension on an initial 25-month schedule
• €0.8M of additional compensation on a €3M contract

Results

Time extension formalised (delay penalties lifted) and settlement at €0.4M