Delay and Disruption in Construction Contracts, 5th Edition - First Supplement
Page 1
CHAPTER 1
Introduction and terminology
Introduction
“Construction changes, delays and claims are a major problem for public work agencies, developers and facility managers – and for contractors and designers building their projects. Delays and claims siphon off a significant portion of the available funds for construction, often cost contractors and designers a significant portion of their anticipated profit, and sometimes create a loss, or even destroy a contractor and the owner’s lifetime savings.”1