A contractor鈥檚 right to complete work early was acknowledged by courts in the 1960s. Delayed early completion claims arose shortly thereafter and became somewhat common in the industry. It was, and still is, a controversial issue in the construction industry with many project owners and construction managers refusing to accept early completion baseline schedules. Others crafted contractual mechanisms to defeat such claims. Learn about a contractor鈥檚 right to complete work early and examine the contractor鈥檚 right to seek an equitable adjustment should their early completion be delayed by action of the owner. Discuss the benefits of having an accepted early completion schedule as well as the risks for both the owner and the contractor.
Duration: 1 hour | PDHs: 1 | Subscription: 90 days
Presented by: James Zack, CCM