Technical Seminar: Delay and Cost in Construction [POSTPONED]

** This seminar has been postponed. **

Date, time & venue

2020-05-27; 18:30pm – 20:00pm 1.5hrs; Chan Yat Mei Sophie Room, HKIE HQ

Organized by

HKIE Civil Division

Programme Highlights

The first half of this seminar will summarise the talk entitled the ‘Analysis of Construction Delay’ which was presented to the HKIE last year by Mr Clive Holloway of FTI Consulting on 18 September 2019 and he will extend the talk through to its completion. This will conclude the time related aspect of EOT delay and disruption claims, and the analysis thereof. The seminar will then move on to address the associated compensation of costs with respect to prolongation, and other losses, expenses and damages.

The second half of the seminar will be presented by Mr Scott Ramsden of FTI Consulting and will address the Quantum that flows from time related EOT delay claims. He will explain that prolongation costs are divided into direct (non-core) costs and indirect (core costs), and how they relate to critical and non-critical delay. The talk will also cover other general quantum and cost topics, such as; contracts, pricing, cash flow, valuations, loss of profit, variations, site / head office overheads, preliminaries, value engineering, levies, acceleration, damages, retention, finance charges, insurance, interest, escalation, etc.

The overall aim of the seminar is to illustrate how time and money relate, and how they dynamically react with each other, and intrinsically depend on each other.

Fee

Free of Charge.

Speakers

Mr. Clive Holloway

Senior Director in the Construction Solutions practice of FTI Consulting in Hong Kong and Asia.  Mr. Holloway is an accomplished and very experienced construction professional and has worked for over 40 years in programming and in the analysis of delay, dealing with time-related contract issues on projects in dispute.  He is a programme expert and forensic delay analyst recognised by Who’s Who Legal and his assignments have involved him with the analysis of delay and disruption on a wide variety of projects across many sectors and in various international locations. He has produced numerous time-related expert reports regarding to the risks, strengths and weaknesses of EOT entitlement delay claims for adjudication, mediation, amicable settlement, negotiation, etc.

Mr. Scott Ramsden

Senior Director in the Construction Solutions practice of FTI Consulting in Hong Kong and Asia.  Mr Ramsden is an experienced Quantity Surveyor with over 30 years of experience in quantity surveying, dispute management, dispute resolution, arbitration and litigation support. He has worked with some of the largest blue chip employers and contractors in the construction industry. He has considerable experience in the preparation, defence, negotiation and settlement of claims. Throughout his career, he has worked alongside, and in support of, solicitors and barristers to provide claims advice, commercial and contract management and dispute resolution services, etc.

Registration & Enquiries

The seminar will be conducted in English.  Presentation materials will be in English.

The number of participants is limited to 80 and priority will be given to members of Civil Division and previous registered participants.

Please complete the on-line registration at http://cv.hkie.org.hk.

Email registration will not be accepted. Only successful applicants will be informed by email.

For enquiries, please contact: Miss Allison Lung via email: hkieciviltechnicalmeeting@gmail.com