Unabsorbed Home Office Overhead is the portion of home office overhead costs that are not contributed to from a project because of delay, suspension, or other reason. Often the delay damages sought by a contractor include Unabsorbed Home Office Overhead costs. These costs are sometimes referred to as Eichleay damages.
In this webinar, participants will learn:
- The definition of Unabsorbed Home Office Overhead
- How are the costs incurred?
- When and how are the costs recoverable?
- Legal considerations related to Unabsorbed Home Office Overhead
- Methods for measuring Unabsorbed Home Office Overhead damages – Eichleay, Canadian, others
About the speakers:
Rocco Vespe, PE, FCMAA, Principal at HKA - Rocco is a civil engineer with more than 40 years of construction industry experience and has been appointed as an expert on 25 occasions in delay, quantum, and technical matters. Rocco is also a CMAA Fellow.
Michael Payne, Cohen Seglias
Continuing Education:
CCM Recertification Points: 1
Professional Development Hours (PDH): 1
AIA Learning Units (LU): 1