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CLAIMS - EOT - Lecture 5&6

The document discusses the complexities of float ownership in construction projects, presenting arguments for the contractor, client, and joint ownership. It emphasizes that the first party to utilize the float typically owns it and highlights the implications of float ownership on project delays and compensation. Clear contract provisions are recommended to avoid disputes regarding float ownership.

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sharoon2014
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13 views17 pages

CLAIMS - EOT - Lecture 5&6

The document discusses the complexities of float ownership in construction projects, presenting arguments for the contractor, client, and joint ownership. It emphasizes that the first party to utilize the float typically owns it and highlights the implications of float ownership on project delays and compensation. Clear contract provisions are recommended to avoid disputes regarding float ownership.

Uploaded by

sharoon2014
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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DELAY ANALYSIS

&
EOT CLAIMS

LECTURE 5

E.MOHAMED HUSSIEN
Senior Project Controls Engineer

1
Concurrent delays/concurrency

Fragnet

Who owns the float

Disruption

Employer risk event

Contractor risk event


2
WHO OWNS THE FLOAT

3
Who owns the float? It is a question
that you probably will not find a
definite answer for

There is no one answer to the question

4
• CONTRACTOR
• OWNER/CLIENT
• PROJECT

5
• The ‘contractor owns the float’
argument

should the contractor own the float, then he


can control the time and sequencing of work
items not on the critical path

float” is a resource best utilized by


the contractor

6
Some industry insiders insist that
if the contract does not specify who
owns the float
it belongs to the contractor
because the contractor should have the right
to control its work

7
• The ‘client owns the float’ argument

• the client has paid for the project


• The client should be able to control the
float to reduce costs and control progress
• the contractor has developed the
schedule for the client’s benefit

8
The ‘project owns the float’
argument/joint ownership of float

The majority view says that the first party to


use the float owns it

9
END OF PART 1

10
LECTURE 6
WHO OWNS THE FLOAT
PART 2

11
Regardless of who owns the float, the
first question to ask is: what
are the implications of such ownership

12
Any delay or disruption
of that activity by the owner could
entitle the contractor to
compensation
for any additional costs of
delaying
performance of that event even
though
it does not delay completion of the
project 13
If the owner owns the float, it can
require that the contractor
perform additional work
that is not on a critical path
without extending the original
contract's deadline and without
paying additional compensation to
the contractor

14
As with many construction
issues, the ownership of the
float is a matter which can be
clearly settled by a specific
contract provision

15
How to mention the float in the
contract

16
CONCLUSION

If it is not mentioned in the contract who


owns the float

The first party to use the float owns it

17

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