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Meeting Summary

Date:

 Thursday, January 13th, 2022

Time:
 

 6:30 p.m. Virtual Networking

 6:45 p.m. Business Mtg/Announcements

 7:00 p.m. Technical Presentation

Please Note:  This is a Live Webinar Technical Presentation

Location: 

 MS Teams Virtual Meeting

Program:

Timing Your Time Extensions and General Conditions Cost

Speaker:

Brian J. Furniss, PE, PSP, CFCC – Principal

Point Construction Advisory Group

RSVP/Questions: 

  [Click here] to e-mail.


Technical Program:


Timing Your Time Extensions and General Conditions Cost

 Abstract: Resolving time extensions and extended general conditions are challenging issues for contractors, subcontractors, and owners. Submission timing is often key to resolving a time extension favorably, and if there is no resolution, that timing may be important to preserving one’s ability to successfully resolve a claim.


Further complicating resolution are the different methods available for quantifying extended general conditions costs and how general conditions may vary over time. Using the costs incurred during the delay period may yield very different results than using the costs at the end, or tail, of the project. This paper will provide a brief introduction on how the timing of time extensions is crucial for successful resolution of change orders and claims and will also provide recommendations for how to accurately price extended general conditions costs in various project scenarios.


Speaker:     Brian J. Furniss, PE, PSP, CFCC –

Principal at Point Construction Advisory Group


Brian J. Furniss has served the construction industry for over 20 years, analyzing complex construction projects and providing expert testimony on scheduling, delays, productivity losses, and damages. Mr. Furniss applies his expertise both during and after the construction process, focusing primarily on CPM scheduling, delay and productivity analyses, change and risk management, cost analysis, dispute resolution, and claim analysis.


Mr. Furniss is a licensed Professional Engineer (Industrial) in Florida, Texas, and Colorado, and is a Planning and Scheduling Professional (PSP), Certified Cost Professional (CCP), and Certified Forensic Claims Consultant (CFCC) with AACE International.

He is a principal co-author of the book, Construction Delays: Understanding Them Clearly, Analyzing Them Correctly, and has authored articles for construction industry publications. Mr. Furniss is an award-winning speaker, provides training and presentations to construction industry organizations, and is a Fellow with the Project Management College of Scheduling (PMCOS).

Mr. Furniss has experience on airport, bridge, commercial, entertainment, gas, oil, and plastics refinery, government, healthcare, high rise, highway, hospital, laboratory, pipeline, prison, residential, sports arena, theme park, tunnel, transit, water, and wastewater projects in the United States, U.S. Territories, Canada, United Kingdom, Middle East, Australia, and Antarctica.

RSVPs must be received on or before 5pm on Wednesday, 12-January 2022.  Your friends and colleagues are always welcome; membership in AACE is not required. In the event that you must cancel your reservation, please inform us at least 24 hours before the meeting.

Click here to RSVP before end of business day Wednesday, 01/12/2022.

Please register by Wednesday 01/12/2022, and an invitation including the Webinar link will be e-mailed to you.  For AACE members who hold professional certifications, Webinar attendance counts toward renewal points as long as online attendance for the entire presentation is verified.

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