Hi,
Just not to high-jacked the other thread "Ownership of Float", I start this one.
Since M.Duce mentioned it in the other thread, I would like to know more about Prolongation Cost.
My understanding initially there is
1)A Contract
2)Delay - could be due to Variations or others
3)EOT Claim
4)Assessment of EOT Claim
5)Asssessment of ownership of Float
What is Prolongation Cost & how is defined?
Can’t we use the priced preliminaries in the Bill?
Just not to high-jacked the other thread "Ownership of Float", I start this one.
Since M.Duce mentioned it in the other thread, I would like to know more about Prolongation Cost.
My understanding initially there is
1)A Contract
2)Delay - could be due to Variations or others
3)EOT Claim
4)Assessment of EOT Claim
5)Asssessment of ownership of Float
What is Prolongation Cost & how is defined?
Can’t we use the priced preliminaries in the Bill?