There are as many variations to the methods of calculating losses in the world of construction claims as there are people/companies do the calculations. But, they are all variations of the three basic damage calculation methods. Courts and arbitrators much prefer the discrete or detailed method(s) over less detailed approaches such as Total Cost and Modified Total Cost. This is because causal links can be shown and root cause can be exposed and eveluated. However, there are times when no method of segrigating and evaluation issue-level impacts is an impossability or at least very impracticle. The three basic methods are shown below:
These three methods are discussed in more detail on the following pages:
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