Construction Cost Analysis


CONSTRUCTION COST ANALYSIS

Over the course of long-term projects, inflation of material prices often results in disputes between owners and contractors. Material and labor escalation clauses can be used as contractual tools to account for pricing adjustments due to changes in prices of materials, while forensic material escalation analysis can be performed to retroactively quantify material cost adjustments in a manner equitable to both owners and contractors.

Using various pricing indexes and historical data, DP3 can construct historical pricing profiles for construction materials. Our material escalation analysis is often a helpful tool in conjunction with the following services:

• Contract administration
• Construction cost estimating
• Mediation and arbitration support
• Litigation support

Material escalation analysis is an objective tool for dispute avoidance and claims mitigation if used proactively and is an objective tool for dispute resolution if used forensically. It can also be combined with a revised cost forecasting for an ongoing project to avoid further disputes. DP3 is equipped and experienced to provide material escalation analysis to support total project forecasting. Material escalation analysis can play a pivotal role proactively in the drafting of contract documents as well as forensically in the expert reports and witness testimony provided for litigation support.



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For this reason, the most sophisticated Hospitality, Resort, Real Estate and Healthcare brands turn to us to provide seamless delivery and flawless project execution.

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