Thanks to everyone that attended last week’s Lunch & Learn on preparing claims. We had some great discussion from both the ranks of general contractors and subcontractors.
For those of you that missed the meeting or didn’t pick up the handout, A Winning Procedure to Develop a Request for Compensation, send me an e-mail and I’ll send it to you. My e-mail address is firstname.lastname@example.org.
In a nutshell, to develop a winning request for compensation, you must:
- Select the Right Team
- Identify the Issues
- Review the Contract
- Come Up with a Plan
- Review the Schedule
- Review ALL Job Docs, including change orders and correspondence
- Review Costs
- Determine Legal Entitlement
- Determine Funding Source
Submitting a claim is always difficult, but if you have a procedure in place, it can make the process easier and more successful.
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