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A platform for research: civil engineering, architecture and urbanism
Unabsorbed Overhead: Eichleay and Other Methods
The technique for calculation of home office overhead damages, a claim category on construction projects, has been widely debated. The Eichleay Formula is a well known technique for such claims that evolved over the past 48 years. This paper provides concepts of compensable home office overhead damage due to a project delay, the evolution and required prerequisites for using the Eichleay formula, and alternate formulas and techniques used. A "Direct Method" is proposed, which is simpler to apply. In the final analysis, obtaining a 100% accurate estimate of home office expenses is impractical, if not infeasible.
Unabsorbed Overhead: Eichleay and Other Methods
The technique for calculation of home office overhead damages, a claim category on construction projects, has been widely debated. The Eichleay Formula is a well known technique for such claims that evolved over the past 48 years. This paper provides concepts of compensable home office overhead damage due to a project delay, the evolution and required prerequisites for using the Eichleay formula, and alternate formulas and techniques used. A "Direct Method" is proposed, which is simpler to apply. In the final analysis, obtaining a 100% accurate estimate of home office expenses is impractical, if not infeasible.
Unabsorbed Overhead: Eichleay and Other Methods
Singh, Amarjit (author) / Taam, Thomas (author)
Construction Research Congress 2009 ; 2009 ; Seattle, Washington, United States
Building a Sustainable Future ; 181-190
2009-04-01
Conference paper
Electronic Resource
English
Unabsorbed Overhead: Eichleay and Other Methods
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