An Overview of Loss and Expense under JCT SBC 2024
An Overview of Loss and Expense under JCT SBC 2024
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Having looked at extensions of time for Relevant Events, we now move on to look at how the Contractor may claim for loss and expense for Relevant Matters.
Loss and expense occurs in a number of ways and is not limited to events which delay completion. It is important to understand that “disruption” costs, which occur when progress is affected but not to the point of delaying completion, are also claimable.
Accreditations & CPD
Accreditations & CPD
This course provides structured Continuing Professional Development (CPD). Recognition of CPD is subject to individual professional body requirements and the learner’s role. This course is not formally accredited unless explicitly stated.
Suitable for CPD requirements of RICS, CIOB, ICE, and CICES members.
Learning Outcomes
Learning Outcomes
After completing this module, you should:
• Know how to commence a claim for loss and expense
• Understand how the claim is assessed
• Know what the Relevant Matters are
• Understand how any amount assessed are paid
About the Author
About the Author
This course is produced by Built Intelligence, in association with Michael Bennett.
Michael is a solicitor and adjudicator with over 15 years of experience. He specialises in engineering and construction disputes, with a particular focus on highly technical matters and has advised on projects across almost every sector, including power, rail, road, pharmaceutical, oil and coastal defence.
