July 27, 2021
Construction Executive published an article by Assurance Partner Robert Mercado, about understanding the Eichleay Formula and recovering compensation from project delays.
Construction Executive
By Robert Mercado, Partner, Assurance Services
Excerpt:
The Eichleay formula consists of… total billed on the delayed project; total billed for contract period; total overhead for contract period; days of performance; and number of delay days.
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