Construction Time Overruns
The actual time required to complete construction on military facilities is often greater than the time contractually specified. There are several reasons for these 'overruns' or time extensions: designer changes/errors, user changes, weather, strikes, late deliveries, etc. These time exte...
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Zusammenfassung: | The actual time required to complete construction on military facilities is often greater than the time contractually specified. There are several reasons for these 'overruns' or time extensions: designer changes/errors, user changes, weather, strikes, late deliveries, etc. These time extensions were studied by examining a sample of contracts throughout CONUS from the time period July 1967 - June 1970. Based on the 221 contracts evaluated it is estimated that for an average contract, an additional 27% of the specified construction time will be allowed as time extensions. (Author) |
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