Claims is an adjustment in schedule and /or cost due to unforeseen circumstances which are attributable to other party and not finalised in the Contract document
In projects, claims are inevitable and they are documented. They are processed, monitored as well as managed throughout the life cycle of the project and according to the terms of the Contract.
In any project, Extension of Time claims are very common and most of the claims are rejected by Owners summarily. It requires to build case for EOT from the beginning or from the time when the schedule has affected. Contractual Correspondence plays very important role in getting EOT approved.
A systematic approach and well documented claims which are presented with logical explanation make the claims go to next level of negotiations. Use of chronology of events backed by contractual correspondence in preparing claims helps in logically perusing the claim.
Explaining impact on the project using various types of delay analysis also has helped in our claim. A quantitative claim statement and negotiations with proper justifications has won most our claims.