Law Firms Chicago

What are Cost Overruns in a Construction Dispute?

Cost overrun cases can be simply where the agreement specifies a lump sum for the work. More complex cases present issues regarding the scope of the work originally designated, extra work orders, interference from other parties, unanticipated conditions, or the good faith of the contracting parties. Cost plus, time, and materials agreements require different approaches. Cost overrun cases necessitate a close review of the agreements and the documents relating to the work done and payments made. In our next blog post, we will cover delay claims. Stay tuned for more information on construction litigation.

Before you contact an attorney, collect all necessary documents related to the potential case. This could be documents related to work done, payments made, all correspondence, and facts to legitimize any claims. If you think you have a construction dispute, contact an attorney with a strong track record in the area. Our attorneys handle construction disputes, extra work orders, field changes, delay damage claims, and mechanics liens.

To discuss your construction dispute, call us at (312) 223-1699 or click here.

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