Liability Assessments, Claims Assessments, and Construction Dispute Resolution
Construction dispute resolution: Deloitte’s Capital Projects professionals are experts in providing litigation support services and have the breadth, depth of experience, and resources to respond quickly to our client’s needs. Our claims and dispute resolution professionals have advanced degrees in engineering, quantity surveying, architecture, forensic accounting, business, law, and certified fraud examination techniques. Our claims and dispute professionals team with our clients’ and their external counsel to not only assist in the resolution of litigation and business controversy, but more importantly, to help them:
- Understand the true costs of project disputes;
- Develop a legal strategy that considers all stakeholders involved in the project;
- Provide guidance on how to commercially resolve project disputes; and
- How project disputes can be avoided at the outset.
Liability assessments: Deloitte’s Capital Projects professionals realize that no matter what economic and financial environment is currently prevailing, all companies need to have a handle on their assets and liabilities in order to unlock value going forward. Our Capital Project professionals help our clients understand how accurate and timely reporting of project liabilities can make the difference between a project being successfully completed on time and within budget, or having to deal with claims and cost over-runs. Our Capital Project professionals have assisted our clients to unlock value by determining the correct quantum of realized and unrealized project liabilities, identifying unrecorded or missing liabilities, helping clients understand the existence of time lags within their existing reporting mechanisms, and helping mitigate / rectify significant weaknesses in timely, accurate reporting for upper management which hinders management from knowing the true picture of their projects and developments..
Claims assessments: For ongoing, stalled, or cancelled projects, our Capital Project professionals have assisted clients in not only assessing the validity, adequacy, and quantum of claims, but have also performed complex analyses for Government real estate developers, contractors, and corporations including delay and damage claims, fraud investigations, unforeseen site conditions, change orders, inefficiencies, contract terminations, and project management issues.
Services include:
- Project liabilities assessments, including identification of missing / unrecorded liabilities
- Identification of significant weaknesses in project financial reporting
- Actionable / Implementable suggestions to management for rectifying and mitigating existing weakness within their current project reporting processes
- Schedule and delay analyses
- Claims assessments and damage claims calculation, including direct, indirect and impact costs
- Issue analysis including evaluating liability, causation and damages
- Provide expert witness testimony and prepare expert reports
- Total cost incurred analysis, and final close-out assistance
- Assist with alternative dispute resolution efforts including arbitration
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.