Calculation of Damages in Construction Arbitration
ECONOMY & POLICY

Calculation of Damages in Construction Arbitration

In construction disputes, claims for damages arising out of delay and prolongation often involve components such as head-office overheads, loss of profit and other indirect costs that are inherently difficult to quantify with precision. 

In such circumstances, tribunals and courts have, over time, accepted formula-based approaches such as the Hudson, Emden and Eichleay methods as tools to estimate such losses. 


In construction disputes, claims for damages arising out of delay and prolongation often involve components such as head-office overheads, loss of profit and other indirect costs that are inherently difficult to quantify with precision. In such circumstances, tribunals and courts have, over time, accepted formula-based approaches such as the Hudson, Emden and Eichleay methods as tools to estimate such losses. To read the full article Click Here

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