Understanding What Sums Properly Due JCT Design & Build Contract Part 2 - Loss & Expense
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By the end of this course, you should be able to:
- Understand the correct and proper ways in which direct loss and expenses are reimbursed through DB16.
- Outline the logic and workflow for the ascertainment of loss and expenses and the alternative procedure using supplemental provision 2 estimate.
- Understand what item may be claimed for under loss and expenses.
- Explain the effect and consequence that fluctuations may have on the contract sum under DB16.