In any industry, outside influences can interrupt progress, which then will make it almost impossible to work within the timeframe or budget set forth in a contract. When this happens in the offshore oil industry, various parties within the contract may have just cause to file a claim for losses.
Here at the Kenzie Group, our consultancy team has extensive knowledge and experience within the energy sector. We provide cost-effective solutions for resolving claims resulting from delays.
Based on years of experience within the industry, our services are aimed at both ongoing project management as well as the successful resolution of offshore oil platform claims.
The process for submitting any claim should begin with the expert delay analysis of grounds for delay. As a chartered quantity surveyor, our managing director, Joseph Bond, is at the head of his field.
A claim is only valid if it can be substantiated and this service is what the team at the Kenzie Group are experts at providing. A quantified analysis of any losses is the evidence you need, which is why it is vital that you work only with well-established names in the industry.
That would be the Kenzie Group.
Any time there is a need to prolong work beyond the agreed upon timeframe, as set forth in the legally binding contractual agreement, all parties are at risk of sustaining substantial financial losses. If delays aren’t forecast in a contract, there could arise a dispute as to who carries the losses.
In offshore oil platforms, any number of delays could result in prolongation. These delays could be environmental or even geopolitical. In such cases, no single party to the claim can probably be held at fault.
Here again, it would take the services of a highly qualified and experienced chartered quantity surveyor to mediate an agreement mitigating losses to all involved.
An unforeseen delay typically results in the need for an extension of time, making it necessary to recalculate the ROI. That delay and the resulting EoT could result in significant financial losses.
The team at Kenzie Group, under the leadership of chartered quantity surveyor, Joseph Bond, seek to mitigate losses.
We are more than experts in claims management and our construction consultancy is geared to help you realise the highest ROI, even when your project is delayed or extended.
THINKING OF SUBMITTING A PROLONGATION CLAIM?
Try our 3-step calculator to see how much your claim could be worth.