Loss and expense

Loss and expense | 02 September 2025

What are prolongation costs? A simple explanation with examples

Construction delays are all too common, but they aren’t only an inconvenience; they also come with a hefty price tag, and with it the question of who is responsible for the costs? This is where prolongation costs come in. As a construction contractor or client, it’s important you understand what prolongation costs are and how they work because the more...

Loss and expense | 07 May 2024

What is loss and expense?

Loss and expense in the context of construction contracts refer to additional costs incurred by the contractor as a result of events or circumstances that are not attributable to the contractor but are covered under the contractual provisions. These additional costs may arise due to delays, disruptions, or changes in the scope of work that impact the contractor's ability to...

Loss and expense

What are prolongation costs? A simple explanation with examples

What is loss and expense?

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