PLAY RECORDING

Overview:

Calculating lost profits in a construction dispute is an important factor to prove and recover claims of lost profits damages. However, this process presents a wide array of complexity and challenge for both parties as it requires thorough and accurate analyses of evidence presented. The implementation of an appropriate calculation methodology must also be carefully considered.

With the risk issues associated with lost profits calculation, it is becoming more substantial for construction businesses and their counsel to be well equipped with a practical guide and the best practices to guarantee accurate calculation and ensure lost profits recovery.

In this LIVE Webcast, Robert McDonald, Director at Berkeley Research Group, will provide a practical guide on how to calculate lost profits in construction claims. As an expert, Robert will also address important issues affecting construction dispute management and resolution.

Some of the major topics that will be covered in this course are:

  • Construction Claims – Recent Trends and Developments
  • Notable Court Rulings
  • Common Risks and Pitfalls
  • Practical Tips and Strategies in Calculating Lost Profits
  • Outlook

Learning Objective:

  • Determine construction claim methodologies, tools, and best practices

Credit:

Course Level:

Intermediate

 

Advance Preparation:

Print and review course materials

 

Method of Presentation:

On-demand Webcast (CLE); Group-Internet Based

 

Prerequisite:

General knowledge of lost profits calculation

 

Course Code:

148634

 

NY Category of CLE Credit:

Areas of Professional Practice

 

NASBA Field of Study:

Accounting – Technical

 

Total Credit:

1.0 CLE

1.0 CPE (Not eligible for QAS (On-demand) CPE credits)


How to Claim CLE Credits Per State:

https://knowledgewebcasts.com/how-to-claim-cle-credits-per-state/


CLE State Requirements:

https://knowledgewebcasts.com/cle-state-requirements/

Speaker:

Robert McDonald, CPA, CFA, CGMA, CFF, Director
Berkeley Research Group, LLC

Mr. McDonald is a Director in Berkeley Research Group’s (BRG) Government Contracts Consulting Practice. He has over 20 years of consulting experience in both government contracting and commercial industries. His industry expertise includes work with major contractors in the aerospace & defense, construction, professional services, manufacturing, business services, information technology, telecommunications, biotech, as well as grant and cooperative agreement recipients in the not-for-profit and NGO fields.

Mr. McDonald focuses on cost recovery, profit maximization, and risk management engagements involving government contract. Specifically, Mr. McDonald’s experience spans the entire lifecycle of government contracting accounting, finance, administration and compliance related matters, including contractor litigation and investigation support.

Agenda:

Robert McDonald, CPA, CFA, CGMA, CFFDirector

Berkeley Research Group, LLC

  • Construction Industry Overview and Characteristics
  • Types of Construction Claims and Supporting Theory
  • Construction Claim Methodologies, Tools and Practical Tips for Claim Quantification
  • Common Claim Risks and Best Practices
  • Construction Dispute Avoidance and Current Outlook

Date & Time:

Monday, January 25, 2021

12:00 pm to 1:00 pm (ET)

Materials:

Download Course Materials

Who Should Attend:

  • Construction Industry Attorneys
  • General Counsel
  • Forensic Accountants
  • Damage Experts
  • Construction Business Executives

SPEAKER

Robert McDonald, CPA, CFA, CGMA, CFFDirector
Berkeley Research Group, LLC

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