Hudson Formula

For the formula relating to the stability of breakwaters, see Hudson's equation.

The Hudson Formula derives from Hudson's Building and Engineering Contracts and is used for the assessment of delay damages in construction claims.

The formula is:

(Head Office overheads + profit percentage) ÷ 100 x contract sum ÷ period in weeks x delay in weeks

The head office overheads and profits percentage is that which would have been submitted in a tender.[1]

A claimant must prove a necessity to maintain resources on the project and an inability to re-allocate them to more profitable work and must give evidence of the processes within the head office to enable an assessment of the portion of overheads, if any, that are attributable to the delay caused by the breach.[2]

In the alternative Emden Formula, only the actual head office overheads percentage is used.[3]

References

  1. ^ http://www.scl.org.uk/files/SCL_Delay_Protocol_Reprint.zip Archived 2013-08-19 at the Wayback Machine UK Society of Construction Law, Delay & Disruption Protocol October 2002, p57
  2. ^ http://www.austlii.edu.au/au/cases/nsw/supreme_ct/2001/192.html at [227]-[228]; http://www.austlii.edu.au/au/cases/wa/WASC/2004/134.html at [16]; http://www.austlii.edu.au/au/cases/nsw/supreme_ct/2005/714.html at [142]
  3. ^ http://www.scl.org.uk/files/SCL_Delay_Protocol_Reprint.zip Archived 2013-08-19 at the Wayback Machine UK Society of Construction Law, Delay & Disruption Protocol October 2002, p57


Stub icon

This law-related article is a stub. You can help Wikipedia by adding missing information.

Content Disclaimer

Informasi ini disarikan dari Wikipedia dan disajikan kembali untuk tujuan edukasi. Konten tersedia di bawah lisensi CC BY-SA 3.0. Kami tidak bertanggung jawab atas ketidakakuratan data yang bersumber dari kontribusi publik tersebut.

  1. The information displayed on this website is sourced in part or in whole from Wikipedia and has been adapted for the purpose of restating it. We strive to provide accurate and relevant information, however:
  2. There is no guarantee of absolute accuracy. Wikipedia is an open, collaborative project that can be edited by anyone, so information is subject to change.
  3. It is not intended to constitute professional advice. The content displayed is for informational and educational purposes only. For important decisions (e.g., medical, legal, or financial), please consult a professional.
  4. Content copyright. Wikipedia is licensed under the Creative Commons Attribution-ShareAlike License (CC BY-SA). This means that content may be reused with appropriate attribution and shared under a similar license.
  5. Responsible use. Any risk arising from the use of information from this website is entirely the responsibility of the user.