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This paper is intended to be a fairly straight forward explanation of how to perform Eichleay formula calculations.
The Eichealy Formula is widely used as a method of calculating home office overhead damages in construction delay cases.
This component of delay damages often accounts for a very large portion of the amounts claimed.
It is not a definitive text on calculation of delay damages.
There are normally many components to consider when calculating delay damages and the Eichleay formula deals with only one of these components.
The worksheet can be in the same workbook or a different workbook.