Basis of Settlement
As cautious and meticulous as product manufacturers can be when engineering and manufacturing a construction product, there are inevitably some instances when the product goes to market with a defect. As a trusted industry resource for construction costs, RSMeans provides court approved cost calculators that determine the replacement value and/or compensation for individuals in class action product failure cases. The cost calculators are used in the early stages of a case to quantify the potential case damages, as well as supply a neutral tool for claimants to calculate their settlement in the final settlement phase.
Eminent Domain
Disputes often arise over the fair market value of planned or completed additions/renovations that potentially change the value of a building. RSMeans has and continues to provide legal consulting services in eminent domain cases where the value of the building is disputed. RSMeans estimates the additions/renovations to provide a neutral assessment of costs.
Litigation Support
The construction and legal industry have relied on RSMeans engineers, averaging 30+ years of field experience and cost engineering, to provide objective assistance to evaluate cost disputes, identify product failures vs. installation failures and, if needed, provide expert witness testimony. In instances when a case does make it into the hands of the court, expert litigation support is often required to assist in the deliberation processes.
To learn more about how RSMeans' Legal Resources can be applied to your need, contact Laura Dempsey, RSMeans Consulting Director.