Rick is an expert in the preparation and analysis of claims, the evaluation of impacts, and the calculation of damages. He’s also an expert in the identification, analysis, and management of contract risks. He has hands-on experience with the pros, cons, pitfalls, and advantages of every project delivery method including lump sum, cost reimbursable, guaranteed maximum price (GMP), design-build, design/build/operate/maintain (DBOM), public private partnerships (PPP), FIDIC (Federation Internationale Des Ingenieur-Conseils), joint ventures, and consortiums.
Having been a senior-level manager for contractors, owner’s representatives, and A/E firms, Rick provides valuable insight from the perspective of each of the stakeholders. He is a recognized expert on guaranteed maximum price contracts, and has advised and trained owners, A/Es, and contractors in the proper administration of GMP and other CM-At-Risk contracts. He has performed close-out audits and helped parties resolve lingering disputes on GMP and other alternative project delivery and procurement methods Rick has testified as an expert witness for arbitration panels throughout the country, and has been deposed in state and Federal court cases.
Rick’s considerable experience includes some of the world’s largest and most complicated construction projects. Project types he has worked on include casinos, hospitals, prisons, educational facilities, commercial buildings, theme parks, and high-rise buildings, as well as highways, transit systems, power plants, and lock and dam projects.
Rick has participated in the management of numerous joint ventures, and leverages this experience to help clients establish and successfully administer joint venture agreements. He works with clients, giving practical up front advice regarding the challenges of joint venturing, including issues that can arise regarding cash calls, non-cash contributions, management fees, default provisions and the adjustment of proportionate shares, equipment ownership and rentals, tax and financial reporting, and working effectively with joint venture partners. Rick has also testified on the proper administration of these contracts during disputes between joint venture partners.
Rick has also assisted in due diligence reviews associated with mergers and acquisitions of construction firms, and provided training to industry audiences on topics that include construction claims, delay analysis, construction project management, construction joint ventures, highway claims, construction project delivery systems, and the pitfalls of GMP contracting.
He also served as an adjunct professor teaching construction law and government regulation at Wentworth Institute of Technology in Boston.