Case Studies
J.S. Held Acquires Technorm, Québec’s Leading Forensic, Building Safety & Compliance Experts
Read MoreA fire occurred on the site of a mixed-use apartment and retail building that was under construction. The fire initiated in the lower part of the structure and quickly spread across the entire building, burning it to the ground.
An insurance company engaged J.S. Held for support regarding our construction insurance claims services. Our team arrived at the site promptly and aided in determining the scope of the damage as well as the exposure. We quantified hard costs and evaluated the time-related elements, expenses, and general conditions of the remaining structure. Our team partnered with the insured’s general contractor to ask key questions and keep information transparent and all parties accountable.
A structural engineer in our Forensic Architecture & Engineering practice was also engaged. This expert assessed the remains of the cement foundation and skillfully advised what could be salvaged, repaired, or replaced.
Our forensic accounting team was engaged to quantify the business interruption and soft costs.
Andrew Hennemuth
Senior Managing Director
Builder's Risk Practice
+1 202 765 2933
[email protected]
Aubrey Shea
Executive Vice President | Practice Lead
Forensic Accounting – Insurance Services
+1 267 318 4996
[email protected]
> Construction Insurance Claims Services
We have a dedicated team of experts that have consulted on and testified in complex matters involving buildings and infrastructure that have been damaged during the course of construction. Our team of global experts calls upon decades of technical field experience working for many of the largest commercial contractors in the world. We have specialized expertise in delay analysis, schedule review, construction contract interpretation, repair cost review, and estimating.
> Structural Engineering
Our team is composed of civil and structural engineers who specialize in forensic investigations, repair scopes, code upgrade/compliance evaluations, and repair plans. We provide detailed forensic analysis of property and infrastructure damage by leveraging our understanding of the built environment and the impact of wind, water, fire, deterioration, construction defects, and outside forces.
> Business Interruption / Lost Profits
We provide specialized expertise in the quantification of damages related to claims and disputes involving business interruption and lost profits. Our team combines their financial expertise and diverse backgrounds to effectively evaluate the insured's/claimant's operations and industry/market-specific factors, to quantify interruptions and lost profits.
> Delay in Start Up (DSU) & Soft Costs
Our forensic accountants leverage the technical expertise of our Building Consultants, Construction Advisory Practice, Surety Practice, and Builder’s Risk (CAR/EAR) Practice to track the incurred hard costs associated with the project during the period of restoration, quantify the cost of repair, identify and calculate Soft Costs, and determine any business interruption losses.