What is the eichleay company known for? The Eichleay company is noted for being the namesake of a formula used for pricing federal change orders and/or dispute claims. In 1954, Eichleay was under contract for the construction of three NIKE missile sites in Pennsylvania. The government changed the scope of work, resulting in change orders.What is the eichleay formula used for? The Eichleay formula was established following a decision of the Armed Services Board of Contract Appeals in Eichleay Corporation, ASBCA No. 5183, 60-2 BCA 2688 (1960), used to calculate home office overhead. In 1984, the Federal Circuit held that the Eichleay formula was the most appropriate method of allocating home office overhead.What is the eichleay formula in construction delays? The Eichleay Formula is one of the most used calculations when computing home office extended overhead damages in construction delay claims.What is home office overhead in eichleay? Home-office overhead has been described as the “costs that are expended for the benefit of the whole business, which by their nature cannot be attributed or charged to any particular contract.” [iii] Costs that are directly attributable to a job are direct costs and are not included in the Eichleay analysis.