Concurrent delay occurs when two or more independent delay events affect the critical path during the same time period, with at least one caused by the owner and at least one caused by the contractor. The classic example: the owner is late on a design RFI response while the contractor is also behind on a different critical activity. Both delays would extend the project independently. The question is how to allocate responsibility.
Most jurisdictions follow some version of the rule: time is granted but money is not. The contractor gets a non-compensable time extension (no liquidated damages) but cannot recover its delay damages because its own concurrent delay would have caused the same delay anyway. Establishing concurrency requires solid baseline scheduling and contemporaneous schedule updates that show what was actually on the critical path on each day in question. This is why baseline integrity matters so much.