Are you facing construction disputes? When dealing with construction contracts, you must understand the most common causes for disputes and the best strategies to resolve them. Read more: https://bit.ly/3YJPnVn #ConstructionDisputes #Contractors
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A construction claim is a demand for additional compensation, time, or both, due to perceived or actual breaches of a construction contract. Clear terms and conditions in construction contracts play a crucial role in preventing such disputes. Read more about construction claims and how to avoid them: https://hubs.li/Q030nsP80
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To avoid disputes, what things need to be regulated in a contract of construction work?
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Tired of coming across one-sided provisions in construction contracts? Check out these top 5 unfair provisions and corresponding negotiation tactics between owners and contractors: https://t.co/Z0I5451iwf #AIAcontracts #RiskManagement
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Claims in construction contracts often arise from factors like scope changes, unforeseen site conditions, delays, and miscommunications. Understanding these reasons is crucial to prevent costly disputes. Keep an eye out for common warning signs such as ambiguous contract terms, inadequate project planning, inconsistent documentation, and lack of stakeholder alignment. By addressing these issues proactively, project teams can mitigate risks and ensure smoother project execution. Jinoy Viswan FIE, CEng, PMP, ACIArb, Dip Arb (Cand.),
Delivering Successful EOT Claims & Unlocking Full Contractual Entitlements | Protecting Contractors from Penalties | CEO @ Aegis | Three Decades in Contract Management, Delay Analysis & ADR Support
Why do claims occur in construction contracts? Understanding the reasons behind claims in construction projects can aid in averting expensive disputes. Keep an eye out for these common warning signs. #Contracts #ConstructionClaims #EOT #ContractManagement
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Why do claims occur in construction contracts? Understanding the reasons behind claims in construction projects can aid in averting expensive disputes. Keep an eye out for these common warning signs. #Contracts #ConstructionClaims #EOT #ContractManagement
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You don’t want subcontractors playing the blame game on each other for the outcomes of their respective work, so you better have a system in place and a construction contract that has a clause to make sure that there are no disputes! #constructioncontract #construction #contracts
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Understanding the Claims Clause: Key to Contract Success Navigating construction contracts? Don't overlook the claims clause! 🚧 Drew Colby breaks down this crucial component, highlighting its potential pitfalls for both owners and trades. Key Takeaways: 1. Defining Changes: Clarify if the work is a change or part of the original scope. 2. Notice Timing: Know when to give notice to avoid invalid claims. 3. Consequences of Late Notice: Understand the penalties for missing notice deadlines. 4. Notice Requirements: Ensure clarity on what notice must include and acceptable delivery methods. A thorough review during contract negotiations can save time, money, and headaches down the road. Read the full article: https://buff.ly/3ZPFnMD
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"Struggling with construction claim delays?" Construction projects are dynamic, and variations or delays are almost inevitable. But these events can quickly lead to claims if handled improperly. In this second video, we’re breaking down essential strategies for understanding your entitlements and maintaining a strong negotiating position. See how following the contractual process and knowing your rights can turn potential disputes into opportunities for fair resolution. Watch Video 2: Navigating Claims in Construction Projects and strengthen your approach! #ConstructionClaims #ProjectManagement #ContractorEntitlement
Negotiating claims: Importance of Entitlement and Contractual Compliance
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Do you wish to terminate a construction contract? Some contracts include a termination-at-will clause, meaning one party can stop the agreement at any time for any reason. If your contract does not have this, ending it can be more difficult. Read more: https://bit.ly/3ZTqI18 #Construction #Contracts #Disputes
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Terminating construction contracts for breach of progress obligations – key questions We are often asked to advise clients on whether and how a termination can be made arising out of delay (or whether an attempted termination was valid). In this short note, Sam Mullender and I provide some practical tips in response to frequently asked questions. https://lnkd.in/dkET5egt
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