Posted December 24, 2022 at 11:36 am by royshivani
Constructions claims
Construction claims are a formal request for additional time or compensation that arise during the course of a construction project. These claims may be made by either the contractor or the owner, and they can be related to issues such as delays, changes in the scope of work, or additional expenses that were not accounted for in the original contract.
There are several types of construction claims, including:
- Time-related claims: These claims involve requests for additional time to complete the project due to unforeseen circumstances, such as weather delays or changes in the scope of work.
- Cost-related claims: These claims involve requests for additional compensation due to additional expenses incurred during the project, such as material price increases or the need for additional labor.
- Disruption claims: These claims involve requests for compensation due to disruptions to the project schedule caused by the owner or other parties.
Construction claims can be resolved through negotiation or through legal proceedings, such as arbitration or litigation. It is important for both parties to carefully document the basis for the claim and any supporting evidence in order to ensure a fair resolution.
http://theseacity.com/construction-claims.php