Disputes are unfortunately quite common in the construction industry. Disputes not only delay construction projects, but they also adversely impact the financial viability of the project, leading to delays and troubled relationships. But all these can be avoidable to a certain extent. Before we dwell upon strategies to settle disputes, we must understand why a claim is raised.
A claim is a request for compensation not anticipated in the terms of the contract signed by parties. These claims can be a result of disagreements over timelines, performance, or any deviation from the original contract terms.
Maintaining good business relations is essential for all parties. Moreover, construction disputes can cost your business valuable time and money if they are not resolved quickly. As one of the leading dispute resolution service provider, we share useful insights on ways to settle construction disputes:
In the construction sector, time and money is of great essence. We, at Contract Square Pvt ltd, have dispute resolution experts on board who can help your construction company with contract management and dispute resolution. Our contract experts review and continuously monitor and evaluate to ensure perfect execution within the project scope. In case disputes arise, our dispute resolution experts help to carry out negotiations to ensure the financial viability of the project for our client. Call us at 9051739355 to know how we can help you.