Volume : 5, Issue : 6, June - 2016

Claims and Dispute Resolution in Construction Industry

Abhijeet Kishore, Monika

Abstract :

<p>&lt;p&gt;&amp;nbsp;Construction industry is one of the major contributors to the development of a nation. The recent developments and trends in construction industry have marked the beginning of a new phase. Traditional methods are being transformed and developed to make them more efficient and effective. Similar transformations have been introduced into construction contracts to achieve better and faster rate of construction. The growing demands of construction industry have given rise to more disputes, delays and consequently more claims. This paper addresses the claims in the construction industry from the view point of types of claims and their statistical patterns. The paper also highlights guidelines to avoid claims and methods of dispute resolution in construction industry&lt;/p&gt;</p>