• Stakeholder Perspectives on Construction Contracts and Claims

    Stakeholder Perspectives on Construction Contracts and Claims

    Contract claims result from a wide variety of issues that arise throughout the lifecycle of construction projects. Conflicts and dispute should be resolved expeditiously to avoid additional costs and delays that adversely affect profitability. Contract errors, inaccurate estimates, changing conditions, and stakeholder involvement account for the majority of problems. Claim management procedures address issues with…

  • Analysis of Legal Responsibilities in Joint Ventures

    Analysis of Legal Responsibilities in Joint Ventures

    Joint Ventures combine the expertise and resources of multiple parties to perform construction projects. Contract agreements between owners, architects, engineers, and contractors must clearly define the scope of work along with the roles and contributions of each party. The terms must be negotiated, agreed upon, and enforceable. New technologies and the collective experience provide opportunities…