{"id":4933,"date":"2021-01-12T18:52:45","date_gmt":"2021-01-13T02:52:45","guid":{"rendered":"https:\/\/essential.construction\/files\/?post_type=product&#038;p=4933"},"modified":"2021-01-12T18:52:45","modified_gmt":"2021-01-13T02:52:45","slug":"crystal-ball-of-construction-claims-and-disputes","status":"publish","type":"product","link":"https:\/\/essential.construction\/files\/information\/white-papers\/crystal-ball-of-construction-claims-and-disputes\/","title":{"rendered":"Crystal Ball Of Construction Claims and Disputes"},"content":{"rendered":"<p>Construction projects over the past few decades have become<br \/>\nincreasingly complex. As a result disputes2 have grown in direct<br \/>\nrelation to the size and complexity of projects. One recent study<br \/>\nreported that the value of the average dispute in the United<br \/>\nStates is approximately $34.3 million.3 A slightly older survey<br \/>\nof claims and disputes determined that in the 2009 \u2013 2011<br \/>\ntimeframe there were 65 international contract arbitrations in<br \/>\nwhich at least US$1 billion was in controversy.4 The amounts in<br \/>\ncontroversy ranged from US$1 billion to US$20 billion.5 The total<br \/>\nvalue of these 65 disputes was US$174.8 billion with the median<br \/>\nvalue being US$2.73 billion.<\/p>\n<p>One key to delivering a dispute free project is the early<br \/>\nidentification of potential claims and disputes. Disputes cannot<br \/>\nbe avoided by simply drafting and issuing a contract that<br \/>\nattempts to shift all risk of delays and costs to the contractor.<br \/>\nContractors and their legal counsel will likely find some way<br \/>\naround such contract terms. As the old saying goes, \u201cwhat one<br \/>\nman can invent another man can circumvent\u201d.6<br \/>\nBefore owners and contractors can deal with a dispute both<br \/>\nmust recognize that one is in the offing. Experience shows<br \/>\nthat the parties to a contract are often in a dispute long before<br \/>\nthey realize it. The Navigant Construction Forum\u2122 believes that<br \/>\nthe keys to successful dispute resolution are (1) to recognize a<br \/>\npotential dispute as it starts and (2) to take appropriate action<br \/>\nto resolve whatever the issue is. Waiting, in the hope that the<br \/>\ndispute will resolve itself rarely, if ever, succeeds. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>How to forecast construction claims and disputes on a construction project.<\/p>\n","protected":false},"featured_media":4934,"comment_status":"open","ping_status":"closed","template":"","meta":[],"product_brand":[],"product_cat":[961],"product_tag":[971,976,977,978,34],"class_list":{"0":"post-4933","1":"product","2":"type-product","3":"status-publish","4":"has-post-thumbnail","6":"product_cat-white-papers","7":"product_tag-claim","8":"product_tag-construction-claims","9":"product_tag-disputes","10":"product_tag-forecasting","11":"product_tag-schedule","12":"","13":"woocommerce-text-align-left","14":"woocommerce-image-align-center","15":"member-discount","16":"discount-restricted","18":"first","19":"instock","20":"downloadable","21":"virtual","22":"sold-individually","23":"product-type-simple"},"_links":{"self":[{"href":"https:\/\/essential.construction\/files\/wp-json\/wp\/v2\/product\/4933","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essential.construction\/files\/wp-json\/wp\/v2\/product"}],"about":[{"href":"https:\/\/essential.construction\/files\/wp-json\/wp\/v2\/types\/product"}],"replies":[{"embeddable":true,"href":"https:\/\/essential.construction\/files\/wp-json\/wp\/v2\/comments?post=4933"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/essential.construction\/files\/wp-json\/wp\/v2\/media\/4934"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/files\/wp-json\/wp\/v2\/media?parent=4933"}],"wp:term":[{"taxonomy":"product_brand","embeddable":true,"href":"https:\/\/essential.construction\/files\/wp-json\/wp\/v2\/product_brand?post=4933"},{"taxonomy":"product_cat","embeddable":true,"href":"https:\/\/essential.construction\/files\/wp-json\/wp\/v2\/product_cat?post=4933"},{"taxonomy":"product_tag","embeddable":true,"href":"https:\/\/essential.construction\/files\/wp-json\/wp\/v2\/product_tag?post=4933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}