Tag: construction
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What is a Construction Claim? Answers from an Expert
Construction claims are defined as the failure to fulfill obligations of a contract by either party. The injured party (claimant) gives a notice for breach of the contract to the defending party (defendant) specifying the nature of the breach. Section 15.1 of the American Institute of Architects requires all construction contracts to outline the requirements…
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Construction Legalities: How to Allocate Risk to Various Parties
Summary: Drafting a well thought-out contract can result in minimizing damages and losses when a claim arises. The success of a construction project depends largely on how owners, contractors, lenders, or subcontractors address project risks. Now, this is what is called “risk management” in construction terms. Now, one of the major factors of risk management…
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Tips to Build a Successful Mediation Practice
Article written by Western Homes Maybe you were an attorney, a construction expert witness, consultant or worker looking for a new opportunity. Mediation can be that opportunity for the right person. In many cases, you can enter non-degree programs that train you in arbitration. The key concept is to already have some involvement in construction…