Why do construction claims arise within the project? What happens when claims are filed? What are the costs involved? Here are some answers to some questions that you might have about construction claims.
Companies heed the advice of construction claims management services primarily because of their legal knowledge as well as experiences with dealing all types of cases in the construction industry. Rarely things end up going smoothly during a construction project. Most times, claims are made because of delays or money. A breach of contract or changes made within the contract is another common occurrence. Finances can be an issue as well as communication coming from the headquarters to the workforce. It’s no wonder that claims are common.
While you would think that all claims have to deal with a party seeking financial compensation from the employer, some claims actually are filed for an extension of time to the completion. Ultimately, when it comes down to it, pushing the finish date will result in the employer shelling out more money.
The employer can also file a claim himself against the contractor as well. Defective work, delays or poor quality of work can all be included which the employer can seek liquidated damages from. To make up for the money lost in the delay, the employer can seek the amount to make up for the deficiencies of the project. A construction claims expert can tell you how much compensation you are eligible to receive.
Hiring a construction claims consultant, for either party, can result in the production of a claim that is worth taking to court – assuming that they skip a settlement.
These experts, such as Lyle Charles of Lyle Charles Consulting provide a professional opinion and a complete analysis of the entire claims process. If you are either a contractor or the employer, seeking out the opinions of experts with a construction background will almost always guarantee a step in the right direction.