Arbitration

Construction Claims During a project lifecycle, usual means cannot solve certain events. For that purpose, the contractor files a request called Claim in order to demand an extension of time, monetary compensation, or both. The issue is settled if the client approves the contractor’s demands and grants him an EoT or reimbursement of cost. In case the client disapproves of the contractor’s requests due to misinterpretation of the problem, the issue gives rise to a dispute. Claims have become an unavoidable issue in the project lifecycle. Sources of Claims As discussed previously, the contractor can file a claim due [...]