ARTICLE · 12 SEPTEMBER 2024
How To Resolve Construction Disputes
The article highlights cost-effective alternatives to litigation in construction disputes, including meetings, adjudication, mediation, and arbitration, each offering flexibility, confidentiality, and expert involvement to resolve conflicts efficiently.
United KingdomReal Estate and Construction
Overview
Litigation is an expensive option for parties who want to
resolve a dispute efficiently. Fortunately, there are alternatives
available. Construction projects can range from small minor works,
to large multi-million-dollar projects. They can have two parties,
or a myriad of investors, funders, and contractors. In any
scenario, a small change early in the project can lead to
substantial disputes, affecting the all-important completion date,
which inevitably leads to delays, costs, and of course,
disputes.
There are a few ways to prevent a dispute escalating, so long as
the common goal between the parties is to resolve the dispute with
minimal economic damage.
Meeting
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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.