In the process of mediation in construction, all the parties are agreeing and appointing a neutral third party (person) as a mediator. The mediator should be a qualified and expert person in the... Read More ⟶
What is arbitration process in the construction industry? Arbitration, mediation, litigation. These words are very common in the construction industry. Because the industry is full of disputes.... Read More ⟶
What is the alternative dispute resolution (ADR) in construction?
Litigation is the traditional method of resolving disputes in the construction industry. But Litigation process takes much time and... Read More ⟶
What is this extension of time or EOT
The contractor is always eligible for an EOT (extension of time) whenever unexpected causes delays the project works. If the contractor is requesting an EOT, He... Read More ⟶
What is procurement means to the construction industry?
Meaning of Procurement in everyday language is the action of acquiring or obtaining process of any kind of service or commodity. When its come... Read More ⟶
What is a Lump sum contracts or Fixed price contract
Lump-sum contracts are the most favourite contract type used in the construction industry. Also known as fixed-price contracts. Because in... Read More ⟶