raoneqs

Difference between Arbitration and mediation

Arbitration and mediation are the most famous conflict resolution methods after the litigation. Unlike the litigation process, these methods resolve conflicts without harming the relationship between conflicted parties. This article discusses the difference between Arbitration and mediation and the similarity between arbitration and mediation. What is the process of arbitration? Based on the presented evidence …

Difference between Arbitration and mediation Read More »

Liquidated damages/Delay damages in construction

The short norm for the “Liquidated damages” is known as “LD”. The main intention of liquidated damage is to cover the client against the Contractor’s time-related obligations. If the Contractor breaches the contract, the client can ask (deduct) predetermined sum agreed as “liquidated damages” or “Delay damages”. The principal of Liquidated Damages/ Delay Damages Let …

Liquidated damages/Delay damages in construction Read More »

10 Things your House Contractor won’t tell You-Guest Post

Below blog post is a guest post written by John Adams. According to him, John Adams is a paralegal who writes about widespread legal and social issues. Construction or renovation of a house sounds exhilarating, especially when you are deciding on color schemes, flooring, woodwork, and other aspects of interior design. If you get lucky, …

10 Things your House Contractor won’t tell You-Guest Post Read More »

Contractors’ All Risks Insurance (CAR Policy)

What Is the Contractors’ All Risks Insurance/ CAR Policy? Contractors’ All risks insurance is there to cover all the consequential risks and third-party injuries plus any damages to the properties. Mostly known as CAR policy, the Contractors’ All risks insurance includes mainly the contractor, client and some time subcontractors. Most importantly, the contractor can cover …

Contractors’ All Risks Insurance (CAR Policy) Read More »

Key project life cycle stages & whole life cost (of a building)

Whole-life cost in the complete project life cycle is a critical factor when a client is planning for a new building. Clients and representatives of clients (consultant or planning team) should analyze the whole life cycle cost of a building at the very initial stage of the planning. This(Whole life cost analysis) should produce along …

Key project life cycle stages & whole life cost (of a building) Read More »

Design and Build Procurement/Design and Build Contracts in Construction

In the design and build contract/procurement method (also called as design and construct contracts), the contractor is appointed to design and built the project. In most other procurement methods, consultants are appointed to design the project, and the contractor is appointed to execute the project. However, in this procurement method contractor will do all design …

Design and Build Procurement/Design and Build Contracts in Construction Read More »

Management contracting

Introduction Management contracting procurement method is using in large and complex projects. By using this procurement, method client can reduce their risk and transfer management responsibilities to several contractors.  In some cases client might be appoint one contractor as management contractor. First of all. The project will be divided into several packages by client, and …

Management contracting Read More »

Exit mobile version
%%footer%%