• Business Services

    The basics of construction claims

    Summary: Construction claims cost all parties’ time, money and resources. A claim is between the contractor and owner and involves monetary compensation. Understand the different types of claims and evaluate your options, before you proceed with a claim. One of the biggest causes of delays in construction are construction disputes or claims. These claims cost time, money and resources for all parties involved since work grinds to a halt until there is a resolution to the satisfaction of all the parties involved. Here we look at the basic elements of a construction claim: What is a claim? The basic definition of a claim is when there is a demand asserted…

    Comments Off on The basics of construction claims