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The Importance of Construction Document Management in Claims Resolution

The Importance of Construction Document Management in Claims Resolution

Construction projects typically involve many, many documents.  They can include volumes of specifications, supplemental specifications, and standards.  Even the contracts themselves can fill an oversized binder.  Outside of contract documents, the project participants will generally create daily reports, logs, and diaries.  They will usually correspond by email on a daily basis.

When problems arise, the documents of a project will usually affect the outcome of any dispute.  So it should be no surprise that a party who effectively manages its documents will be better suited to pursue or defend a claim.  Those who do not effectively manage their documents usually pay attorneys and consultants large fees to wade through the documents and put them in some organized fashion. Read More »The Importance of Construction Document Management in Claims Resolution

Guest Post: Risk Management and Insurance Considerations for Joint Ventures

This guest post was written by Bud LaRosa.  It was originally posted on another blog, http://blog.construction-today.com/

By Bud LaRosa

Construction is seeing a lot more joint ventures now than it has in the past. Projects are becoming larger and more complex, requiring a certain expertise that only one or more of the partners can bring. Whatever the reasons for entering into a JV, there are many risk factors that need careful and consideration.Read More »Guest Post: Risk Management and Insurance Considerations for Joint Ventures

Fast Track Arbitration as a Vehicle for Resolving Small Claims

Many contractors and subcontractors fear the unpredictable costs of litigating their claims.  This is especially the case if the claim is small.  In some instances, the uncertainty of legal fees and consultant costs can cause them to forego asserting their claims altogether.  They may not realize, however, that if their contract incorporates the AAA Construction Industry Arbitration Rules (“AAA Rules”), they may have an arbitration provision that promotes prompt and cost-efficient claims resolution. 

Depending on the characteristics of a claim, the AAA ConsRead More »Fast Track Arbitration as a Vehicle for Resolving Small Claims