| Claims from contractors and other individuals involved | | | | proper contract terms. |
| in large construction projects with your company can | | | | Construction Debt Recovery and Claims Defence |
| be managed successfully by construction claims | | | | Debt recovery is a large problem in the construction |
| consultants. Through construction project monitoring | | | | industry. With many UK construction firms utilising the |
| before and during construction, a consulting firm | | | | concept of retention when dealing with finances, |
| works with both the client and the contractors to | | | | contractors and subcontractors may complete a large |
| ensure all legalities are met. This helps reduce the | | | | part of the work without being paid beforehand. |
| number of disputes filed against your company, and | | | | While there will be a contractual agreement about |
| ensures debt recovery assistance in the event that a | | | | retention monies and when it's released by the hiring |
| contractor or engineering company files a claim. By | | | | firm, many construction workers find themselves |
| working internationally, construction consulting firms | | | | needing legal assistance to obtain the retention |
| can give presentations, negotiate, and assist in | | | | monies in a timely manner. A construction consulting |
| arbitration with companies all over the world. | | | | firm can help your company obtain retention money |
| Hiring Help for Construction Project Management | | | | without the need for a lengthy court hearing. |
| Construction projects which are poorly managed can | | | | The most profitable way to do business in the |
| lead to a variety of future problems. Poor | | | | construction industry is to avoid having to file or |
| management can consist of improper fund allocation | | | | receive claims. However, the extent to which |
| for projects, poorly scheduled timing for a specific | | | | accidents occur and projects run over schedule, |
| project, or miscommunication with international clients | | | | claims seem inevitable in the construction industry. |
| that lead to disagreements and misunderstandings. | | | | It's important that you choose construction |
| Construction claims consultants can help prevent | | | | consultants who have the experience and knowledge |
| problems due to mismanaged projects by creating | | | | to not only prepare and file claims on your behalf, but |
| reports and documentation that monitor the ongoing | | | | to provide a proper defence on claims received |
| results of a project. | | | | against your company. Depending on the dollar |
| Keeping the number of construction claims down is | | | | amount of the claim, consultants can work directly |
| important to every engineering firm and contracting | | | | with developers and contractors to negotiate and |
| business. Having contracts that cover every needed | | | | help arbitrate claims, or work with insurance adjustors |
| detail is the key to successful transactions. You | | | | to help manage million or billion dollar construction |
| should choose a consulting firm which offers contract | | | | claims. Trusting construction claims consultants with |
| services performed by an experienced contract | | | | project management and debt recovery means your |
| specialist. The consulting service should be able to | | | | company can focus on developing and building |
| negotiate contracts, re-negotiate contracts, draft the | | | | without getting sidetracked by legal matters. |
| proper documents, and provide consistent advice on | | | | |