Effectively managing claims in a construction project requires a comprehensive understanding of contract terms and project specifics.
Understanding the Contract:
- The process begins by thoroughly reviewing the contract and comprehending the outlined claim procedures.
- This step involves identifying the types of claims, claim submission deadlines, and the necessary supporting documentation stipulated in the contract.
Cause Identification:
- Subsequently, we pinpoint the root cause of the claim. This may involve various issues such as delays resulting from variations, supplementary works, restricted site access, or other factors affecting the project.
- It's crucial to gather all relevant evidence, including contracts, drawings, specifications, correspondence, and site records, to substantiate the claim.
Quantification:
- Once the claim's cause is identified, it's quantified. This entails determining the financial or temporal aspects of the claim.
- The claim documentation is meticulously prepared in accordance with the contract's requirements, which may involve sending a notice to claim, a detailed statement of the claim, and accompanying documents.
Resolution and Negotiation:
- Occasionally, the other party may dispute the claim, necessitating negotiations to reach a resolution.
- The contract provides for various dispute resolution procedures, including negotiation, adjudication, and arbitration.
Key Activities:
- Analyzing the causes of delays and their implications on the project schedule and finances.
- Assessing concurrent delays using industry-recognized protocols.
- Complying with contractual terms by preparing Notices to the Engineer or Employer.
- Issuing Notices to third parties to support claims.
- Preparing claims to extend the project completion timeline and obtain supplementary costs.
- Engaging in negotiations based on claims to offer mutually beneficial problem-solving solutions.
As an integral component of Claims Management, we specialize also in conducting comprehensive Delay and Disruption Analysis, which entails in-depth scrutiny of the causes and effects of project delays and disruptions, helping us build robust claims with the strongest foundations and Quantum Analysis.
