Remove Bargains Remove Cash Flow Remove Consulting Remove Negotiation
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Dispute Boards: An Approach to the Efficient Resolution of Disputes in the Construction Sector

Constructlaw

Although the parties have tried to resolve their disputes through negotiation and even mediation, they have not been able to reach an acceptable settlement. 7] In doing so, there is a risk that a dispute board could deny a party the benefit of their bargain by ignoring specific contractual terms. Dispute boards can save money, too.

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Labour Contract Vs Material Contract - Which Contract is Better for Constructing your House?

Civil Lead

To mitigate this problem one needs to have proper quotations from the contractor for each item or owner can engage the professional architect or engineer or project management consultant. Hence he has to manage and plan the fund from the beginning that is day one the cash flow has to be strong.