How to avoid lengthy construction claims
A nightmare for any business is a lengthy process that involves a dispute with a contractor over a construction claim. You could go through the process, hire a construction claims expert, and go through and check the merits of the claim. However, there is an easier way. The old-adage has it right when it says that prevention is better than cure. Here are some tips on how to avoid construction claims and the arduous process that follows:
Relationships – Build a good relationship with all of your contractors, sub-contractors, and vendors. The bottom line wins, but solid relationships can smooth out any problems before they escalate. Even if you do hire an expert like Lyle Charles and pursue a claims process, you will end up with a better outcome.
Contracts – All it takes is one simple mistake, and it can cost your company dearly. First thing, make sure your contracts are watertight. The right law firm can ensure that the right clauses are part of the final document and cover the entire scope of the project.
Insurance – Look at the possibility of covering your project with the necessary insurance coverage. Property damage insurance alone can save you a lot of time and money in the event of an issue. Also, with a good track record, you can get away with a small premium.
Communication – Most disputes are the result of some form of miscommunication. Keep an open line of communication and always raise issues directly and immediately to avoid any confusion.