Cashflow is the lifeblood of the construction industry. Prompt payments are essential to keep your business going. The preparation and submission of clear and precise construction claims are crucial to ensure that the recovery process will be effectively carried out. .
Most, if not all, construction projects encounter delays. Together with selected professionals, we work to ascertain whether such delays are critical or otherwise and analyse its impact towards the project.
Liquidated damages (“LD”) and the impact of delays in the construction work are inter-related. A successful imposition or defence of LD necessarily depend on the adequacy and accuracy of the documentation in hand. .
Defects and its rectification costs will affect the overall payment entitled for work done. This requires careful and understanding consideration into the claims on defects and their corresponding rectification costs.
Once we have advised you on the best way forward, you would be able to employ the various mechanisms available to resolve disputes such as arbitration, adjudication and litigation.