Construction Claims Masterclass
May 14 @ 8:00 am - May 15 @ 5:00 pmR6850.00
The Construction Industry has a reputation for disputes and conflict. For example in 50% of all legal costs incurred in construction projects are associated with disputes. In 10% of the total project cost was legal cost. The correct preparation and submission of contractual claims is fundamental to parties’ success in being awarded additional time and monies on a project. Failure to adhere to the very strict procedures laid down in the various contracts will in most cases render the claim invalid.
To avoid claims being rejected it is vital that the correct procedures are followed and this Masterclass will demonstrate the various mechanisms which are detailed in the four (4) major contracts prescribed by the CIDB for infrastructural work in South Africa – FIDIC, NEC, GCC and JBCC.