How can the project records be used in litigation?

Q: Who  is empowered to execute contract modifications orChange Orders?

A: Contract modification means any legal change to the terms of a contract.

Q: Do the photographs help to identify errors in claims or any kind of disputes?

A: Photograph is an effective tool or evidence type which is most commonly used in case of error…

Q: Why is the Resident Project Representative liable for performing effective services?

A: The Resident Project Representative is a person assigned to a particular project on a full-time…

Q: What are claims and disputs?

A: Claim:

Q: What are the four principal methods available for the resolution of construction claims?

A: The four principal methods for the resolution of construction claims are given as following:

Q: Can the photographs be used by the Resident Project Representative as a tool of defense against the…

A: There are three kinds of photographs that need to be submitted by the contractor to engineer time to…

Q: How is recording of Bids done?

A: Project bidding is the mechanism whereby the contractor submits a offer to the customer as a request…

Q: What does the negotiation involve?

A: A Negotiation could be a strategic discussion that resolves a difficulty during a method that each…

Q: . Describe the three types of authorities exercised in a construction contract?

A: Three types of authorities exercised in a construction contract are : 1.Actual Authority : It is…

Q: How can a project become involved in litigation?

A: Litigation is the mechanism through which a lawsuit is taken to trial. The legal cycle is usually…

Q: What are the liquidated damages?

A: The damages that occur due to the breach of the contract can be classified into liquidated and…

Q: What is the cost Reimbursable contract?

A: A constructional contract is defined as an agreement between two parties in which general and…

Q: Is the contract time always the same?

A: The contract is a legal agreement which is signed between two or more parties. The limitation period…

Q: What are the different types of business disputes?

A: When a dispute occurs within a business is called as business dispute. The business dispute should…

Q: When a claim or dispute arises, what steps should be taken by the contractor?

A: In the construction project, the dispute arises due to disagreements between the parties on a…

Q: What are the sources of time related disputes?

A: In the construction project, the dispute arises due to disagreements between the parties on a…

Q: May changes to the documents be done by Addenda after opening bids, but prior to Award?

A: Addenda is used for building contracts in the US. Addenda comprises of collection of specifications…

Q: When do most disputes in construction contracts occur?

A: When a construction dispute occurs, the contracting parties may wonder which is the best course of…

Q: What are the basic requirements concerning the setting up of a fieldoffice for the Resident Project…

A: The Resident Project Representative is a person assigned to a particular project on a full-time…

Q: how is quality measured in real estate?

A: In real estate, quality refers to the degree of excellence or fitness for purpose in the design,…

Q: Is it preferable to establish a filing system for an entire company or agency?

A: - A filing system is a type of system of keeping all the central record for an organisation or…

Q: How is mediation used as the dispute resolution tool?

A: The term mediation is defined as it is a consensual method of dispute resolution between parties in…

Q: What are the benefits of the Changed Conditions Clause used by the Owner?

A: The Changed Conditions Clause is the most common and effective clause used in any construction…

Q: How can fluctuation clauses be calculated?

A: Fluctuation clauses are the clauses that are added to a construction contract and are used to deal…

Q: What is Bidder Prequalification?

A: Bidder Prequalification:

Q: When can the bid and award phase of a project  be very document-intensive?

A: The process in which takes place after the submission date end of tender is known as bid…

Q: What can be the result of the contractor’s failure to follow mandated government claims procedures?

A: A contractor is a self-employed person that carries out work for the construction company. The…

Q: What do large and small misclosures mean?

A: Answer Misclosure is used in the field of the survey to find the error in the measurement or in…

Classification of Legal Structure

The first step for the establishment of any company is to find a suitable legal structure. To determine the appropriate legal structure for a specific company or a venture, professional guidance is necessary for the deep understanding of various structure classifications, long-term targets, and certain choices. The categorization of different business legal structures comprises liability implications, income and taxation considerations for the company owners.