What is the main problem with arbitration?

Q: Which situation is NOT an ethical conflict? a. An engineer is asked to provide his insurance…

A: Two statements are given and finding out which one is not an ethical conflict.

Q: In all disputes, regardless of the method of resolution, who can support the burden of proof?

A: In the case of any dispute, a plaintiff is the person or the party that brings the lawsuit to the…

Q: How can a party share the risk?

A: In a construction project, there are many unforeseen contingencies such as geological conditions,…

Q: 2. The force F and the dimension d are given. Because of the rollers at C, the supporting re- action…

A:

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: What is the difference between special damages and general damages?

A:

Q: Jéan has asked that you explain the whole idea of construction lien to him in plain language, and if…

A: Jéan has requested you to explain the concept of a construction lien to him in layman's terms, as…

Q: Explain the purpose and operation of liquidated damages.

A: Introduction: Liquidated damages are referred to as the amount of payment accepted by the parties at…

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: When an agreement fails to qualify as an enforceable contract, but one of the parties breaches the…

A: Answer Option (c)  may sue for reformation     is correct . Explanation is given in next step.

Q: What is the cost Reimbursable contract?

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

Q: Why are the Arbitrators normally not bound by rules of law?

A: The term arbitration is a consensual method of conflict resolution between parties in which a third…

Q: What is the quickest and most economical way of resolving a dispute?

A: The dispute occurs between the client and the contractor when there is a occurrence difference of…

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: 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: How can the disputes be resolved by negotiation?

A: In a construction project dispute arises when parties disagree to each other at any point in…

Q: what are the advantages and disadvantages of the four basic contract types? -lump sum,…

A: Lump Sum Contracts Despite the fact that the owner benefits from streamlined accounting and less…

Q: . What are the payment provisions under JCT?

A: JCT Standard Building Contract 2011 payment terms are relatively complex. The system relies on the…

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: Samples of soil A, soil B and soil C are collected at the College of Engineering, INTI-IU. These…

A:

Q: Who provides performance and payment bonds?

A: For several construction projects a payment bond is needed.

Q: What is Bidder Prequalification?

A: Bidder Prequalification:

Q: How do the mediation differ from arbitration?

A: The mediation is nothing but the process of solving the disputes amicably between two parties by a…

Q: In which kind of circumstances are the mediators needed?

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

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 is the fixed-price incentive contract?

A: Fixed price incentive contract is a contract in which a fixed percentage on the total target cost or…

Issues During Construction

Construction is the combination of art, science, and engineering to build buildings, bridges, structures, roadways, highways. airports, etc. The construction business is a challenging and promising business worldwide with certain risk factors involved. Increasing demand for mankind leads to the growth of several construction companies which specialize in different construction projects. These construction companies initiate their construction process under certain agreements and time durations called the construction contract.