Your Systematic Approach to Variation Valuation Once entitlement is established, understanding the contractual principles and mechanisms governing variations gives you powerful tools to navigate the valuation process. If you missed part one of this series, where we covered how to establish entitlement, read it now. Understanding Your Contract’s Valuation Hierarchy Many standard construction contracts establish […]
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1 in 5 Adjudications Directly Relate to Variation Disputes This means money that you may be entitled to but haven’t yet been paid. Even worse, a shocking 73% of payment disputes potentially hide variation disputes that should have been resolved months earlier. For every day that these disputes continue, your hard-earned profit slips away….. directly […]
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Project lifecycles are often dictated by an end date. The procurement of a project has many stages, some of which may not always go to plan. This often results in condensing of the construction programme leading to an urgency to get the contract negotiations complete. In addition, construction contracts can be incredibly complex. It can […]
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