Synopsis Disputes between contractor and the client are all too common in construction contracts. To certain extent, it is said that disputes are inevitable in construction projects which predominantly arise from the complexity and magnitude of the works involved, multiple contracting parties, poorly prepared and executed contract documents, financial issues and communication problems. Any one of these factors could lead to time overrun, increased costs, and a breakdown in the parties’ common objective to complete the project and more so the litigation in courts with the eventual monetary loss to the contracting parties. Problems arising from construction contracts that commonly arise are: •Liability of Design •Time of Completion •Extension of Time •Certificate of Practical Completion •Liquidated And Ascertained Damages •Variation Order •Valuation of Variation •Payment •Defects •Termination of Contract •Professional Negligence – Liability of Engineer and Architect •Calling of Performance Bond •Retention Sum
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11 Mar 2016posted on
Jalan ImbiKuala Lumpur
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