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Negotiating Construction Claims
Author(s) -
Duck Donald J.
Publication year - 1984
Publication title -
journal ‐ american water works association
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.466
H-Index - 74
eISSN - 1551-8833
pISSN - 0003-150X
DOI - 10.1002/j.1551-8833.1984.tb05278.x
Subject(s) - negotiation , compromise , bidding , settlement (finance) , position (finance) , business , law and economics , construction bidding , economics , finance , law , political science , marketing , management , project management , pre construction services , payment , program management
Today's uncertain construction costs coupled with overly competitive bidding make cost overruns and claims by contractors in the heavy construction industry almost inevitable. Negotiating such claims, although time‐consuming, can be an equitable means of settlement. Each party's position must be documented from the beginning of the project before claims exist, and positions must be clearly defined when negotiations take place. All parties must be willing to compromise. Tactics that permit settlement by negotiation are described.