Claim, Other Management

Assignment Help:

Claims: Claims can be initiated by both parties involved. Claims are settled through negotiation, adherence to contract terms, or a mutually agreed  adjustment  in  the  contract  performance.  The  goals  of  both parties should be to ensure that claims are justifiable.

The reasons for owner?s claim can be the following:

  •   Defective work by contractor.
  •   Delays by contractor.
  •   As a claims defence.

The reasons for contractor?s claims can be the following:

  •   Late or defective information by owner.
  •   Delay in or defect in free issue material by owner.
  •   Changes in regulatory requirements.
  •   Unknown site conditions.
  •   Restrictions imposed on work method, including restrictions which cause delay or acceleration in contractor?s work performance.
  •   Collateral work which leads to ripple effect for example concreting is planned to be done during fair season is rescheduled to adversely cold  seasons  (for  reasons  not  attributable  to  contractor)  which require heating arrangements impacting cost.

A claim is different from a change order. A claim is a quotation by the contractor requesting you to issue a change order. When you agree on the quotation it becomes change order.


Related Discussions:- Claim

Describe the levels of consumer decision making while buying, Question 1 E...

Question 1 Explain the components of learning and also classical conditioning theory in brief Question 2 Briefly discuss the decision-making models(any three) Quest

Shop floor control and what are its different functions, QUESTION 1 (a)...

QUESTION 1 (a) What is shop floor control and what are its different functions? (b) What are the advantages and disadvantages of Kanban process? (c) What do you understan

Differentiation analysis and linkage analysis, QUESTION 1 You have rece...

QUESTION 1 You have recently been appointed as consultant in a company to review its vision and mission statements. Your first task is to introduce the subject to top managemen

What is the required rate of return on the project, QUESTION a. The ris...

QUESTION a. The risk free rate is 10 percent and the expected return on the market portfolio is 14 percent. A firm considers a project that is expected to have a beta of 1.3, w

What is the role of communication in culture, QUESTION 1 Explain the me...

QUESTION 1 Explain the meaning of organizational and cultural diversity Why is it important for us to be sensitive to and aware of cultural diversity within your workplace?

Information for innovation , Information for Innovation  Innovation is...

Information for Innovation  Innovation is based on new ideas, and new combination of old ideas, the utility of which is tested with applications using different kinds of infor

What are supply bills, Question 1 Corporate Banking represents the wide ra...

Question 1 Corporate Banking represents the wide range of banking and financial services provided to domestic and international operations of large local corporates and local oper

Library journal - library management system, Library Journal: Publish...

Library Journal: Publishes quarterly lists  of scientific,  technical and medical books announced for publication by publishers.  The third category of review  sources is d

Shopping, Shopping in terms of Contract Management  Shopping is a term ...

Shopping in terms of Contract Management  Shopping is a term often used in our daily life. In terms of contract management, this term is adapted for procurement of certain spec

Explain the characteristics of an ''effective team'', QUESTION 1 (a) De...

QUESTION 1 (a) Define 'A Group' and with the help of a diagram explain the different stages in 'Group Development' (b) Explain the characteristics of an 'Effective Team'

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd