Author: EAY GLOBAL

Submitting an effective acceleration claim will allow you to be paid for the costs you incurred due to; ➤ Speeding up the project to achieve completion earlier than planned, or, ➤ Accelerate works to meet the original completion date despite being entitled to an extension of time

Mostly, bringing your disputes to arbitration is costly for you. Expenses such as; ➤ Legal fees ➤ Other associated costs not only; ➤ Make the process expensive, but also, ➤ Negatively impact your liquidity

​​If you do not negotiate well, It does not matter whether your claim is right or wrong. A well-known cliche says; “You do not get what you deserve. You get what you negotiate.” It’s definitely true. The key to successful negotiation is effective PREPARATION.

Suspension of work causes various problems for an EPC Contractor. An Employer may SUSPEND works to; ➤ Reassess the financial viability of the project Due to the; ➤ Rise in inflation ➤ Supply and demand changes ➤ Environmental effects ➤ Political impacts

Termination of an EPC contract by the Employer will definitely have serious consequences for the Contractor. If you are a Contractor, assessment of these consequences will be crucial for you. However, before doing so, you should determine whether this termination was carried out in accordance with the termination procedures.

Cost increases are literally locking the construction industry. Employers suffer too much from that situation. But it seems the Contractors are a little more in trouble.

You should NOT WAIT to submit a delay claim if you believe that the delay event; ➤ will delay the COMPLETION DATE, and, ➤ is EXCUSABLE and COMPENSABLE Not an easy task really.

Let’s guess why your variation claim is rejected. Probably there is something missing in the substantiation of the claim. It’s a fact that proper substantiation is not easy. Various factors, such as; ➤ Poorly determination of the SCOPE of variation ➤ Insufficient identification of the EFFECTS of variation ➤ Inaccurately PRICING of variation are really challenging.

“Claim Preparation”: Is it the most important part of your “Claims Management System”? Not, exactly. Claim preparation is important for sure. However, you should consider your entire claim management system. From the beginning till the end.

Is your claim rejected? There could be one or several reasons for this. Submission of a claim is a critical process. It requires detailed preparation. The success of your claim highly depends on that.