What Are Construction Claims?
Construction projects are often large, complex, and involve multiple stakeholders, including owners, contractors, subcontractors, consultants, suppliers, and government authorities. Due to the complexity of these projects, disputes and disagreements frequently arise during execution. One of the most common issues in the construction industry is the occurrence of construction claims. Construction claims are formal requests made by one party to another seeking compensation for additional costs, time extensions, or damages caused by events that were not part of the original contract agreement. These claims usually arise when one party believes that it has suffered losses due to delays, disruptions, changes in scope, unforeseen conditions, or breaches of contract. In today’s infrastructure and real estate environment, understanding construction claims is essential for contractors, project managers, engineers, consultants, and project owners. Proper management of claims can help...