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42

Legal Focus

JULY 2014

Construction

Construction disputes have risen globally in value throughout 2013 as building projects became increasingly reliant on joint ventures. A combination and environmental and behavioural factors can lead to construction disputes. Projects are usually long-term transactions with high uncertainty and complexity, so it is possible to resolve every detail and foresee every contingency at the outset. As a result situation often arise that are not clearly addressed by the contract. The basic factors that drive the development of construction disputes are uncertainty, contractual problems, and behaviour.

We find out more about this topic over the next few pages.

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