EARLY WARNING SIGNS OF CONSTRUCTION CLAIMS & DISPUTES

June 15, 2019

Construction projects over the past few decades have become increasingly complex. As a result disputes2 have grown in direct relation to the size and complexity of projects. One recent study reported that the value of the average dispute in the United States is approximately $34.3 million.3 A slightly older survey of claims and disputes determined that in the 2009 – 2011 timeframe there were 65 international contract arbitrations in which at least US$1 billion was in controversy.4 The amounts in controversy ranged from US$1 billion to US$20 billion.5 The total value of these 65 disputes was US$174.8 billion with the median value being US$2.73 billion

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Salta Properties

Salta Properties contributes to the future of Australia's cities by delivering timeless and sustainable projects across the industrial, commercial, retail and residential property sectors.

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Salta Properties

Salta Properties contributes to the future of Australia's cities by delivering timeless and sustainable projects across the industrial, commercial, retail and residential property sectors.

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