The average time taken to resolve construction disputes in North America increased to an average of 17.7 months in 2017, an increase of two months from 2016, according to a report released by Arcadis.
Length of disputes in the region far exceeded the global average, the report says. Globally, the length of time to resolve disputes stood at 14.8 months, a one month increase over 2016.
The average value of North American disputes decreased to US $19M in 2017 from $21M in 2016. Globally, the figure stood at US $43.4M, up from $32.5M in 2016.
“Failure to properly administer the contract” remained the most common cause of construction disputes globally, and “errors and/or omissions in the contract documentation” remained the most common cause in North America. With positive economic drivers and larger and more complex projects anticipated this year, there is a critical need to embrace more sophisticated risk management and claims avoidance techniques, including leveraging digitalization, Arcadis says.
Related Stories
Codes and Standards | Aug 3, 2017
ASID headquarters is first space in the world to earn both LEED and WELL Platinum Certification
Washington, D.C. office is showcase for top levels of the two standards.
Codes and Standards | Aug 2, 2017
OSHA to release web-based injury and illness reporting form on August 1st
Employers can use the application to submit forms electronically.
Codes and Standards | Aug 1, 2017
Zoning that restricts housing construction also dampens other economic development
Land use restrictions reduce U.S. GDP by 9% annually.
Codes and Standards | Jul 27, 2017
Five fire scenarios tested on full-scale mass timber building
Results will help inform code changes.
Codes and Standards | Jul 26, 2017
New ISO standard on video fire detectors will help identify fires more quickly
The standard marks the first comprehensive international specification for this equipment.
Codes and Standards | Jul 25, 2017
Geotechnical solutions prevent building distress due to expansive clay soils
The condition is the most common geologic hazard in the U.S.
Codes and Standards | Jul 24, 2017
Non-union labor gaining ground in New York City
President of contractors’ group says competitive pricing is spurring more open shops.
Codes and Standards | Jul 20, 2017
New tallest tower west of the Mississippi built to stringent seismic standards
L.A.’s new 1,100-foot skyscraper dominates city’s skyline.
Codes and Standards | Jul 20, 2017
Chicago rises to the top of U.S. cities in percentage of LEED or Energy Star office buildings
Certified office buildings reach 66% in windy city.
Codes and Standards | Jul 19, 2017
Economic impacts of climate change will jump over next two decades
Average annual cost to buildings and infrastructure from eastern storms to rise by $7.3 billion.
