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 | May 22, 2017
Affordable housing initiative drives surge in residential unit permits in New York City
New permits tripled from year-ago period.
Codes and Standards | May 22, 2017
Amid labor shortage, industry groups urge government action to boost trades
AGC says a shortage of qualified workers is limiting the economy from adding more jobs.
Codes and Standards | May 19, 2017
Spate of sinkhole incidents points to neglected infrastructure investment
Suddenly appearing caverns cause deaths, evacuations, interruption of utility services.
Codes and Standards | May 18, 2017
AIA releases updated edition of its A201 flagship documents
These core documents are updated once a decade.
Codes and Standards | May 16, 2017
Trump’s proposed corporate tax rate changes said to stifle funding for affordable housing
Banks reluctant to commit to specific deals with tax credit status uncertain.
Codes and Standards | May 15, 2017
New IoT-Ready Alliance to establish standard for IoT sensors in LED light fixtures
It aims to make installation of technology easier.
Codes and Standards | May 10, 2017
OSHA increases penalties on South Dakota contractor after fatal building collapse
Agency issues over $300,000 in fines for ‘willful’ safety violations.
Codes and Standards | May 9, 2017
Potential shade on Boston Common from proposed high-rise raises public ire
The Mayor is among those who want to change 1990s anti-shadow law.
Codes and Standards | May 9, 2017
Method of estimating amount of CO2 by building occupants may be inaccurate
New research suggests current estimates may be off by as much as 25%.
Codes and Standards | May 8, 2017
National Fenestration Rating Council’s new U-factor standard open for public comment
Member-approved ballot change to NFRC 100 comments to close on May 28.