The success of large-scale development projects depends greatly on the parties maintaining a good commercial relationship. Whilst claims and disputes are often inevitable in relation to construction works, early and amicable settlement can be instrumental in sustaining those relationships and ensuring the successful delivery of a project.
So when should a party start to think about settlement in the context of construction claims and disputes? How should settlement discussions be conducted, and what needs to be considered when preparing a settlement agreement?
The fifth and final episode of the London Construction & Infrastructure Group's "Construction Contract & Claims Management" podcast series explores how to navigate settlement discussions and prepare settlement agreements in the context of construction claims and disputes.
This episode can be found on iTunes, Spotify and SoundCloud.
This episode is also accompanied by a checklist which sets out some of the key matters to be considered when conducting settlement discussions and preparing settlement agreements. The checklist can be viewed and downloaded here.
The entire series and accompanying checklists can also be found on our web page.
For further information please contact:
Disclaimer
The articles published on this website, current at the dates of publication set out above, are for reference purposes only. They do not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking any action.