Ri and Ri Associates have submitted many Extension of Time claims (EOT) by analyzing the delay causes by the client and partially won that Claims. We also prepared and submitted the Insurance claims for the Hull damage of our client vessels. In addition we extend our services to Preparation of Prolongation claims and Disruption claims.
Ri and Ri Associates staff have the practical experience required to carry out this work and frequently advise on causes of delay and the contractual responsibilities for delays, as well as the preparation of programming expert reports.
We are expert in the preparation of counter claims to our valuable clients by analyzing the contractors post contract works, post contract correspondence and Notification of the claims letters. One of our Client's Subcontractor raised a claims for the services of HVAC works. We carefully analysed both parties contract clauses and contract correspondence related to the claim. Then we prepared the Counter claims and made our client free from the Subcontractor claims.
Avoiding construction claims is really the same as avoiding lawsuits in the Construction businesses. It comes down to communicating effectively between parties, managing expectations and operating in good faith.
A construction risk can be defined as any exposure to possible loss. Because every construction project is different, each offers a multitude of varying risks. To ensure the success of a project, a contractor starting on a construction project must be able to recognize and assess those risks. And then the contractor must be able to manage those risks. There are many typical construction risks that might impact a contractor's success on a project. A "reasoned" risk allocation strategy is a "win-win" proposition for all project participants. Such a strategy tries to allocate specific risks based on an analysis of which party is best able to evaluate, control, manage, and assume the risk. Proper risk allocation provides many benefits to the project participants and to the project. The construction contract expresses the intent of the parties and records in writing their main risk allocation decisions. The term "construction contract" is somewhat confusing. Rather, each "construction contract" is actually a series of different documents, which together set out the entire understanding between the contractor and the owner. We can provide a wide range of risk management services to the construction industry provided by consultants experienced in the industry.