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Perspective

Mar. 13, 2010

A New Approach to Construction Disputes

Kenneth Gibbs of JAMS introduces a new and better way to resolve construction disputes that avoids expensive and protracted litigation.

By Kenneth Gibbs

With private construction at its slowest pace in years, development deals stalled or stopped, more bidders chasing fewer jobs, and money flow from lenders to owners to contractors slower than normal, the last thing the construction industry needs is more claims and disputes. Unfortunately, as profit margins get smaller (various public owners report that bids are being received that are 35 percent less than the engineer's estimate) and cash flow is constri...

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