Infrastructure and capital projects are being hit hard by rising financing costs, inflation and expensive lawsuits, but the latter issue is one builders have some power to mitigate. Contractors can empower themselves by understanding the causes of cost disputes and overruns, and curb the losses of money and time these conflicts routinely incur.
That’s according to the sixth annual Crux insight report on global construction claims and disputes. The research comes from London-based HKA, a consultancy that specializes in construction risk mitigation and dispute resolution, which analyzed 1,800 projects in 106 countries.
