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Disputes in Construction: Evaluation of Contractual Effects of ConsensusDOCS
Publisher: ASCE
Abstract: The construction industry is notorious for its litigious nature, where disputes among various stakeholders have long been considered the norm. Disputes adversely impact the cost and time of construction projects—two of the ...
Information Asymmetry on Heavy Civil Projects: Deficiency Identification by Contractors and Owners
Publisher: American Society of Civil Engineers
Abstract: Although a main goal of low-bid procurement is to maximize project value, the approach can actually increase project cost and duration if construction document deficiencies are not resolved early on. This study examined ...
Information Asymmetry on Heavy Civil Projects: Deficiency Identification by Contractors and Owners
Publisher: American Society of Civil Engineers
Abstract: Although a main goal of low-bid procurement is to maximize project value, the approach can actually increase project cost and duration if construction document deficiencies are not resolved early on. This study examined ...