How is a delay claim assessed in the construction industry?

In the construction industry, a delay claim is a request for compensation due to a delay in the completion of a project. When assessing a delay claim, several factors must be taken into consideration. First, the claimant must prove that the delay was caused by the contractor, subcontractor, or other party. This requires an examination of the contract documents and reported events. Witnesses or other means of proof might be needed. Second, it is important to assess the financial impact of the delay. This includes determining any additional costs incurred as a result of the delay. The extent of the delay and how it impacted the timeline of the project must be considered. Third, the parties involved must review the claim for any potential legal issues. This includes researching the applicable state or local laws, as well as any regulations set forth by the construction industry in Michigan. Finally, the parties must come to a resolution that is both fair and reasonable. If they fail to do so, the dispute could be taken before the Michigan court system. In some cases, the court system might decide to intervene and make a ruling. In conclusion, assessing a delay claim in the construction industry requires careful review of the facts and legal considerations. All parties involved must work together to create a resolution that is fair and reasonable. If a resolution cannot be reached, the dispute could be presented to a court for possible resolution.

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How is a delay claim assessed in the construction industry?

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