Claim Management

What is Claim Management?

The conditions during the execution of the works may vary from the tender stage conditions, because of several reasons beyond the control of the parties. These changes may result as changes to the profitability because of the increase in the costs, adversely affecting the planned or expected cash flow. These changes give right to the parties make claims from the counter party.

Main reasons for the claims between the parties may arise from:

These kind of problems or the changes in the conditions give right for the parties to make Claims, within the bounds of the contract.

For the Services we provide and learn more