Factors influencing decisions on delay claims in construction contracts for Indian scenario
<p> </p><p> </p><p>Construction industry in India is second largest next to agriculture. In current era of infrastructure development construction projects occupy a key position. In any construction project contract time and cost overrun is a common feature, which gives...
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Format: | Article |
Language: | English |
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UTS ePRESS
2014-03-01
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Series: | Australasian Journal of Construction Economics and Building |
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Online Access: | https://epress.lib.uts.edu.au/journals/index.php/AJCEB/article/view/3766 |
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author | Nitin Balkrishna Chaphalkar K. C. Iyer |
author_facet | Nitin Balkrishna Chaphalkar K. C. Iyer |
author_sort | Nitin Balkrishna Chaphalkar |
collection | DOAJ |
description | <p> </p><p> </p><p>Construction industry in India is second largest next to agriculture. In current era of infrastructure development construction projects occupy a key position. In any construction project contract time and cost overrun is a common feature, which gives rise to claims leading to disputes. These disputes if not handled properly tend to consume time and money of all parties to the contract. To resolve the dispute in optimum time, it is essential to understand the root cause of disputes as early as possible. Hence there is a need of analyzing the disputes scientifically. The present study reveals from the study of arbitration awards that the causes for delay claims can be grouped in domains and the probable decisions to the disputes can be traced through the probing questions considered by decision makers. This paper attempts to identify questions related to disputes for Indian scenario through literature, arbitration awards, court cases and discussions with professionals.</p> |
first_indexed | 2024-12-21T18:56:52Z |
format | Article |
id | doaj.art-2a75dba3ed7c4d698d686f80ae5235f4 |
institution | Directory Open Access Journal |
issn | 1835-6354 1837-9133 |
language | English |
last_indexed | 2024-12-21T18:56:52Z |
publishDate | 2014-03-01 |
publisher | UTS ePRESS |
record_format | Article |
series | Australasian Journal of Construction Economics and Building |
spelling | doaj.art-2a75dba3ed7c4d698d686f80ae5235f42022-12-21T18:53:35ZengUTS ePRESSAustralasian Journal of Construction Economics and Building1835-63541837-91332014-03-01141324410.5130/ajceb.v14i1.37662502Factors influencing decisions on delay claims in construction contracts for Indian scenarioNitin Balkrishna Chaphalkar0K. C. Iyer1College of Engineering Pune, IndiaIndian Institute of Technology, Delhi, India<p> </p><p> </p><p>Construction industry in India is second largest next to agriculture. In current era of infrastructure development construction projects occupy a key position. In any construction project contract time and cost overrun is a common feature, which gives rise to claims leading to disputes. These disputes if not handled properly tend to consume time and money of all parties to the contract. To resolve the dispute in optimum time, it is essential to understand the root cause of disputes as early as possible. Hence there is a need of analyzing the disputes scientifically. The present study reveals from the study of arbitration awards that the causes for delay claims can be grouped in domains and the probable decisions to the disputes can be traced through the probing questions considered by decision makers. This paper attempts to identify questions related to disputes for Indian scenario through literature, arbitration awards, court cases and discussions with professionals.</p>https://epress.lib.uts.edu.au/journals/index.php/AJCEB/article/view/3766Contract managementDelay claimsClaim managementArbitrationDispute resolution |
spellingShingle | Nitin Balkrishna Chaphalkar K. C. Iyer Factors influencing decisions on delay claims in construction contracts for Indian scenario Australasian Journal of Construction Economics and Building Contract management Delay claims Claim management Arbitration Dispute resolution |
title | Factors influencing decisions on delay claims in construction contracts for Indian scenario |
title_full | Factors influencing decisions on delay claims in construction contracts for Indian scenario |
title_fullStr | Factors influencing decisions on delay claims in construction contracts for Indian scenario |
title_full_unstemmed | Factors influencing decisions on delay claims in construction contracts for Indian scenario |
title_short | Factors influencing decisions on delay claims in construction contracts for Indian scenario |
title_sort | factors influencing decisions on delay claims in construction contracts for indian scenario |
topic | Contract management Delay claims Claim management Arbitration Dispute resolution |
url | https://epress.lib.uts.edu.au/journals/index.php/AJCEB/article/view/3766 |
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