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Dispute Resolution Process in Construction Sector: Causes and Prevention

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Author(s): Alaknanda Mane | S.S.Pimplikar

Journal: International Journal of Engineering and Advanced Technology
ISSN 2249-8958

Volume: 1;
Issue: 6;
Start page: 127;
Date: 2012;
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ABSTRACT
Over 200 construction contracts with DRBs start every year, worth over US $7 billion. An estimated 200 disputes are settled each year through the use of DRBs. More importantly, it is often reported that more disputes are avoided by ongoing interaction with the DRB than are actually heard. Increased use of advisory opinions has contributed to the avoidance of disputes. This process is inexpensive, rapid, informal, and is implemented prior to the parties becoming entrenched in adversarial positions. The reported success of advisory opinions is nearly 100%.
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