We have discussed some of the challenges associated with construction disputes on this blog and it is pivotal for you to try to protect your company from these problems. Unfortunately, construction disputes have resulted in job loss, financial hardships and have even pushed some contractors out of business altogether. Construction disputes may surface for a variety of reasons and we have covered some of the more common causes on this blog. However, contract disputes are especially prevalent and it is crucial for you to do what you can to prevent a contract dispute. After all, these disagreements are often much easier to prevent than to address later on.
There are a number of ways you may be able to reduce the likelihood of such a dispute. While drafting a contract, make sure that the agreement is completely clear and that there is no confusion among any parties. Before signing, make sure that you have carefully read and understood everything and do not be afraid to make revisions or voice concerns, if necessary. Unfortunately, some people rush through the process and sign too quickly, which can lead to costly problems down the road.
Even when you do all you can to avoid a contract dispute or another type of disagreement, these hurdles are not always preventable. In the event that you are facing a contract dispute, it is pivotal for you to know what your legal rights are and handle the situation cautiously. Our contract disputes page has more on dealing with disagreements over construction projects.