CONSTRUCTION CLAIMS AND COUNTER CLAIMS, KNOW THE DIFFERENCE IN INDIA

In the construction industry, claims and counter claims refer to disputes that arise between parties involved in a construction project. Claims can be made by either the owner or the contractor, and they often involve issues such as delays, cost overruns, or defective work. Counter claims are made in response to a claim and are used to defend against or challenge the original claim. A construction claim is a request for additional compensation or other relief due to unexpected events or changes that occur during a construction project. Claims can be made for a variety of reasons, such as delays caused by changes in the design or scope of the project, unforeseen site conditions, or other issues that affect the cost or schedule of the project. A counter claim is a response to a claim made by the other party in a construction dispute. It can be used to challenge the validity of the original claim or to present evidence that the claim is not justified. Counter claims can be made by either the owner or the contractor and are usually based on the terms of the contract or other agreements between the parties. It is important for both parties in a construction project to understand the difference between claims and counter claims and to be familiar with the process for resolving disputes. This may involve negotiating a settlement, using alternative dispute resolution methods such as mediation or arbitration, or going to court. http://www.theseacity.com/blog/construction-claim/construction-claims-and-counter-claims/