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How hiring the right claim consultant, can save you money

9Written by Lyle Charles

Managing claims is a vital part of project management as it ensures that the project stays within budgets and that companies make their estimated profits. However, handling claims is not easy as it involves a lot of technical knowledge and expertise.

Hiring a construction claim consultant will help the firm effectively manage claims and provide the best possible solutions for problems, obstructions, and complications that may arise. These construction claims consultants can also work as construction expert witnesses if a claim goes into court proceedings.

The benefits of hiring a claim consultant include:

Help to draft the right documents for a construction project.

Sit through negotiations and help to resolve disputes.

Experts will provide knowledge and experience that may not be available to the company through their employees.

Assist and advise the company’s management to properly understand a claim.

Prepare the contract terms that will prove a proper defense on claims received.

The company can focus their energies on development and worry less about legal matters.

An experienced claims consultant will be able to provide analysis on different types of projects and claims, providing the company with the knowledge to make the right decisions.

Consultants will provide recommendations that are focused on saving resources, money and time.

Consultants will help stay in touch with the latest changes in the construction industry and make suitable recommendations to the management.

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Construction is costly without factoring in the costs of litigation, which is becoming more common by the day. According to Lyle Charles Consulting, construction & turnaround services can help cut those costs and provide a fair resolution to disputes that commonly arise.