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Construction Disputes on the Rise - Report: Global Construction Disputes 2014 - Getting the Basics Right

This year’s report ‘Global Construction Disputes: Getting the Basics Right’ is EC Harris’ fourth annual study into the duration, value, common causes and resolutions of construction disputes across the globe. The report found that construction dispute values were the highest in Asia at $41.9 million, closely followed by the Middle East at $40.9 million. In the US, dispute values tripled in value to $34.3 million and also rose in the UK to their highest value since the report started at $27.9 million. Disputes relating to major global construction projects increased in value and EC Harris also saw the emergence of the ‘mega-dispute’ in 2013, with its teams working on three separate disputes worth over $1 billion including the Panama Canal Expansion project. The findings look at the common causes, the duration and the average value of the disputes within the EC Harris/ARCADIS work portfolio.

Date
Author(s)
EC Harris Contract Solutions (Mike Allen et al)