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Tuesday, June 16, 2009

What data should be maintained on a construction site to win claims in arbitration?

ISSUE LOGS refers to a document covering the following details updated during any ISSUES/DISPUTES raised between two parties in a CONTRACT and ISSUES analyzed on a Priority Basis:

  • Date of Issue
  • Between Which Parties
  • Issue Title / Description
  • Root Cause of Issue
  • Outcomes
  • Corrective Action / Preventive Action to be Taken
  • Effect on Set Project Constraints (Priority Weightage)
  • Reference to related Records / Correspondences
  • Claim Amount with Break Up Details (If any)
  • Acknowledgement from the other Party with Remarks

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