News Webuild awarded $147m compensation for Argentina project The government of Argentina has been ordered to pay Italy’s Webuild $147m in compensation for breach of contract over a road and bridge project completed in 2004.
Perspectives Rushing to fail: Understanding construction disputes in Saudi Arabia Research shows contractors in Saudi Arabia are claiming extensions worth nearly double the time first allotted to a project, but there are signs of a more enlightened approach gaining traction.…
Perspectives 35% of global project spend is burned up in disputes. This tragic waste is unnecessary The amount of money wasted on disputes in major projects around the world is astonishing. At more than $98m per project, the average value of contested costs amounts to 35.1%…
