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Is risk allocation fairly balanced in construction contracts?

Tuesday 26 September 2023

Construction projects are complex endeavors that involve various risks. To mitigate these risks, construction contracts play a crucial role in allocating responsibilities and liabilities among project stakeholders. Effectively managing risk allocation in construction contracts is essential to ensure the successful execution of projects while maintaining a fair and balanced distribution of risk. This article aims to explore the key principles and strategies of risk allocation in construction contracts. Understanding Risk Allocation:…

I have been working with Fouad El Chikhani and his team for over two years. My colleagues at Naylor Love enjoyed a successful, long-term, collaborative relationship with FC International before I joined the company. Naylor Love is a nationwide Tier One building contractor and I have sought the advice of FC International

Justin Storm, Commercial Risk Manager, Naylor Love

Park Residences

Type: Construction Programming & 4D Planning Park Residences is a 30 storeyed central city apartment building located in Auckland CBD. It

BMW Showroom

Type: Construction Programming & 4D Planning Project Value: $17M BMW Showroom project consisted of the construction of a car dealer showroom. FC International was

Added value service in a cost-effective and timely manner.

Keeping the construction industry on time.

Team work. One goal. Project success.