Rules of Negotiation in Construction Contract Management Negotiation plays a critical role in contract management, as it is often the key to securing tenders, business deals, and project opportunities for companies and other multinational organizations. The negotiation process involves two or more parties coming together to reach a common resolution or agreement for a shared …
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Construction Contracts A construction contract serves as a crucial legal document that establishes a binding agreement between the owner and the builder. It ensures that the executed job will receive a specific amount of compensation or clarifies how the compensation will be distributed. In the construction industry, where projects can involve substantial investments, complex operations, …
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