DISPUTE RESOLUTION IN CONSTRUCTION INDUSTRY

Construction industry is one of the major contributor to the development of a nation. The recent development and trends in construction has marked the beginning of a new phase. Traditional method are being transformed and developed to make them more efficient and effective. The growing demands of construction industry have given rise to more dispute, delay and consequently more claims. The study highlighted three type of conflict factors which are conflict due to behavioural problem, contractual problem and technical problem. Meanwhile the factors of conflicts which is due to contractual problem are such as late giving of possession, delay interim payment from client and unclear of contractual terms. In this paper we have referred the three different case and which the help of two method arbitration and conciliation the case are solved. And then both arbitration and conciliation method is compared with litigation method with respect to time and cost and the best method is been identify to solve the dispute in construction industries.