02 Jul 2019
On 26 June 2019, CIArb's Corporate Member Arcadis LLP launched its annual Global Construction Disputes Report 2019.
This year’s report recognizes the importance of early dispute avoidance techniques in seeking to decrease the volume of lengthy and costly disputes. CIArb, as a leading professional body for disputes avoidance, management and resolution, is proud to support and promote the Arcadis Global Construction Disputes Report 2019.
The ninth annual Arcadis Global Construction Disputes Report 2019: Laying the Foundation for Success reveals key themes and provides insights into the global construction disputes market.
It highlights that, while the overall volume of disputes globally remained consistent with last year’s results, the average value of these disputes has decreased by nearly 24% to US$ 33 million. However, the average time taken to resolve these disputes has risen slightly to 17 months. As the industry seeks to better understand and address the impact of human factors in disputes, the aspiration is that early dispute resolution techniques - such as dispute avoidance - will become increasingly common.
In relation to dispute avoidance in the UK Gary Kitt FCIArb, UK Head of Contract Solutions at Arcadis, added:
“Our results show the UK to be a world leader in effective avoidance and mitigation strategies, and as we continue to transition towards greater use of digital technologies like BIM and 4-, 5- or 6D modelling, we are likely to see an improvement in risk allocation much earlier on in the process. This could help all parties to collaboratively resolve any difficulties before cost and time pressures start to escalate.”
Arcadis is a leading global design and consultancy for natural and built assets, with nearly 27,000 people and operating in over 70 countries. It provides specialist consultancy services to a range of market sectors including dispute avoidance and dispute resolution services to the construction, engineering and oil and gas industries.
The Arcadis Global Construction Disputes Report 2019 is available here.
17 Oct 2019CIArb’s London Branch Joint Seminar with the Academy of Experts – ‘Expert’ Problems in Arbitration
On Thursday 10 October 2019, CIArb’s London Branch held a joint seminar with the Academy of Experts - “Expert” Problems in Arbitration.
15 Oct 2019CIArb's West Midlands Branch at the UK Construction Week 2019
During 8 - 10 October 2019, CIArb's West Midlands Branch participated at the UK Construction Week event held at the National Exhibition Centre (NEC) in Birmingham.
10 Oct 2019CIArb partners with Middlesex University Dubai to deliver Diploma in International Maritime Arbitration in March 2020
The Chartered Institute of Arbitrators (CIArb) is delighted to announce it has concluded a partnership with Middlesex University Dubai to hold the newest addition to CIArb’s membership courses, the 9-day Diploma in International Maritime Arbitration, in the United Arab Emirates from 18-29 March 2020.