Preparing, planning and initiating a construction project can be an exciting time, no matter the size of the project. However, whether it is a small or major construction project, there are certain steps and situations that need to be addressed by individuals and business owners in Louisiana. While it is ideal that everything goes as planned and stays on schedule, it is important to note that minute and lengthy delays could occur at various points in project. Depending on the cause of the delay and the costs and damages caused by the delay, it might be in your best interest to file a delay claim.
For the most part, construction projects are not simple. Even if the parties to a construction contract believe the agreement is fairly straightforward, issues and setbacks could occur. Moreover, the more complex a construction project is, the more working parts there are likely to be. If an unforeseen event occurs or if one party fails to uphold their part of the agreement, this could greatly harm the entire project.
Whether it is a business contract or an employment contract, these agreements are entered into for a certain length of time. Once the timeframe of the agreement is up or close to being up, it is common for the parties to the agreement to come together to renew the contract. However, if the parties to the contract are unable to agree on terms or work through new or old issues, the contract might not be renewed. Such matters could stem from or evolve into a contract dispute, making it difficult for businesses in Louisiana or elsewhere to settle on a final agreement.