Construction claims and disputes can create economical impact both to construction owners and contractors. These will be very important issues when the public sector of the Korean construction industry opens in 1997 and the foreign companies come into...
Construction claims and disputes can create economical impact both to construction owners and contractors. These will be very important issues when the public sector of the Korean construction industry opens in 1997 and the foreign companies come into the market. In this study; current contractual practices of our industry have been analyzed and the counterplans have been suggested to prevent from potential problems in such circumstance. As a part of the effort; domestic construction regulations related to the construction contracts also have been compared to the general conditions of FIDIC