There is no denying the fact that expert’s assistance adds value to construction disputes. More specifically, the construction industry of UAE is highly diverse in nature. Therefore, handling projects in such a location where the major chunk of the economy is based on infrastructural advancement require higher professionalism and efficiency.
Scope And Significance Of Experts’ Involvement In Construction
Nevertheless, the role of an expert is highly significant to make the capital projects a highly successful venture. Many people are not of the view to get experts’ services during the initial phases of the project until they get stuck into some legal proceedings as the result of construction claims.
No doubt, delays experts and analysts play a significant role in the resolution of construction disputes. But the role and responsibility of the construction expert are highly crucial because it’s related to financial appraising.
It is important to note that only ten per cent of the experts are hired by the tribunal directly. While in 90 per cent cases, both the parties are required to get professional assistance from the quantum expert. It is owing to the fact that they present the factual information related to the disputed matters formally using the optimal methods.
The article is mainly designed to offer extensive information to the people of UAE and nearby countries. However, the discussion is based on general facts so that others can also pick for informative chunks.
Considering the scenario that you are dealing the construction disputes which involve financial matters, the role and responsibility of the financial appraiser can be as given:
Comprehensive Project Overview and Guidelines
The prime responsibility of the expert is to contribute in the process of dispute resolution through evidence presentation. However, control and flexibility are the primary characteristics that attract the involved parties.
Given the fact that various tribunals and diverse jurisdictions are operating around the globe, the guideline for handling construction claims are different. So, the role of a quantum expert in UAE might vary depending upon the region to the other countries.
A Helping Hand To The Tribunal
It is not only limited to the dispute resolution procedure in UAE, but it’s almost a universal thing across the world that industry experts assist the tribunal members with their professional expertise.
Therefore, it will not be wrong to say that experts let their helping hand to the legal profession for making everything clear for decision making. It is owing to the reason that depending on the nature and complexity of the construction disputes, financial appraising officer is hired by the tribunal itself.
Concluding Remarks
The principal obligation of the construction industry experts is to provide useful information based on evidence. Although the experts are considered independent but if they are hired by any individual, company or the tribunal, they must comply with the designated responsibilities.
According to the International Bar Association rules, the report provided by an expert should exhibit his/her own individual viewpoint independent of the involved parties, legal professional or tribunal members’ affirmation.
It means that a financial appraiser is free to support one stance based on evident irrespective of the fact that it may be against his own client. In short, the involvement of the industry expert enables the tribunal to take a decision based on facts and figures.