Imagine you're an RICS quantity surveyor working on a large hospital construction project. The main contractor submits a loss and expense claim for £500,000 due to unforeseen delays caused by the late delivery of specialised medical equipment. Your job is to assess the validity of the claim and negotiate a fair settlement with the contractor.
Preparation
Initial Discussion
Negotiation and Concession
Reaching an Agreement
Throughout the negotiation process, remember to adhere to RICS professional standards and guidance, including: