| Title |
Improvement Plan for Domestic Construction Claims Disputes Resolution Process : Focused on the Construction Bonds |
| Authors |
kim, Jong-Seo ; Lee, Jae-Sub |
| Keywords |
Construction Claims ; Construction-Bonds Claims Suretyship ; Litigation |
| Abstract |
This study analyzed and summarized claims that took place during the past three years in the Korean construction-bonds market. Specifically, this study first examined the trend of construction-bonds claims. Second, the claims categorized according to the types of projects, suretyships, duration of settlement, amount of repayment and so on. Finally, based upon the analyzed results several suggestions, which will improve the efficiency of construction claim process, were provided. |