Construction projects are rarely a walk in the park. Disagreements about payment are a common source of frustration for both homeowners and contractors. If you’ve recently completed work and believe the contractor owes you more than they’re willing to pay, “true value adjudication” might be the answer you’ve been looking for.
Here at Blackstone Solicitors, we understand the complexities of construction disputes. This article will explain what true value adjudication is, how it differs from “smash and grab” adjudication, and how Blackstone Solicitors can help you navigate the process.
Free Initial Telephone Discussion
For a free initial discussion with a member of our New Enquiries Team, get in touch with us today. We are experienced in dealing with all the legal aspects of true value adjudication in construction, and once instructed, we will review your situation and discuss the options open to you in a clear and approachable manner. Early expert legal assistance can help ensure you are on the best possible footing from the start and also avoid the stress of dealing with these issues on your own. Simply call us on 0345 901 0445 or click here to make a free enquiry and a member of the team will get back to you.
What is True Value Adjudication?
Imagine you’ve finished your building project, but the contractor claims you owe them more money than what you believe is fair. This is where true value adjudication comes in. Unlike smash and grab adjudication, which focuses solely on recovering the invoiced amount, true value adjudication digs deeper.
Here’s the key difference:
- True Value Matters: In a true value adjudication, an independent adjudicator assesses the actual value of the work completed. They’ll consider the contract terms, the quality of workmanship, and any variations or changes made throughout the project.
- Reaching a Fair Settlement: Based on their assessment, the adjudicator will determine a fair and reasonable payment amount for the work completed. This can result in an award to either party: you might be entitled to additional payment, or the contractor might be ordered to return any overpayment they received.
Think of it like this: A true value adjudication is a more comprehensive approach. It goes beyond the initial invoice and considers all the details of the project to determine the true financial value of the completed work.
When is True Value Adjudication the Right Choice?
True value adjudication is a valuable tool in various situations, including:
- Disputes Over Final Payment: If you believe the final invoice from the contractor is too high, a true value adjudication can help determine the fair value of the work.
- Changes and Variations: Did the project scope change during construction? True value adjudication can help assess the financial implications of these changes.
- Poor Workmanship: If the contractor’s work falls below the agreed-upon standards, a true value adjudication can result in reduced payment to reflect the lower quality.
Important Considerations Before You Proceed
While true value adjudication can be beneficial, there are a few things to keep in mind:
- Contractual Terms: Just like with smash and grab adjudication, check your construction contract to see if it allows for true value adjudication.
- Time Limits: Most construction contracts have strict time limits for initiating adjudication proceedings. Missing these deadlines could weaken your case.
- Costs Involved: Adjudication can be expensive, with both parties sharing the costs of the adjudicator’s fees.
Feeling Overwhelmed? Blackstone Solicitors Can Help!
Construction disputes can be complex and stressful. If you’re considering true value adjudication, Blackstone Solicitors can be your trusted advisor:
- Contract Review: Our legal experts will meticulously examine your construction contract to determine if true value adjudication is a viable option and what specific procedures need to be followed.
- Building a Strong Case: We’ll work with you to gather evidence supporting your claim, including project documentation, expert reports (if necessary), and communication with the contractor.
- Expert Representation: Blackstone Solicitors will represent you throughout the adjudication process, presenting your arguments effectively and ensuring your rights are protected.
- Exploring Alternatives: In some cases, negotiation or mediation might be a more suitable approach. We’ll explore all options to achieve a fair and efficient resolution.
Knowledge is Power in Construction Disputes
True value adjudication offers a reliable mechanism for resolving disagreements about the final payment for construction work. Understanding what it entails, its limitations, and when it might be the right approach are crucial for protecting your financial interests in a construction project.
Blackstone Solicitors are here to guide you through the process every step of the way. Contact us today for a consultation, and let’s work together to ensure you receive fair compensation for the work completed on your project.
How We Can Help
We have a proven track record of helping clients deal with true value adjudication. We will guide you diligently and ensure all checks are carried out swiftly and efficiently and we firmly believe that with the right solicitors by your side, the entire process will seem more manageable and far less daunting. You can read more about the range of construction law services we offer by clicking here: https://blackstonesolicitorsltd.co.uk/construction-solicitors/
How to Contact Our Construction Solicitors
It is important for you to be well informed about the issues and possible implications of a true value adjudication. However, expert legal support is crucial in terms of ensuring a positive outcome to your case.
To speak to our Corporate solicitors today, simply call us on 0345 901 0445, or click here to make a free enquiry. We are well known across the country and can assist wherever you are based. We also have offices based in Cheshire and London.
Disclaimer: This article provides general information only and does not constitute legal advice on any individual circumstances.
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