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Insights

Oct 03

ResoLex and RICS collaboration

The partnership

Disputes in the construction and engineering sector are increasing year on year — both in complexity and cost — and they have a huge impact on the industry and wider economy. The damage caused is not just financial, projects are often delivered behind schedule, over budget and quality is undermined.

ResoLex  has entered into a partnership with RICS Dispute Resolution Service to deliver a new service designed to minimise the likelihood of disputes on major infrastructure and property development projects.

 What does the service involve?

Working with RICS, we have developed a combined risk analysis and early warning system to help contract parties identify and manage risk on a project — this includes identifying areas where there is a potential for conflict.

This new service provides a contractual mechanism for early identification and resolution of differences on projects without the need for formal dispute resolution processes. The combined service features a two-stage process, both of which are designed to identify potential issues early to prevent them becoming full scale disputes, which can be costly, time-consuming, ruin reputations and have a negative impact on working relationships.

Two-Stage Process

The joint service is innovative, but uses tried and tested processes which are proven to be effective, and draws upon the expertise and experience of both organisations.

ResoLex’s RADAR uses continual assessment and reporting processes to identify issues at an early stage. As an issue is identified, there are multiple routes open to the team for resolution. The senior project team may resolve it, it may be dealt with through internal negotiation between the Parties, or by referral to an independent assessment through the RICS Conflict Avoidance Panel (CAP). An important feature of the service is that there are pre-agreed processes available for further support and resolution. When necessary the project will draw on the expertise of RICS professionals, through the Conflict Avoidance Panel (CAP) process to facilitate resolution.

RICS ResoLex Collaboration

Stage one: RADAR

  • Secure and confidential
  • Early warning
  • Cost effective

The RADAR project horizon scanning service has been developed by ResoLex in response to its experience providing stakeholder engagement and dispute avoidance services on projects over the last 15 years. It is a unique service which bridges the gap between forensic data and stakeholder perceptions, and completes the project communications feedback loop. It provides an early warning system which picks up issues that need attention and allows them to be addressed before they damage the project.

 

 

 

 

Stage two: CAP (Conflict Avoidance Panel)

  • Promotes open and honest communication
  • Creates a collaborative environment
  • Avoid escalation to litigation or arbitration
  • Provides independent recommendations from an expert

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