BWL Consulting has teamed-up with quantity surveyor Govericks and Acasta European Insurance to provide the service “targeted at construction companies who have a dispute or claim and lack the confidence to take it further for fear of spiralling legal costs.”
Paul Benson, director at BWL Consulting, said: “This will revolutionise the way that the adjudication process is financially de-risked for construction businesses, as it creates a resource to assess the merit of their dispute before deciding on the next steps, on a contingency basis.”
Construction companies involved in a dispute pay a fee to talk through their case with solicitors at BWL Consulting.
BWL will refer suitable cases to Acasta and if they agree insurance cover contractors can proceed to adjudication knowing that the legal and expert costs will be covered.
Richard Beckwith, head of dispute resolution at BWL Consulting, said: “We are aware that contractors do not follow formal adjudication procedures due to the fear of increasing legal and adjudicator’s fees, even if they have a strong case.
“Our insurance-backed solution provides the confidence contractors need to follow up a dispute when they know they are entitled to claim.
“The added expertise from our construction consultancy services team and partners creates a complete solution source for businesses, adding that extra assurance that sets us aside from the competition.
“For the first time, this creates a level playing field for construction businesses of all sizes to follow adjudication proceedings.”