The Construction Industry Council Low Value Disputes Model Adjudication Procedure (CIC LVD MAP) launched via a webinar during lockdown. (It was scheduled to be published in March 2020 at a launch at RICS, but due to Covid-19 this was postponed).
The CIC LVD MAP encourages the use of adjudication as a disputes resolution process where the amount is small (lower than £50,000). It is in response to growing construction industry concerns about the increasing complexity and prohibitive costs of adjudication. The purpose is to provide a simple and cost-effective procedure to make adjudication more accessible for SMEs and others involved in lower value claims and the issues in dispute are relatively uncomplicated.
For more, visit bit.ly/LVDmap
Picture Credit | Shutterstock
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