Holloway Consulting is a Construction Consulting Firm providing services to law firms, public agencies, developers, owners, design professionals, construction managers, general and trade contractors, in both U.S. and Non-U.S. locations.
This page is intended for clients seeking to retain a construction consulting firm to assist with International Construction Contracts:
Construction Consulting Firms (U.S. and Non-U.S.)
The trend toward economic globalization, and the ever-growing international construction market, is having a major impact on the U.S. construction industry. The expansion and mergers of U.S. and non-U.S. construction corporations into multinational corporations and the implementation of international trade agreements, such as the North American Free Trade Agreement (NAFTA), the General Agreement on Tariffs and Trade (GATT) and the MERCOSUR (the trade pact between countries in the Southern Cone of South America), are having broad and far reaching impact on the construction industry. According to Engineering News Record (ENR), $3 trillion was spent on construction in 150 countries around the world last year alone2. Overall, construction accounts for about 10% of the world’s economy3. Early estimates for the new millennium indicate there is no sign of business slowing down. Worldwide construction spending could top $3.6 trillion this year according to a new report4.
International Construction Contracts
As the U.S. construction industry is entering the global market place in full force, both construction consulting firms such as Holloway and participants must be aware of the considerable legal risk involved. Global participants in the construction industry must remember that, although it is possible to export technical expertise and services abroad, U.S. contractors cannot take the U.S. legal system with them. Also, political risks are a significant concern, as is the availability and stability of the host nation’s currency.
Read more here about our work on International Construction Contracts
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Construction Consultants and Expert Witnesses
12081 W. Alameda Pkwy., #450
Lakewood, CO 80228-2701
Denver Phone: (303) 984-1941
International : (888) 545-0666
Fax: (303) 716-0432
See Selected Pages at Disputes In Construction.com
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