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The President of ITT on the problems of negotiations between the parties of construction process

General contractors and developers should discuss the problems of their negotiation process, the reasons for budget deficit and real estate projects quality deterioration and also the risks and alterations of the projects.
Touching the problem of terms violations and interference into the project realization the President of ITT Oksana Markarova expressed the opinion that the changes into the project had often been made before, when the construction moved on quickly and the companies hurried up to construct, finishing the engineering during the construction. Today the market doesn’t practice such things and won’t do that anymore. Today’s investors realize their responsibility and the construction starts only after the adoption of major documentation and general project. The exception may only be small objects.