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How long should a party to a construction project retain its project documents after completion? The good news: not forever. The bad news: longer than expected.
After completion of a construction project, the likelihood of becoming a party to a lawsuit should lessen over time. Claims regarding such issues as non-payment, delay and scope of work disputes are typically raised and pursued soon after completion of the project. These types of claims are usually recognized by the claimant sometime during or after completion of construction and soon acted upon for economic reasons.