Evaluation of the Contractor Legal Reliability in Construction

The article discusses the issues of determining the legal reliability of a potential counterparty before making a decision on whether to cooperate with them. The relevance of this issue is undeniable, as the reliability of a counterparty is crucial for successful business partnerships in today’s environment. The main goal of this research is to identify the key indicators that can be used to assess the legal reliability of a counterparty and to determine their role in the analysis. These indicators can be divided into two categories: basic indicators and additional indicators. The basic indicators are applicable to all industries, while the additional indicators take into account the specific characteristics of each industry. The importance of taking into account industry-specific features is due to the fact that each industry has its own specific requirements, in addition to general requirements. The specific features of the interaction between organizations in the construction industry confirm the importance of considering certain additional indicators. The indicators allow us to assess various aspects of an organization’s legal capacity. As a result of this research, the role of each proposed indicator in diagnosing business risks associated with cooperation with an unscrupulous counterparty has been determined. The importance of analyzing the legal reliability of a counterparty has been emphasized, which allows for determining the further conditions of cooperation and minimizing potential risks.