Levelset

JUNE 6, 2022

In an attempt to hold contractors accountable, many projects use retention holdbacks, also known as retainage. These holdbacks need to be accounted for by every party to a project: owner, general contractor, and subcontractor. Retention receivable and payable is different from accounts receivable and payable. View profile.

Accounting 98

Accounting ABC Banking Liability 98

Green Building Law Update

MARCH 8, 2020

This blog post highlights the legal risk associated with ESG disclosures and proffers that with green building practices companies can mitigate their legal risk while still being responsive to the trend of investor demands for more disclosure. But the risks associated with ESG disclosures are real and should not be underestimated.

Legal 256

Legal Risk Claims Sustainability 256

Construction Law

MAY 23, 2024

To read more of this and every other news story on this site, please log in with your Construction Law membership account details. If you don't have an account, you can get free access to the news on this site and receive a free newsletter on Fridays by creating a Newsletter account. See the panel to the right.

Risk 52

Risk Accounting Contract News 52

Viewpoint Construction Technology

NOVEMBER 15, 2021

Old-fashioned construction accounting can’t win against today’s complex projects and high-risk landscape. Viewpoint Analytics brings powerful reports.

Viewpoint 320

Viewpoint Profitability Accounting Risk 320

Construction Law

DECEMBER 3, 2023

A landlord and a property management company have been given record fines after being found guilty of putting tenants at risk following a Kensington and Chelsea Borough Council investigation and prosecution. To read more of this and every other news story on this site, please log in with your Construction Law membership account details.

Risk 40

Risk Accounting News Site 40

Construction Dive

JULY 11, 2023

Contractors should recalibrate risk to account for today’s challenges in order to mitigate disputes and potential litigation.

Risk 78

Risk Accounting Contractors Construction 78

Construction Law

MAY 3, 2024

To read more of this and every other news story on this site, please log in with your Construction Law membership account details. If you don't have an account, you can get free access to the news on this site and receive a free newsletter on Fridays by creating a Newsletter account. See the panel to the right.

Risk 52

Risk Accounting News Site 52

Construction Law

MAY 2, 2024

To read more of this and every other news story on this site, please log in with your Construction Law membership account details. If you don't have an account, you can get free access to the news on this site and receive a free newsletter on Fridays by creating a Newsletter account. See the panel to the right.

Legal 52

Legal Risk Structural Engineering Accounting 52

Construction Law

APRIL 26, 2024

To read more of this and every other news story on this site, please log in with your Construction Law membership account details. If you don't have an account, you can get free access to the news on this site and receive a free newsletter on Fridays by creating a Newsletter account. See the panel to the right.

Risk 52

Risk Accounting News Site 52

Construction Business Owner

APRIL 10, 2023

Understanding Tech Options & How They Impact Operations ccapoccia Mon, 04/10/2023 - 08:12 Software selection can be a daunting task, whether it’s for accounting, project management, scheduling, estimating, timecard capture, contact management or another process. Software becomes part of your infrastructure.

Software 303

Software Software Profitability Project Management 303

Construction Law

APRIL 18, 2024

To read more of this and every other news story on this site, please log in with your Construction Law membership account details. If you don't have an account, you can get free access to the news on this site and receive a free newsletter on Fridays by creating a Newsletter account. See the panel to the right.

Legal 52

Legal Risk Structural Engineering Accounting 52

Construction Enquirer

AUGUST 29, 2023

The company said: “Despite a challenging macro-economic environment, McGee delivered a strong performance in FY2022, highlighting its ability to anticipate, adapt, and mitigate risks. “Our ability to mitigate risks and build authentic, collaborative relationships has been the cornerstone of our success in recent years.

Risk 77

Risk Profitability Security Engineering 77

Pro Builder

AUGUST 26, 2020

What’s Your Home’s Flood Risk Score? A shortcoming of FEMA flood maps is they’re dated, look backwards, and don’t account for the impact of climate changes since they were drawn. homeowner and home buyer will be able to see a new analysis of their property’s flood risk. Wed, 08/26/2020 - 10:40.

Risk 98

Risk Foundation Education Accounting 98

Construction Law

NOVEMBER 17, 2023

A landlord and a property management company have been given record fines after being found guilty of putting tenants at risk following a Kensington and Chelsea Borough Council investigation and prosecution. To read more of this and every other news story on this site, please log in with your Construction Law membership account details.

Risk 40

Risk Accounting Housing News 40

Learn Civil Engineering

APRIL 1, 2023

Accounting plays a vital role in today’s business world as it’s the language of business. Accounting is crucial for businesses of all sizes and types. It’s a system of recording, reporting, and analyzing a company’s financial transactions to provide valuable information to investors and stakeholders.

Accounting 52

Accounting Finance Management Risk 52

Autodesk Construction Cloud

SEPTEMBER 13, 2022

So how can companies optimize for their bottom line without putting their businesses at risk? . Firms that want to stay both competitive and resilient in an evolving economic landscape need a strong risk management strategy – yet this is easier said than done. Risk management is a multifaceted challenge.

Autodesk 105

Autodesk Risk Industrial Construction 105

Construction Law

JANUARY 4, 2024

To read more of this and every other news story on this site, please log in with your Construction Law membership account details. If you don't have an account, you can get free access to the news on this site and receive a free newsletter on Fridays by creating a Newsletter account. See the panel to the right.

Risk 52

Risk Accounting News Site 52

Pro Builder

OCTOBER 4, 2021

Risk of Cyberattacks. As predominantly small- and medium-size companies, home builders and trade contractors are especially vulnerable to cybersecurity issues, so it's important for them to understand the risks and take action to protect their companies. SVP Risk Services Division. PB: What should cyber risk training cover?

Risk 98

Risk Defense Organization Insurance 98

Construction Law

APRIL 5, 2024

To read more of this and every other news story on this site, please log in with your Construction Law membership account details. If you don't have an account, you can get free access to the news on this site and receive a free newsletter on Fridays by creating a Newsletter account. See the panel to the right.

Industrial 52

Industrial Risk Accounting News 52

Job Order Contracting

AUGUST 15, 2023

Mechanism for sharing risks and benefits Sustainable Facilities Management [contact-form] The post Relationship-based Job Order Contracting appeared first on 4BT.

Contract 168

Contract Change Orders Documentation Accounting 168

Job Order Contracting

AUGUST 22, 2023

A robust preconstruction process mitigates risk, virually eliminates change orders, ensures regulatory compliance, provide cost transparency, reduces project delivery times, and overall construction costs by 30%-40%+ vs. traditional methods. #1. Real property owner commitment, capabilty, and accountability. #3 4 Quantitative metrics.

Procurement 194

Procurement Change Orders Accounting Risk 194

Viewpoint Construction Technology

JULY 24, 2018

HR, Finance and Accounting Professionals: Learn How to Work Smarter Not Harder at Collaborate 2018. In the back office, accounting and HR teams are the workhorses that get these tasks done day in and day out. Viewpoint understands the challenges you face as an accounting, HR or other back-office professional. Don’t miss out!

Accounting 186

Accounting Finance Viewpoint IRS 186

Construction Business Owner

MAY 21, 2018

Today’s volatile construction industry, dominated by demanding owners, labor shortages, increasing competition and shrinking profitability, leaves many contractors wondering “How can we survive amidst growing risk and uncertainty?”

Accounting 128

Accounting Profitability Risk Contractors 128

Pro Builder

DECEMBER 7, 2020

Is Your Construction Team Prepared for Cyber Risks? While there are several cyber risks to monitor, ransomware and business email compromise attacks are two of the most common challenges we see contractors faced within our roles at Sentry Insurance. The account would then divert funds to the criminal instead. .

Risk 92

Risk Construction Security Bidding 92

Constructonomics

SEPTEMBER 17, 2014

Whilst the UK construction industry continues to see growth month on month, it still remains a potentially dangerous industry to be a part of, with the risk of injury apparent every day. This therefore shows that there is still a fair amount of work to be done to reduce the number of fatal accidents further and bring this percentage down.

Accidents 186

Accidents Risk Injury Construction 186

Pro Builder

OCTOBER 4, 2021

Risk of Cyberattacks. As predominantly small- and medium-size companies, home builders and trade contractors are especially vulnerable to cybersecurity issues, so it's important for them to understand the risks and take action to protect themselves. SVP Risk Services Division. PB: What should cyber risk training cover?

Risk 97

Risk Defense Organization Insurance 97

Job Order Contracting

OCTOBER 17, 2023

For decades attention has failed to focus on the need for continuous, competent, and accountable leadership and the effects upon finances, reputations, relationships, communities, and overall organizational missions.

Project Management 208

Project Management Management Procurement Construction 208

Stok

NOVEMBER 16, 2022

REALISTICALLY PRICE TRANSITION RISK At the moment, capital for the climate transition domestically and in emerging economies is often costlier due to perceived risks in policy uncertainty, technological developments, and less data on rate of returns. Referenced with the EU Taxonomy , any building that is not in line with 1.5

Risk 52

Risk Income Liability Banking 52

Construction Law

JULY 7, 2021

More than ever, a watchful eye will have to be kept on programmes; just as over-optimistic schedules will risk big problems somewhere along the critical path. It is poor risk management, unsuited to the increasingly sophisticated commercial world that contractors have to inhabit.

Risk 52

Risk Contract Management Maine 52

Job Order Contracting

MAY 21, 2022

It’s beyond time for improved leadership, competence, and accountability. GAO-19-157SP – Substantial Efforts Needed to Achieve Greater Progress on High-Risk Areas. GAO-22-104481 – DEFENSE INFRASTRUCTURE DOD Should Better Manage Risks Posed by Deferred Facility Maintenance.

Estimating 228

Estimating Construction Defense Risk 228

Construction Law

APRIL 12, 2024

Government housing and regeneration agency Homes England should be authorised to take more risk and to ‘be bolder’ in playing the role of master developer on more large regeneration and placemaking schemes, says a Cabinet Office Review. See the panel to the right.

Accounting 52

Accounting News Risk Site 52

Pro Builder

JANUARY 8, 2021

Online Leads Account for 51% of Home Builder Sales. Zoom and FaceTime have allowed sales representatives and buyers to connect at their convenience without health risks. cbroderick. Fri, 01/08/2021 - 09:47. According to latest Do You Convert data, 51% of home builder sales came from online leads in 2020. Read More. .

Accounting 59

Accounting Consulting Risk Management 59

Job Order Contracting

OCTOBER 19, 2023

Monte Carlo simulation) to develop a confidence interval around the point estimate. ■ Monte Carlo simulation) to develop a confidence interval around the point estimate. ■ Monte Carlo simulation) to develop a confidence interval around the point estimate. ■

Estimating 223

Estimating Life Cycle Documentation Schedule 223

Construction Law

MARCH 15, 2024

Turner & Townsend is warning clients that they need to carry out ‘robust procurement and pre-qualification checks’ to minimise the risk of contractor insolvencies impacting programmes as the industry climbs out of recession. See the panel to the right.

Industrial 52

Industrial Contractors Procurement Accounting 52

Green Building Law Update

AUGUST 12, 2018

that it closed its investigation into whether the company had misled investors about the risks that climate change posed to its business. While I was on the Baltoro glacier making my way down from K2 in Pakistan earlier this month the Securities and Exchange Commission informed Exxon Mobil Corp.

Risk 120

Risk Regulation Security Commissioning 120

Job Order Contracting

MARCH 28, 2024

Without out this, the vast majority of projects, approximately eighty percent or more (80%+) will continue to fail by being late, over budget, or viewed as not being satisfactorily completed by one or more parties. References: AIA (2007).

Procurement 190

Procurement Construction DC AIA 190

Job Order Contracting

MAY 4, 2023

Make certain that the selected year-of-expenditure reflects a realistic scenario, taking into account project planning and development durations, as well as construction. Risk and Uncertainty: Costs should be determined for uncertainties within an estimate. Process includes risk-based assessments of unknown and all uncertain costs.

Estimating 198

Estimating Construction Risk Documentation 198