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Digital Builder Podcast Ep 22: How Specialty Contractors Can Navigate Contracts & Get Paid On Time

Autodesk Construction Cloud

For this reason, construction professionals must find better ways to craft and negotiate agreements. She recalls her experience speaking with a fellow attorney who had to go through a 129-page subcontract that could have been cut down to ten pages. Another common type of agreement is the Guaranteed Maximum Price (GMP) contract.

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Litigation Topics for Prime / Subcontractor Contracts

Construction Law Monitor

A good subcontractor will have his attorney review any agreement to make sure that the deal is an even one. Commonly litigated subcontract provisions. Commonly litigated subcontract provisions. Lien Waivers. A well crafted contract can better protect a prime and/or a sub when default arises. “Pay-when-paid” v.

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Subcontractor Default Insurance: Pros & Cons for General Contractors

Levelset

SDI helps general contractors cover the expenses that are incurred when a subcontractor fails to perform according to the terms of their agreement. In addition, SubGuard does not provide protection against mechanics liens from unpaid second-tier subs and suppliers. Include X amount of additional profit in your bid.”.

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Job Order Contracting – Best Practices Implementation

Building Information Management

The contractor(s) may submit sample bids and a coefficients (a multiplier(s) to be applied to the referenced unit price book. JOC, an annual contract and multiple option year agreement for general construction, generally requires the Contractor to e furnish associated labor, tools, materials, equipment and transportation. Subcontracts.

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A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

00 11 13 Advertisement for Bids. 00 11 16 Invitation to Bid. 00 24 13 Scopes of Bids. Scopes of Bids (Multiple Contracts). Scopes of Bids (Multiple-Prime Contract). 00 25 13 Pre-Bid Meetings. 00 41 00 Bid Forms. 00 41 13 Bid Form – Stipulated Sum (Single-Prime Contract). Requirements.

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A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

00 11 13 Advertisement for Bids. 00 11 16 Invitation to Bid. 00 24 13 Scopes of Bids. Scopes of Bids (Multiple Contracts). Scopes of Bids (Multiple-Prime Contract). 00 25 13 Pre-Bid Meetings. 00 41 00 Bid Forms. 00 41 13 Bid Form – Stipulated Sum (Single-Prime Contract). Requirements.