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ASA Manual Helps Subcontractors Navigate ‘Retainage Laws in the 50 States’

Construction Business Owner

(April 1, 2013) — The American Subcontractors Association unveiled a legislative work kit containing model state legislation to address the lack of payment assurances for construction subcontractors on projects financed by public-private partnerships.

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LEAN Job Order Contracting

Job Order Contracting

Effectively manage concept development, requests for proposals, joint site visits, proposal reviews and negotiations, approvals/notices to proceed, regular inspections, checklists, close-outs, warranties, and more! BIM Model management. Linked BIM model. Service Level Agreement. Make better decisions faster. Components.

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Selling Your Home Building Company? Here's What to Expect

Pro Builder

You also need to prepare key information about the assets that will be presented to bidders, who will then use that data to evaluate your business and populate their own cash flow and valuation models. At our advisory firm, we urge sellers to disclose everything … including the good, the bad, and the ugly. Diligence and Closing.

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How to Protect Your Business When Employees Get Poached

Pro Builder

Those items proved valuable resources for conducting his new duties—so valuable that his previous employer sued for violation of confidentiality and nondisclosure agreements and for illegal use of trade secrets. Businesses looking to negotiate this rocky terrain have a valuable tool at their command: restrictive covenants.

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Should “Prevailing” Wages Be Tied to Union Rates?

Construction Dive

The federal model, of course, is the Davis-Bacon Act. Too often, say critics, the “prevailing” wages are the same as those negotiated in collective bargaining agreements. By Bruce Jervis Prevailing wage statutes go back to the Great Depression era.

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Best Practice Job Order Contracting

Job Order Contracting

d) An indefinite-delivery, indefinite-quantity (task order) contract which provides for the use of negotiated, definitive, bilateral orders (i.e., This proposal is subsequently evaluated, and agreement is reached on quantities, time, performance period, etc., through discussions and negotiations. d) Negotiations. (1)

Contract 100
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Public RFPs: What Do We Do With You?

Constructonomics

If government entities started negotiating contracts directly with contractors, it would become even more of a mess and everybody knows it. Many of the contracts are a standard AIA agreement, and while they appear to be relatively fair, supplements are often added that would make any right minded contractor run far, far away.

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