Bidding Contract Legal Liability 
Construction Marketing
JULY 11, 2022
If you learn that you need to purchase a surety bond to work as a contractor or to enter into a contract to perform work on a project, here is some information you should know about surety bonds and how they work for contractors. The second category of bonds you will likely encounter as a contractor is contract bonds. Bond Types.
Job Order Contracting
MARCH 1, 2017
JOB ORDER CONTRACTING Cooperatives play an important role for real property owners, facilities manager, and contractors. Here are some tips for contractors considering working with JOB ORDER CONTRACTING Cooperatives or considering changes in within specific programs. JOB ORDER CONTRACTING-NCPA. Army and U.S.
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Autodesk Construction Cloud
NOVEMBER 15, 2021
In a perfect world, a contract should include a clear set of instructions that conveys well-defined expectations to all parties concerned. This episode of Autodesk’s Digital Builder podcast addresses the most common challenges with contracts and how simple adjustments can ensure you fully understand what you’re signing.
Levelset
OCTOBER 13, 2022
Construction contracts often require that each hired specialty contractor maintain a minimum level of insurance coverage, and a COI will reflect that status. If you’re bidding on contract work, you will likely need a COI per terms of a legal agreement. Why a certificate of insurance matters.
Lets Build
MAY 7, 2020
After a project contract is agreed upon, and the construction plan and schedule have been finalised (including the schedule of values in accordance with works needed to be completed), the project owner may decide that the initial plans don’t meet his demands or the architect may detect a non-conformity that needs to be fixed.
Construction Business Owner
JANUARY 12, 2012
” » The Expensive Process of Bidding. Without spending money bidding projects, you can’t get jobs to make money building them. With more people bidding on fewer jobs, the market is much more competitive. Perhaps the toughest part, though, is that even if you bid a job and don’t win, you still incur costs to compete.
Construction Business Owner
APRIL 26, 2012
Know the Contract and Budget. Before work begins, understand fully what you’ve contracted to do by carefully reviewing the contract at hand. Legal language is often unclear, resulting in differences in interpretations that can disrupt and delay projects, increasing costs. Stay on Top of Changes. Make Valid Assumptions.
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