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Can Change Orders Jeopardize Bond Protection?

Construction Dive

The bonds incorporate the terms of the construction contract or subcontract by reference. And those contracts authorize alteration through change orders. But what if the surety discovers that the change order process has radically altered the contract it originally agreed to cover? ” Read more.

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Lean Construction – Overcoming decades of mistrust, lack of communication, and opposition between facilities owners, designers, engineers, and builders.

Job Order Contracting

Lean Construction – Overcoming decades of mistrust, lack of communication, and opposition between facilities owners, designers, engineers, and builders… possible? Only two of the following construction delivery methods are LEAN. Construction Project Delivery Comparison. Do you know which they are? Advantages.

Design 130
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The Real Lemon in the Bunch: Understanding Pay-If-Paid Clauses in Construction Contracts

Best Practices Construction Law

As you may be aware, one of the greatest risks on a construction project involves the payment process. Contractors have a means of shifting the risk of non-payment by the owner to its subcontractor by including a certain payment provisions in the subcontract agreement. Turner Construction Company , the U.S. However, in Thomas J.

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

Autodesk Construction Cloud

We discuss: The current state of construction contracts. Best practices for handling change orders. Construction technology and the future of contracting and payments. Understand the state of contracts and payment terms in construction. The difference between secured and unsecured debts.

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Job Order Contract Execution Guide – Sample Template

Job Order Contracting

administration of the Job Order Contract (JOC), a Contract designed to provide the ORGANIZATION NAME with a flexible and responsive contractual capability in support of their renovation, repair, and minor new construction services needs. These negotiations must precede the JO award/approval and are not allowed on a Change Order basis.

Contract 100
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#100:  Dealing With Rising Costs

NH Construction Law

It’s no secret to anyone involved in the construction industry that materials prices have been increasing by leaps and bounds recently. Any delay in the start of construction puts the contractor in a tough position here. Steel, copper, PVC, drywall, and particularly lumber prices are dramatically higher compared to a year ago.

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The Best Way for Trade Contractors to Stay Out of the Courtroom

Pro Builder

Once we decide what actions to take, if there is a price increase, I will prepare a written change order explaining the additional work and the increased cost, I will not start on the extra work until I have a signed change order approving the work.". Payment Terms.