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Best Practices for Developing a Contractor’s Request for Compensation

Best Practices Construction Law

Recently, Cordell sent me a list of items that all contractors should review when developing a request for additional compensation. This includes talking about the anticipated means and methods with estimator/project engineer; reviewing crew sizes and anticipated crew movements; analyzing the anticipated productivity (per cy, sf, etc.)

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The pros and cons of becoming a subcontractor

Fieldwire

You may need to pay quarterly estimated taxes, depending on how much you make from your subcontracting work. Because subcontracts are negotiated rather than bid upon, you may not need bonds for subcontracts. You’ll be responsible for paying your own taxes and for keeping track of your income and expenses.

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Why Some Job Order Contracts Fail

Job Order Contracting

JOC project managers also must make certain that all participants are clear on what roles each person has to play, and how each person’s contributions to the project will evaluated and/or compensated. Focus must be upon negotiation and mutually satisfactory resolutions. Over, communication and collaboration are is central to success.

Contract 100
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A glossary of terms with reference to Construction Cost Estimating

Construction Cost Estimating

Allowance - a value in an estimate to cover the cost of known but not yet fully defined work. As-sold estimate - the estimate which matches the agreed items and price for the project scope. This total or subtotal is usually identified as such in an estimate report. Also known as Total Estimated Contract Cost (TECC).

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Job Order Contract Execution Guide – Sample Template

Job Order Contracting

project task/line item, a full description in plain English, a unit of measure and a corresponding unit price, including labor, material, and equipment details, and an associated approved contractor coefficient are to be the basis for Contractor compensation. The total estimate for a JO is multiplied by by the contractor’s coefficient.

Contract 100
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Construction Project Manager Field Guide

cnstrctr

Total Compensation Of A Construction Project Manager By Years Experience. Total compensation for the role can be made up of a number of thing, these include your base salary, a stock options or share offering, regular bonuses, flexible hours, medical and personal benefits, travel and vehicle allowances and many more. 125k-250k.

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Provide Notice (and 10 Other Tasks) When Pursuing a Construction Claim

Best Practices Construction Law

This includes talking about the anticipated means and methods with estimator/project engineer; reviewing crew sizes and anticipated crew movements; analyzing the anticipated productivity (per cy, sf, etc.) Identify any trends and determine whether there is a causal event for any loss of productivity that may be compensable.

Claims 48