Fieldwire

AUGUST 14, 2023

It’s fairly common, especially on commercial and public construction projects, and typically ranges from 5 - 10% of the total contract price. So on a $100,000 contract with 10% retainage, the contractor doesn’t have to fork over ten grand at the beginning. Retainage is up for negotiation Retainage is not set in stone.

Contractors 98

Contractors Cash Flow Lien Negotiation 98

Job Order Contracting

MARCH 29, 2017

Best Practice Job Order Contracting. The DOD has long been recognized as the leader in best practice job order contracting. Thus while County, State, and Local Governments in general have a ways to go in deploying Best Practice Job Order Contracting, the potential benefit are certainly worth the effort. Note that for.

Contract 100

Contract Office Negotiation Procurement 100

Job Order Contracting

FEBRUARY 20, 2018

A Job Order Contract Execution Guide is a required element for any successful, best management practice JOC Program. The following template is provide for sample purposes only and should not be used a legally bidding document without through review and modification by appropriate Owner legal counsel. DEFINITIONS.

Contract 100

Contract Organization Change Orders Overhead 100

Job Order Contracting

NOVEMBER 7, 2017

Setting up a Job Order Contract Using Best Management Practices involves a mix of strategic and operational steps including a gap analysis of current and planned outcomes. . d) An indefinite-delivery, indefinite-quantity (task order) contract which provides for the use of negotiated, definitive, bilateral orders (i.e.,

Contract 100

Contract Management Negotiation Estimating 100

Construction Law

APRIL 2, 2024

News Our news round up looks at Birmingham City Council on the verge of starting the judicial review application to try and reverse a government refusal to approve a major highways contract; a warning to avoid ‘group think’ in major public sector project delivery; and a new framework to promote the use of artificial intelligence in project delivery.

Construction 52

Construction Liability Risk Contract 52

Levelset

APRIL 15, 2022

When a property owner files an insurance claim to cover a restoration or roofing project, the owner typically deals directly with the insurance company. They may not have the funds available to pay the contractor out of pocket, so they’re counting on that insurance check to cover the construction costs. Setting up an AOB.

Insurance 52

Insurance Contractors Lien Claims 52

Construction and Infrastructure Law

JANUARY 9, 2020

Indemnification clauses appear in nearly every agreement, but they are often overlooked as mere boilerplate provisions after the parties have painstakingly negotiated all of the other terms. This often includes entities and persons related to the contracting parties, not just the parties themselves. Code § 2782; N.Y. Laws § 5-322.1;

Liability 90

Liability Agreement Drafting Insurance 90

Construction and Infrastructure Law

JANUARY 9, 2020

Indemnification clauses appear in nearly every agreement, but they are often overlooked as mere boilerplate provisions after the parties have painstakingly negotiated all of the other terms. This often includes entities and persons related to the contracting parties, not just the parties themselves. Code § 2782; N.Y. Laws § 5-322.1;

Liability 52

Liability Agreement Drafting Insurance 52

Building Information Management

APRIL 25, 2016

Subpart 5117.90 – Job Order Contracts. general and administrative and other overhead costs, insurance costs, bonding and alternative payment protection costs, protective clothing, equipment rental, sales tax and compliance with tax laws, and also contractor’s profit). 5117.9003 Use of job order contracts.

Contract 40

Contract Negotiation Office Estimating 40

Best Practices Construction Law

NOVEMBER 4, 2015

Generally, you have to make sure that you comply with the contract or insurance provisions by: (1) giving written notice of the claim; (2) to the correct party; (3) within the time required; and (4) identifying the event giving rise to the claim. Also, you will want to identify any contract interpretation issues.

Claims 48

Claims Change Orders Legal Schedule 48

Help Everybody Everyday

MARCH 6, 2009

As a Principal, Business Developer, or someone who is responsible for bringing in business for your construction firm, you are very likely to come across contracts. Contracts are an agreement signed by your firm and a client that sets the rules for the work to be done. Deal Breakers. “Pay when paid” clauses.

Contract 48

Contract Claims Legal Lien 48

Autodesk Construction Cloud

FEBRUARY 3, 2023

This is a chance for everyone to get to know key stakeholders, breaking down siloes between procurement and legal, scheduling and management, and so forth. Contract review Review all contracts, plans, and legal documents with all stakeholders. If any concerns come up, this a chance to address them.

Change Orders 52

Change Orders Documentation Schedule Budgeting 52

Constructlaw

DECEMBER 7, 2020

Reynolds: The COVID-19 pandemic’s impact on the global economy has led to an increase in breach of contract claims, and a parallel rise in novel breach of con­tract defenses focused on excuses for non-performance. According to another, in the United States, there are pre­sently more than 1,250 pandemic insurance litigations.

Claims 40

Claims Insurance Bankruptcy Legal 40

Construction Lawyer

MAY 2, 2012

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. A Legally Inclined Weblog. >. Mortenson won the issue.

Contract 40

Contract Illinois Legal Construction 40

Construction Law Monitor

AUGUST 24, 2012

I recently found a good article on JDSupra.com , always a great source for solid legal content, regarding California Senate Bill 474. This Bill protects subcontractors when contracting so that they cannot be held liable to indemnify the general contractor or owner from certain types of negligence.

California 54

California Subcontracting Contract Legal 54

Construction Business Owner

DECEMBER 1, 2011

INSURANCE |. Tip #1: Negotiate Fuel Costs. Before you go down the negotiating path, be sure you know your overall consumption by gallons. Home Contact Us About Us Subscribe Advertise Legal Disclaimer Site Map -->. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. April 2012.

Construction 136

Construction Software Software US 136

Construction Business Owner

FEBRUARY 16, 2012

INSURANCE |. Many contractors negotiate payment due dates with their vendors to get themselves out of short-term cash binds. Home Contact Us About Us Subscribe Advertise Legal Disclaimer Site Map -->. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology.

Banking 120

Banking Construction Cash Flow Finance 120

Construction Law Monitor

APRIL 15, 2015

Due to this misinformation, many contractors either avoid projects requiring bonds, thus missing great work opportunities; or sometimes even operate without them, which jeopardizes their legal standing and puts their whole company at risk. The bond price is usually somewhere between 1% and 3% of the contract sum.

Insurance 40

Insurance Bankruptcy Contract Claims 40

Contractor Bookkeeping

JUNE 20, 2014

Insurance - Is critical to your construction company. General Liability and Auto/rental equipment insurance can help protect you and your company against claims for personal injury and property damage, and may provide you with legal defense of those claims. Bonds or guarantees are provided by surety companies.

Insurance 48

Insurance Construction Accounting Claims 48

Contractor Bookkeeping

JUNE 15, 2012

Insurance - Is critical to your construction company. General Liability and Auto/rental equipment insurance can help protect you and your company against claims for personal injury and property damage, and may provide you with legal defense of those claims. Bonds or guarantees are provided by surety companies.

Contractors 48

Contractors Insurance Claims Lien 48

Construction Law Monitor

JULY 12, 2011

The hearty list of online services offered by CSLB includes, checking on a license, filing a complaint, the full database of all licensed contractors, processing times, searches for surety bond companies and workers comp insurance companies. As always seek the advice of legal counsel when contemplating licensing, contracting, and negotiating.

Contractors 54

Contractors California Legal Resource 54

Construction Business Owner

APRIL 4, 2011

INSURANCE |. – will ultimately determine if you are on the bid list or in the negotiating room for the next project. Home Contact Us About Us Subscribe Advertise Legal Disclaimer Site Map -->. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology.

Construction 120

Construction Software Software Accounting 120

Contractor Bookkeeping

JANUARY 2, 2015

Insurance - Is critical to your construction company. General Liability and Auto/rental equipment insurance can help protect you and your company against claims for personal injury and property damage, and may provide you with legal defense of those claims. Understand When A Transaction Is Income - And when it is not income.

Construction 48

Construction Insurance Accounting Claims 48

Revit OpEd

DECEMBER 22, 2017

Finally, the provision adds a transition rule for compensation that is provided pursuant to a written binding contract which was in effect on November 2, 2017. Under the transition rule, compensation provided pursuant to a contract that qualifies for the rule will not be subject to the changes made by the Tax Bill. Observations.

Employment 85

Employment Compensation Agreement Income 85

Construction Law Monitor

APRIL 15, 2015

Due to this misinformation, many contractors either avoid projects requiring bonds, thus missing great work opportunities; or sometimes even operate without them, which jeopardizes their legal standing and puts their whole company at risk. The bond price is usually somewhere between 1% and 3% of the contract sum.

Insurance 40

Insurance Bankruptcy Contract Contractors 40

Construction Lawyer

APRIL 3, 2012

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. A Legally Inclined Weblog. >.

Claims 40

Claims Agreement Illinois Subcontracting 40

Construction Lawyer

MAY 13, 2009

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. A Legally Inclined Weblog. >.

Risk 40

Risk Design Illinois AIA 40

Green Building Law Update

DECEMBER 27, 2017

The employer opts out of certain services with one vendor and contracts another to deliver the previously opted-out services. COBRA: The Consolidated Omnibus Budget Reconciliation Act is a 1985 Federal law that requires employers to offer continued health insurance coverage to terminated employees and their beneficiaries.

Employment 247

Employment Compensation Insurance Discrimination 247

Building Information Management

APRIL 24, 2016

JOB ORDER CONTRACTING. Job Order Contracting GUIDELINES & PROCEDURES. LEAN best management practices are integral to the administration of a Job Order Contract (JOC). Job order contracts, provides a flexible and responsive contractual capability in supporting its real property maintenance and renovation mission.

Contract 40

Contract Contractors Materials Site 40

CivilJungle

DECEMBER 21, 2021

The construction management at risk deals under a single contract , the CM is chosen on his qualification. Construction manager at risk pros is, under a single contract, the CM is chosen on his qualification. Construction Manager at Risk Contract. Risk Contract Management. Contractor Risk Management. Construction Risk.

Risk 52

Risk Management Contractors Construction 52

Building Information Management

SEPTEMBER 23, 2015

Simplified Acquisition of Base Engineer Requirements (SABER) contracts provide a streamlined means to complete construction projects estimated at less than 750K. Contracting personnel and civil engineers are encouraged to adapt their SABER-like acquisitions and processes to meet their local needs and the local environment. Definitions.

Engineering 40

Engineering Negotiation Contract Estimating 40

Construction Cost Estimating

MARCH 11, 2015

Special Enumerated Fees You or your contractor can want correct insurance policy to shield the building throughout construction, and to shield against damage to others (liability). The legal fees square measure straightforward to run up if you need easements or variances. Banks, Insurance agents, Surveyor, Engineers and Lawyer.

Estimating 40

Estimating Bidding Budgeting Budget 40

Buisness Facilities Contributed Content

APRIL 15, 2014

The exceptions are for financial institutions, financial institution groups, and insurance companies that have a maximum business privilege tax of $3,000,000. This credit can also be claimed against the insurance premium tax, the oil and gas production and property taxes, the fisheries business and landing taxes, and the mining license tax.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

RESEARCH AND DEVELOPMENT INCENTIVES: University Based Research and Development – An eligible business that contracts with one or more Arkansas colleges or universities in performing research may qualify for a 33 percent income tax credit for qualified research expenditures. FOREIGN TRADE ZONES (FTZs): Secured areas legally outside of U.S.

Income 75

Income Finance Zoning Equipment 75