Construction Business Owner
MARCH 26, 2021
Fri, 03/26/2021 - 11:30. It’s nearly impossible to make any money when contracts allow just 10% and your subcontract only allows for 15% total overhead and profit markup on change orders, or time and material costs plus work. How to Make Changes & Still Make Money. Alex Headley.
NH Construction Law
JULY 22, 2023
Commercial construction subcontracts frequently incorporate by reference provisions of the prime contract between the owner and the general contractor, often with language requiring the subcontractor to assume toward the general contractor all duties owed by the general contractor to the owner. 5th 658 (2021), went the other way.
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Autodesk Construction Cloud
MAY 3, 2022
The labor and material shortages occurring in today’s construction market and limited available financial resources make the market extremely competitive. It can be difficult to stand out and get the jobs you want as a subcontracting firm. . 2021 was a record year in terms of growth for the construction industry.
Federal Construction Contracting Blog
DECEMBER 4, 2023
On October 3, 2023, the FAR Council released two proposed rules for federal contractor cybersecurity requirements that relate to cyber threat and incident reporting and information sharing (case 2021-017 ) and standardizing cybersecurity requirements for unclassified federal information systems (case 2021-019 ).
Levelset
JUNE 29, 2022
In this article, we’ll look at the top 10 violations found during OSHA inspections in 2021, the cost of OSHA violations, and how to prevent them. Unsurprisingly, the most common OSHA violation in construction in 2021 was the failure to provide appropriate fall protection. OSHA standards for construction. Contract breach es.
Construction Enquirer
AUGUST 9, 2023
Joint administrators Geoff Rowley and David Hudson at FRP blamed the firm’s sudden demise after reporting solvent accounts a year before on a sudden squeeze on fixed price contracts from materials and labour inflation. in 2021 and by 15% in 2022 when previous increases were some 3-5% per year.”
Federal Construction Contracting Blog
AUGUST 30, 2021
For example, one of the rules makes noteworthy changes to the FAR’s Limitations on Subcontracting, resulting in a more friendly regulatory landscape for small business prime contractors. Limitations on Subcontracting – Helpful Changes for Small Business Prime Contractors.
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