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How COP27 Impacts Real Estate: Pricing Real Estate Climate Risk

Stok

REALISTICALLY PRICE TRANSITION RISK At the moment, capital for the climate transition domestically and in emerging economies is often costlier due to perceived risks in policy uncertainty, technological developments, and less data on rate of returns. Referenced with the EU Taxonomy , any building that is not in line with 1.5

Risk 52
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Better Manage Construction Costs Schedules and Quality

Job Order Contracting

The errors and poor processes result in change orders, project delays, and legal disputes. It is defined within and Lean environment government by a long-term multi-party agreement and associated written Operations Manual / Execution Guide. 10% are due to equipment and/or materials delays, most off which could have been foreseen.

Schedule 163
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Generating greater insights for the UK water market with @One Alliance

Autodesk Construction Cloud

In the UK, the water industry announced its commitment to a carbon zero future by 2030, which is decades before the government’s legally binding target of 2050. There are often various safety requirements and legislative agreements the @One Alliance team must follow. This can also be accompanied by several layers of approvals.

BIM 98
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Presenting At Green Legal Matters This Week in New Orleans

Construction Law Monitor

The unavoidable marriage between the green and construction industries is why our construction law practice has paid very close attention to green legal issues. The first ever conference focusing on the green industry’s legal issues is taking place this week in New Orleans, LA, Green Legal Matters.

Legal 58
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7 Things Contractors Need to Know About Retainage

Fieldwire

The practice dates back to the 1840s, dreamed up as a measure to reduce the owner’s risk and ensure that the project is fully completed according to the job specifications. For many construction businesses, the retainage payment accounts for their entire profit margin on the project. Retainage is no different.

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Assignment of Benefits for Contractors: Pros & Cons of Accepting an AOB

Levelset

An assignment of benefits , or AOB, is an agreement to transfer insurance claim rights to a third party. A property owner and contractor can set up an assignment of benefits in two steps: The owner and the contractor sign an AOB agreement The contractor sends the AOB to the insurance company. The AOB agreements need to be in writing.

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

Autodesk Construction Cloud

Owners pass on certain risks (contractually) to general contractors, who may do the same thing when hiring specialty contractors. For this reason, construction professionals must find better ways to craft and negotiate agreements. Karalynn also emphasizes the importance of negotiating who takes on certain risks and liabilities.