Remove Accounting Remove Compensation Remove Legal Remove Schedule
article thumbnail

Better Manage Construction Costs Schedules and Quality

Job Order Contracting

Sixty (60%) percent of all project fail to meet both cost and and schedule targets. Fortunately there are proven processes to better manage construction costs, schedules, and quality. The errors and poor processes result in change orders, project delays, and legal disputes.

Schedule 163
article thumbnail

Top OSHA Violations in Construction (2021)

Levelset

According to BLS data, falls accounted for more than 1 in 3 jobsite fatalities in 2019. It accounts for more than twice as many citations and over 5 times the financial penalties of any other violation. On a large commercial project, the accounting team may not bat an eye. Workers’ compensation insurance. Schedule delay.

OSHA 52
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. Accounting & Finance. Considering New Accounting Software? The Best Time to Go Live is… » Why Construction-Specific Accounting Software Costs More than Generic Accounting Software. I was doing some research on construction accounting softwares and came across your entry. STRATEGY |.

article thumbnail

Estimating- The New Normal

Chianelli Estimating

longer completion times affecting sequencing and finish dates, additional scheduling & sequencing. General Condition costs along with indirect costs tend to be much smaller but they are still a reality of doing business and a real profit killer; particularly when not accounted for. Legal expense. Accounting expanse.

article thumbnail

Contracts need risk management

Construction Law

More than ever, a watchful eye will have to be kept on programmes; just as over-optimistic schedules will risk big problems somewhere along the critical path. This has been highlighted by Arcadis as the main cause of disputes last year, having only been the third main cause previously.

Risk 52
article thumbnail

Insurance for HVAC Contractors: What It Covers and Why You Need It

Levelset

Liability insurance will help cover expenses for damage to someone else’s property and/or legal costs if another party decides to file a lawsuit. Workers’ compensation insurance : If you have HVAC employees, this insurance helps cover lost income and/or medical expenses if one of your workers becomes sick or injured on the job. .

article thumbnail

Job Order Contract Execution Guide – Sample Template

Job Order Contracting

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. The Contractor must take these costs into account when proposing the. Scheduling. JOB ORDER CONTRACT (JOC) EXECUTION GUIDE. authorization.

Contract 100