Construction Enquirer

AUGUST 9, 2023

According to the failed contractors records published by administrator FRP Advisory, more than 700 firms have been hit by the collapse of the south east tower builder. When FRP was appointed £400m turnover Henry had 60 live sites with just 54 staff and a further 41 subcontracted quantity surveyors on the books.

Construction 86

Construction Subcontracting Contract Accounting 86

Construction Enquirer

AUGUST 3, 2023

Cladding contractor FK Construction has been told to hand back £1.69m to ISG it was awarded in a High Court enforcement of an adjudication decision. cladding subcontract arose when FK issued a £1.69m application for payment which was greeted with a payless notice and then not paid. The payment dispute over the £3.4m

Subcontracting 58

Subcontracting Negotiation Accounting Contractors 58

Pro Builder

JULY 20, 2021

The Best Way for Trade Contractors to Stay Out of the Courtroom. The best way for specialty trade contractors to stay out of the courtroom is to manage their clients’ expectations. That’s because abundant clarity means both parties know exactly what they are accountable for. . Contract Essentials for Building Trade Contractors.

Contractors 98

Contractors Contract Legal Change Orders 98

Autodesk Construction Cloud

NOVEMBER 15, 2021

Owners pass on certain risks (contractually) to general contractors, who may do the same thing when hiring specialty contractors. She recalls her experience speaking with a fellow attorney who had to go through a 129-page subcontract that could have been cut down to ten pages. “It’s Let’s meet in the middle.

Contract 52

Contract Contractors Negotiation Subcontracting 52

Contractor Bookkeeping

JANUARY 13, 2014

Lately a lot of contractors like you are discovering the need to get better financial and job costing reporting from their accounting software in order to stay competitive and know in advance which jobs to bid on that have a history of making your construction company a reasonable profit and which ones to ignore. Questions to ask.

Contractors 61

Contractors Accounting Project Management Profitability 61

Constructlaw

OCTOBER 20, 2022

seeking to recover amounts it paid X-Treme for uncompleted work and amounts it paid a replacement contractor. The court rejected X-Treme’s argument that the no-damage-for-delay provision did not bar its claim because the cause of the delay (incomplete drawings) was not within the parties’ contemplation when they executed their subcontract.

Lien 52

Lien New York Subcontracting Claims 52

Construction Junkie

OCTOBER 21, 2020

Sage Intacct Construction Officially announced in March of 2020, Sage Intacct Construction gets its name from a combination of “internet” and “accounting,” as that’s precisely what it is. Reports within the dashboard have many different configurations to meet your needs.

Sage 145

Sage Management ProCore Construction 145

Construction Cost Estimating

JULY 15, 2013

The building contractors should also adopt this cloud based technology to get the freedom for getting information from many locations through mobile devices. Dexter & Chaney lately launched a cloud-based service management and dispatch software tool designed for contractors. Here all the information is preserved in the cloud.

Contractors 65

Contractors Software Software Inventory 65

Contractor Bookkeeping

JULY 22, 2014

At networking events, construction contractors have asked me if we are cheaper than a virtual bookkeeper is. The time contractors save can be used to do things only they can do like meeting with clients, scheduling jobs and riding herd over apprentices. Click here to learn what contractors need in QuickBooks setup.

Contractors 48

Contractors Accounting Office Documentation 48

Fieldwire

DECEMBER 12, 2023

It affects the safety, efficiency and quality of the work, and the overall satisfaction of the general contractor and project owner. You need to show care to your team members, the general contractor and project timelines. Be accountable: Mistakes are inevitable in construction projects. Why does it matter to the task?

Project Management 96

Project Management Construction Schedule Software 96

Contractor Bookkeeping

FEBRUARY 14, 2014

A lot of contractors would like to subcontract out their bookkeeping services and the two main reasons they don''t is fear of losing control and cost. Click the button below to get right to the Frequently Asked Questions About Outsourced Contractors Bookkeeping Services. Contractors Bookkeeping Services Questions.

FAQ 49

FAQ Contractors Accounting Security 49

Levelset

MARCH 21, 2022

Restoration contractors can spend a lot of time waiting for payment. Meanwhile, you’re incurring expenses that drain your bank account, like purchasing materials and paying employees. Keep reading to learn five tips restoration contractors can use to effectively manage their cash flow while the homeowner waits for an insurance check.

Cash Flow 98

Cash Flow Insurance Lien Management 98

Contractor Bookkeeping

MAY 15, 2013

At networking events contractors have asked me about the risks of someone working in an undisclosed location handling their construction bookkeeping records. Because when, not if, any one of those things happen your contractors bookkeeping services needs will be way down the list of what is important. Virtual Bookkeepers.

Contractors 49

Contractors Accounting Office Documentation 49

Job Order Contracting

FEBRUARY 20, 2018

It is also expected that during certain time of the year project loads may be significantly higher and contractor staffing should reflect these needs. The Contractor must take these costs into account when proposing the. UPB rate and the Contractor’s multiplier. authorization. authorization. exceed $XXXXXXX.

Contract 100

Contract Organization Change Orders Overhead 100

NH Construction Law

MARCH 13, 2019

Many contracts specify that an owner may terminate a contractor, and many subcontracts specify that a contractor may terminate a subcontractor, either for cause (i.e., 3d 406 (2015), for example, held that liquidated damages could be recovered from a contractor who was terminated for convenience. without breach).

Subcontracting 40

Subcontracting Contract New Hampshire Contractors 40

Levelset

JUNE 29, 2022

But because of the inherent dangers on construction jobsites, contractors are under close scrutiny for compliance. Top 10 OSHA violations by contractors. According to BLS data, falls accounted for more than 1 in 3 jobsite fatalities in 2019. Well-run construction outfits always have a safety department or a director of safety.”.

OSHA 52

OSHA Inspections Construction Safety 52

Levelset

AUGUST 25, 2022

Given the slim profit margins on construction projects, retainage practices can be incredibly frustrating for contractors. One perhaps-overlooked change that contractors should be aware of is the introduction of a new term “reserved funds” that replaced the term “retainage” in some sections.

Texas 52

Texas Lien Claims Contract 52

Autodesk Construction Cloud

AUGUST 12, 2021

Construction accounting software is a must-have, but may seem daunting to implement new solutions if your accounting technology hasn’t kept up with the complexities of your growing business. That includes accounting. Sure, accounting may have a bit of a reputation for being mundane. Everything Is Moving All the Time.

Accounting 52

Accounting Software Software FASB 52

Construction Cost Estimating

APRIL 3, 2015

It is found that over 35,000 estimators as well as 111 companies on the ENR Top 400 contractors list utilize HeavyBid in their projects. HeavyBid supports your current accounting system to easily send your bid correctly to accounting for making budget. HeavyBid supports all the iPad and tablet devices.

Estimating 40

Estimating Bidding Subcontracting Construction 40

Levelset

SEPTEMBER 14, 2022

Subcontractor business liability insurance should be retained since a catastrophic claim could bankrupt most all painting contractors. Are subcontractors covered under the general contractor’s insurance? Business umbrella insurance is relatively inexpensive for most contractors. 7 insurance policies subcontractors may need.

Insurance 98

Insurance Liability Claims Injury 98

Construction Cost Estimating

MAY 23, 2012

Small home builders and contractors can improve their estimating process with Job Simplicity, a product suite from HomeFront Software. Small home builders and contractors can improve their estimating process with Job Simplicity, a product suite from HomeFront Software. Produce POs and subcontracts from an estimate. at 1:41 PM.

Estimating 55

Estimating Software Software Sage 55

Job Order Contracting

APRIL 1, 2019

Put another way, a scope of work is division of construction items to be performed under a contract or subcontract in the completion of a project, typically broken out into specific tasks with deadlines. Modifiers – Adds or deducts to line items costs to account for location, quantity, or other defined factors.

Estimating 130

Estimating Construction Procurement Change Orders 130

Best Practices Construction Law

NOVEMBER 26, 2012

When drafting subcontracts, consider using a "pay when paid" or "pay if paid" clause so that payment is tied to when you receive payment from the owner. Assess the financial strength and creditworthiness of the owner as well as other contractors, suppliers and vendors. Project Management Tips.

Cash Flow 48

Cash Flow Project Management Change Orders Agreement 48

Job Order Contracting

JANUARY 5, 2017

Things Contractors Should Know About Job Order Contracts. As a construction contractor considering a Job Order Contract (JOC), it is critical to be aware that all JOCs are not the same. Here are a just a few things contractors should know about job order contracts. Value and qualification based selection and procurement.

Contract 100

Contract Contractors Consulting Software 100

Job Order Contracting

APRIL 1, 2019

Put another way, a scope of work is division of construction items to be performed under a contract or subcontract in the completion of a project, typically broken out into specific tasks with deadlines. Modifiers – Adds or deducts to line items costs to account for location, quantity, or other defined factors.

Estimating 100

Estimating Procurement Change Orders Renovating 100

Best Practices Construction Law

AUGUST 29, 2012

I recently spoke to a group of highway contractors about disadvantaged business enterprise (DBE) laws and regulations and some of the different policies among the state departments of transportation. In other words, a contractor can meet certain DBE participation goals on a project by contracting and using properly classified DBE firms.

Regulation 48

Regulation DOT Transportation Commercial 48

Viewpoint Construction Technology

APRIL 12, 2018

They allow contractors to work smarter rather than harder. Here’s a look at just some of the new features in Vista, development with other Viewpoint products and how they’re benefitting Viewpoint clients: Construction Accounting Software Enhancements. It’s something our customers have really adopted strongly.”.

Office 130

Office Innovation Viewpoint Contractors 130

Autodesk Construction Cloud

NOVEMBER 1, 2021

POB is a building contractor focusing on turnkey projects where they work in collaboration with their clients to find the best possible outcomes. We wanted to use a solution that helped us distribute the responsibility and accountability on our projects to our supply chain partners too. ”. Reducing time lost searching for documents.

BIM 52

BIM Documentation Site US 52

Job Order Contracting

APRIL 2, 2019

Put another way, a scope of work is a set of construction items to be performed under a contract or subcontract in the completion of a project, typically broken out into specific tasks with deadlines, to achieve a well defined result. Historical Costs and Lump Sum Subcontractor/Contractor Quotes.

Estimating 100

Estimating Procurement Change Orders Comparison 100

Construction Lawyer

JULY 20, 2012

He is a partner in the law firm of Sabo & Zahn, concentrating in construction law and representing owners, contractors, architects, developers, engineers and other parties in the construction process. Only a knowledgeable attorney can apply the information here to your particular matter, taking into account the laws of your jurisdiction.

Illinois 40

Illinois Subcontracting Liability AIA 40

Autodesk Construction Cloud

MAY 23, 2022

Precise information about materials and costs enables general contractors and subcontractors to allocate resources effectively and produce more competitive bids. . The accessibility enables more efficient change management process to easily visualize and account for changes when new documents are issued. .

Estimating 105

Estimating Documentation Autodesk Bidding 105

Construction Cost Estimating

FEBRUARY 8, 2012

Now-a-days technological innovations have forced electrical contractors to adopt innovative methods to estimate the amount and cost of electricity in a better, faster and accurate way. Includes a huge database of electrical-specific items for electrical contractors and estimators. TeamLink Portal will facilitate contractors and ho.

Electrical 45

Electrical Estimating Software Software 45

Construction Lawyer

MAY 2, 2012

He is a partner in the law firm of Sabo & Zahn, concentrating in construction law and representing owners, contractors, architects, developers, engineers and other parties in the construction process. Only a knowledgeable attorney can apply the information here to your particular matter, taking into account the laws of your jurisdiction.

Contract 40

Contract Illinois Legal Construction 40

Construction Lawyer

APRIL 3, 2012

He is a partner in the law firm of Sabo & Zahn, concentrating in construction law and representing owners, contractors, architects, developers, engineers and other parties in the construction process. Only a knowledgeable attorney can apply the information here to your particular matter, taking into account the laws of your jurisdiction.

Claims 40

Claims Agreement Illinois Subcontracting 40

Autodesk Construction Cloud

MAY 5, 2023

Historically, accounting and IT departments have managed enterprise resource planning (ERP) environments and forced project management teams to make these solutions work for operations. ERPs can be configured to meet the needs of accounting teams, and their on-prem deployment allowed IT to control accessibility.

Office 52

Office Autodesk Accounting Project Management 52

Construction Lawyer

MAY 21, 2009

He is a partner in the law firm of Sabo & Zahn, concentrating in construction law and representing owners, contractors, architects, developers, engineers and other parties in the construction process. Only a knowledgeable attorney can apply the information here to your particular matter, taking into account the laws of your jurisdiction.

Lien 40

Lien Illinois AIA Chicago 40

Pro Builder

AUGUST 5, 2022

Last year, members of Associated Builders and Contractors , a national trade association representing the nonunion construction industry, invested $1.6 But what about holding subcontractors accountable for safety on your jobsites? John Caulfield, senior contributing editor. billion in workforce education.

Safety 72

Safety Resource Injury Construction 72