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Accounting for Retention Receivable & Payable: A Contractor’s Guide

Levelset

Construction projects rely on contractors completing the work they started and meeting the design intent. In an attempt to hold contractors accountable, many projects use retention holdbacks, also known as retainage. These holdbacks need to be accounted for by every party to a project: owner, general contractor, and subcontractor.

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Public Procurement of Construction Services

Job Order Contracting

Collaboration, Integrated Information and the Project Lifecycle in Building Design, Construction and Operation.” Without out this, the vast majority of projects, approximately eighty percent or more (80%+) will continue to fail by being late, over budget, or viewed as not being satisfactorily completed by one or more parties. Ballard, G.,

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Is Your Construction Team Prepared for Cyber Risks?

Pro Builder

Is Your Construction Team Prepared for Cyber Risks? Malicious cyberattacks could impact project designs, bid data, and security system information involved in architectural proposals. The account would then divert funds to the criminal instead. . Mon, 12/07/2020 - 06:00. Proactive Safety Measures for Cyberattacks.

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Green Building Data Risk as an Opportunity

Green Building Law Update

There are a panoply of federal laws within discreet silos, including significantly: The Health Insurance Portability and Accountability Act (HIPAA), The Family Educational Rights and Privacy Act (FERPA), the Fair and Accurate Credit Transaction Act (FACTA), and the like. business seeking to mitigate the risk associated with data protection.

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Advancing Healthcare: Medical Office Buildings at the Forefront of Access and Safety

BD+C

Today's MOBs are designed and built to address the needs of the communities in which they are located. By all accounts, this is a better way to practice medicine—more economical for healthcare systems, more efficient and effective for practitioners, and easier and more convenient for patients.

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Construction quality management: Everything you need to know

Lets Build

From a builder’s perspective, many potential risk factors can be anticipated and pre-emptively resolved by developing a construction quality management plan. It involves taking a quality-focused, hands-on approach to all stages and aspects of design, construction, and client relations. A game of risk.

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Virtue signallers beware

Construction Law

ICE’s report says accurate emissions reporting must become integral in the design of major infrastructure if private finance is to help fund green projects. Projects may also risk litigation for failing to mitigate the release of carbon in their design, construction and operation.

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