Accounting Documentation Industrial Legal 
Construction Business Owner
JUNE 1, 2022
It is time for contractors to get serious about the new accounting lease standard. 02 ASC 842 Leases, the new lease accounting standard issued by the Financial Accounting Standards Board (FASB). The prior accounting standard (ASC 840) only required capital leases to be included on the balance sheet. Accounting & Finance.
Safety Services Company
OCTOBER 6, 2023
Staying compliant, including meeting internal standards, is crucial for legal requirements and stakeholder trust. They maintain your contractor management accounts (e.g. Hiring contractor management services will help you address requirements across various industries. Let’s dive into this option.
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Job Order Contracting
AUGUST 20, 2023
GAO, 2009 The associated processes for developing a credible construction cost estimate are equally well documented. “Despite the fact that these basic characteristics have been published and known for decades, we find that many agencies still lack the ability to develop cost estimates that can satisfy them”. –
Autodesk Construction Cloud
OCTOBER 28, 2021
Every year, Autodesk University (AU) brings industry knowledge to light, leaving construction professionals from across the globe with a wealth of actionable insights. Jump to industry learning: Great decisions require access to great data. trillion in global construction industry costs in 2020. That includes $88.69
Lets Build
DECEMBER 2, 2022
It’s a curious paradox that few industries are as tightly regulated and controlled as the construction sector, yet at the same time, few industries are as vulnerable to unexpected events. A construction quality management plan should be drafted as a standard document, to be applied to all future projects. Creating a plan.
Job Order Contracting
JANUARY 24, 2017
From an owner perspective stakeholders include senior management, project management, administrative, accounting, purchasing, building uses, and legal staff. If specifications do not exist, select industry standard commercial specifications (Arcon Masterspec, BSD SpecLink). Do not create specifications unique to the JOC.
Constructlaw
SEPTEMBER 10, 2020
Well, for the construction industry, it may never return to “normal.” COVID-19 may have permanently changed the landscape of the construction industry in many ways. Here are just a few issues that the pandemic has brought to the forefront of our industry. It is easier to be successful in your claim if it is well-documented.
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