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Credible Construction Estimate Core Elements

Job Order Contracting

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”. –

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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. It is poor risk management, unsuited to the increasingly sophisticated commercial world that contractors have to inhabit.

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Project Documentation: The Bad Little Email That Got Produced

Best Practices Construction Law

Believe it or not, there are always a wealth of emails and other documents produced in litigation that help “make the case” for the other side. ” Best Practices advises that you should have a written document management policy in place. Risks of informal communications (… see emails above… ).

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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. A construction quality management plan should be drafted as a standard document, to be applied to all future projects. A game of risk. Creating a plan.

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6 Benefits of Contractor Management Services

Safety Services Company

Staying compliant, including meeting internal standards, is crucial for legal requirements and stakeholder trust. They maintain your contractor management accounts (e.g. Similarly, hiring clients will not prioritize companies with legal, security, and financial risks. Let’s dive into this option.

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JOB ORDER CONTRACTING Cooperatives

Job Order Contracting

This particular document was circulated by the National Cooperative Purchasing Alliance, NCPA. Carefully review all of the Job Order Contract and all associated documents. It is important to review all Job Order Contract provisions to assure avoidance of any unnecessary financial risk or potential legal issues. [1].

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Pension Funds Must Now Consider Environmental, Social and Governance Factors

Green Building Law Update

Labor Department released Interpretive Bulletin 2015-01 providing guidance on the investment duties of pension plans when considering investments, now requiring that they take into account environmental, social and governance factors. Given the huge impact that investments from U.S. The new guidance is no doubt positive.