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7 Things Contractors Need to Know About Retainage

Fieldwire

Construction is one of the hardest industries to manage cash flow in, with contractors often facing large up-front costs and frequent, long delays between expenses and payment. Retainage is up for negotiation Retainage is not set in stone. It is governed by the contract, which means it’s part of the agreement between two parties.

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Construction Contracts Online: ConsensusDOCS and AIA Go Head-to-Head

Best Practices Construction Law

ENR journalist Johanna Knapschaefer wrote a good piece about " ConsensusDOCS Contract Library Takes to the Cloud, " where she described the real-time collaboration needed for contract negotiations.

AIA 48
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Public RFPs: What Do We Do With You?

Constructonomics

While on perhaps one occasion I considered going to a local bridge like the Ben Franklin or Delaware Memorial and hurling myself off of it, I managed to maintain relative sanity through the process – although there were times when it could have easily gone either way. We need to manage them better on the owner side.

Bidding 171
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PSMJ Resources Blog: Good Project Management is Good Risk.

PSMJ Resources

Good Project Management is Good Risk Management. Most risks are foreseeable and responsive to thoughtful project management. • Risk reduction by any means is usually superior to any management scheme. . • Risk reduction by any means is usually superior to any management scheme.

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Federal Court dismisses sub's claim against GC because of arbitration

Construction Lawyer

He is a member various professional organizations, has been an officer and director of the Chicago Chapter AIA, President of the Chicago Chapter, Construction Specifications Institute, and writes a regular construction law column for The Construction Specifier. He is a Fellow of the AIA as well as the Association of Licensed Architects.

Claims 40
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Job Order Contract Execution Guide – Sample Template

Job Order Contracting

A Job Order Contract Execution Guide is a required element for any successful, best management practice JOC Program. The 4BT-CE(TM) JOC cloud estimating and project management system, or equivalent, shall also be used. These negotiations must precede the JO award/approval and are not allowed on a Change Order basis.

Contract 100
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Construction Contract's arbitration provision is separable, based on

Construction Lawyer

He is a member various professional organizations, has been an officer and director of the Chicago Chapter AIA, President of the Chicago Chapter, Construction Specifications Institute, and writes a regular construction law column for The Construction Specifier. He is a Fellow of the AIA as well as the Association of Licensed Architects.