Remove Agreement Remove Change Orders Remove Claims Remove Insurance
article thumbnail

Setting up a Job Order Contract

Building Information Management

Note: Job Order Contracting / JOC is a LEAN construction delivery method that is designed to support repetitive renovation, repair, and maintenance projects – as well as minor new construction- where quick, quality, on-demand services are required. . Agreement Application for Payment. Certificate of Insurance.

article thumbnail

Job Order Contract Execution Guide – Sample Template

Job Order Contracting

The JO is issued and approved upon agreement between the ORGANIZATION NAME Representative and the Contractor on the scope of work, performance time, and the price for that work. The individual JO becomes in effect, a fixed price lump sum Contract when the Purchase Order for the JO is issued. Insurance, fringe. Job Conditions.

Contract 100
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Litigation Topics for Prime / Subcontractor Contracts

Construction Law Monitor

A good subcontractor will have his attorney review any agreement to make sure that the deal is an even one. Change Order and Extra Work Provisions. Very popular area for dispute in construction contracts – changes are always happening. Insurance can be purchased by prime or sub to cover the indemnity obligation.

article thumbnail

Unique Tips To Reduce Construction Company Start Up Stress

Contractor Bookkeeping

We strongly recommend a Subchapter S Corp (a Sub S) for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. Insurance - Is critical to your construction company. Talk to an insurance agent that understands construction about your insurance needs.

article thumbnail

New Contractor Business Start Up

Contractor Bookkeeping

We strongly recommend a Subchapter S Corp (a Sub S) for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. Insurance - Is critical to your construction company. Talk to an insurance agent that understands construction about your insurance needs.

article thumbnail

We Reduce Construction Company Start Up Stress

Contractor Bookkeeping

Get Organized - We strongly recommend a Subchapter S-Corp for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. Insurance - Is critical to your construction company. Talk to an insurance agent that understands construction about your insurance needs.

article thumbnail

Pennsylvania Home Improvement Consumer Protection Act: What Residential Contractors Need to Know

Levelset

The Act establishes a registration program for home improvement contractors, along with required contract provisions, minimum insurance coverage, and more. The contract should constitute the entire agreement between the parties, including attached copies of any required notices. Insurance coverage. Contract price.