Lets Build

MAY 7, 2020

Change orders are common to construction projects. An alternative approach may be suggested by the project owner or a solution may be recommended by the concerned stakeholder. Whatever is the case, it is important to know how you can more effectively handle a change order as it can change your project both time and money.

Change Orders 141

Change Orders Construction Contract Schedule 141

Autodesk Construction Cloud

NOVEMBER 16, 2022

Project data often lives in different places—from cloud-based software and hard drives to spreadsheets and emails. This creates project management challenges because separate systems often require teams to transfer data manually and perform additional admin work. 2: Project Management. Let’s dig in!

Autodesk 105

Autodesk Construction Contract Documentation 105

Construction Business Owner

AUGUST 18, 2011

Many State and Federal projects require a contractor to be bonded. In a way, a surety bond is like insurance; it is a three-part agreement between the contractor, the organization requiring the bond (e.g. government-funded projects), and the surety company. Committing Intentional Project Communications. change orders.

Cash Flow 147

Cash Flow Software Software Accounting 147

PSMJ Resources

MAY 6, 2014

Don’t just limit your liability; include a “hold harmless” clause shifting responsibility to the client for design errors. It’s not enough to say “monthly meetings”; you need to say “6 monthly meetings of two hours each, attended by the project manager.” • Flatten your hourly rates by lowering the principal rate and raising staff rates.

Profitability 40

Profitability Bidding Travel Change Orders 40

Contractor Bookkeeping

JUNE 20, 2014

General Liability and Auto/rental equipment insurance can help protect you and your company against claims for personal injury and property damage, and may provide you with legal defense of those claims. Your contracts need a well-defined scope of work, clear payment terms, a reasonable schedule and a good change order clause.

Insurance 48

Insurance Construction Accounting Claims 48

Contractor Bookkeeping

JANUARY 2, 2015

General Liability and Auto/rental equipment insurance can help protect you and your company against claims for personal injury and property damage, and may provide you with legal defense of those claims. Your contracts need a well-defined scope of work, clear payment terms, a reasonable schedule and a good change order clause.

Construction 48

Construction Insurance Accounting Claims 48

Contractor Bookkeeping

MAY 16, 2014

Go deeper ask about how they handle Work-In-Process (WIP), Retention, Job Deposits, Maintenance Agreement Tracking, Change Order Tracking, Payment Applications. This is never a good idea on so many levels, not just the liability exposure of someone injuring themselves on your property and you being liable.

Contractors 48

Contractors Accounting Office US 48