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COP27 Recap: The State of Net Zero and Negotiations

Stok

Guest post by Joe Miller , Member of USGBC Delegation to COP27 With COP27 wrapped, here are key announcements and agreements from the conference. The actual substance of the agreement is yet to be announced, but how far reaching the details of this agreement will be a major indicator of whether this COP would be viewed as a success or not.

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7 Things Contractors Need to Know About Retainage

Fieldwire

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. Every contract is negotiable, including what percentage is retained and for how long. It’s up to the contracting parties to agree on the terms that work for both of them.

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ConsensusDOCS Releases New Teaming Agreement

Best Practices Construction Law

ConsensusDocs released the new ConsensusDocs 498 Design-Build Teaming Agreement today, which provides a standard contract for parties desiring to form a team for the purpose of submitting a bid on a design-build project. Critical issues such as confidentiality, withdrawal from the team, and document ownership are included.

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Service Agreements Can Improve Contractors Cash Flow And Profits

Contractor Bookkeeping

Why Sell Service Agreements? Service agreement holders are more likely to be clients that add more value to your construction company because they represent the most loyal segment of your customer base. Every service agreement customer represents a future work. Every service agreement customer represents a future work.

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Bilateral Modifications: Read, Re-Read, and Read Again Before You Sign

Federal Construction Contracting Blog

A micropile system, which involves drilling small-diameter holes into bedrock and inserting grout into any voids before inserting a metal pole and casing, was to be used in the building’s foundation. After a series of discussions on the topic, the government informed Odyssey to submit its micropile design independent of the bidding criteria.

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Oracle To Bring 200 Information Technology Jobs To San Antonio

Buisness Facilities Contributed Content

The plans are contingent upon San Antonio’s City Council approval of a $1 million grant agreement on May 15 with the global technology leader. The negotiated agreement is expected to be brought back to Commissioners Court on June 3 for final approval.

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Icy Hot

Buisness Facilities Contributed Content

The good news is that a recently proposed set of guidelines is being embraced as the starting point for negotiations between international players in the Arctic development sweepstakes. “The Arctic Investment Protocol is an important step forward and a solid foundation upon which to build for the future.