Remove Agreement Remove Legal Remove Overhead
article thumbnail

No Longer in the Dark: A Primer on the Distinction between Delay and Disruption Damages in a Construction Dispute

Best Practices Construction Law

While the legal issue focused on the County’s right rely on the defense of sovereign immunity, the Contractor’s (and it expert’s) characterization of the damages was critical to the outcome of the case. The County entered into an agreement with the Contractor to expand a three-mile stretch of road. In County of Galveston v.

Claims 118
article thumbnail

ConstructionPro Network blog: Diverse, high-level information to help make better project management decisions

Construction Marketing Ideas

It is part of the contractor’s general and administrative overhead. In those cases, the cost of legal, accounting and consultant services are recoverable as extra work in the administration of a contract. Generally, the cost of administering a contract is built into the fixed contract price.

professionals

Sign Up for our Newsletter

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

article thumbnail

What Is an Insurance Endorsement? A Contractor’s Guide

Levelset

Like a basic construction agreement, you can upgrade or downgrade your insurance policy just as a customer might do with the fit and finish of a building. For example, the construction agreement created by owners and/or lenders may require you to name project architects as additional insureds on the policy.

article thumbnail

Job Order Contract Execution Guide – Sample Template

Job Order Contracting

The following template is provide for sample purposes only and should not be used a legally bidding document without through review and modification by appropriate Owner legal counsel. coefficient (reference table of allowable overhead). The UPB costs should NOT include contractor overhead and profit. authorization.

Contract 100
article thumbnail

LEAN OpenJOC(TM) Job Order Contracting for Sustainable Facilities Repair, Renovation, and Minor New Construction

Job Order Contracting

Unit Price Books developed without overhead & profit. Master Contracts/Master Agreements – Optional-use contracts whose purpose is to facilitate obtaining supplies and services from multiple contractors by placing competitive work orders. Disaster Debris Removal Monitoring 32 Services Agreement, Exhibit A, Scope of Services.

Contract 100
article thumbnail

One Awesome Case Discussing The Difference Between Delay and Disruption Damages!

Best Practices Construction Law

Today, one of my legal alerts pointed me to one such case dealing with delay damages and disruption damages. While the legal issue focused on the County’s right rely on the defense of sovereign immunity, the Contractor’s (and it expert’s) characterization of the damages was critical to the outcome of the case.

Claims 48
article thumbnail

Best Practice Job Order Contracting

Job Order Contracting

general and administrative and other overhead costs, insurance costs, bonding and alternative payment protection costs, protective clothing, equipment rental, sales tax and compliance with tax laws, and also contractor’s profit). (a) After agreement, a fixed-price bilateral order is prepared. through discussions and negotiations.

Contract 100