Constructlaw

JANUARY 18, 2023

Hanuman Chalisa LLC (owner) contracted BoMar Contracting, Inc. The contract consisted of the AIA A101-2007 and AIA A201-2007. The parties disputed whether the owner terminated the contract “for cause” or “for convenience.”. was titled “Termination by the Contractor.”. including a 25% margin for overhead and profit.

Ohio 52

Ohio Contract Overhead Profitability 52

NH Construction Law

FEBRUARY 27, 2021

In an earlier blog ( #62 ) I discussed the implied covenant of good faith and fair dealing that limits a contracting party’s exercise of the discretion afforded to it by the parties’ contract. Contractor shall not be entitled to receive payment for any lost profits.

Contract 40

Contract Subcontracting Deals Bidding 40

Contractor Bookkeeping

JULY 22, 2014

At networking events, construction contractors have asked me if we are cheaper than a virtual bookkeeper is. The time contractors save can be used to do things only they can do like meeting with clients, scheduling jobs and riding herd over apprentices. Click here to learn what contractors need in QuickBooks setup.

Contractors 48

Contractors Accounting Office Documentation 48

Construction Marketing Ideas

SEPTEMBER 15, 2012

Clients know a bargain when they see it. Worse, you now must combine your “real work” with some management — because if you wish to grow, you will have to add employees or contractors, and be sure they are good enough, and few of them, at the outset will be as good as you. Many businesses fail to reach this stage.

Overhead 54

Overhead US Bargains Contractors 54

Construction Marketing Ideas

OCTOBER 4, 2012

Mary from St Paul says; “My husband and I are wanting to redo our bath so we contacted three contractors and received 2 estimates and they are both different. We like the contractor with the highest bid best because he had detailed all the fixtures we wanted and his estimate was very detailed in general. Why are the bids so different?

Documentation 63

Documentation Bidding Estimating Contractors 63