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.”. including a 25% margin for overhead and profit. BoMar Contr., 3d 1108 (Ct.

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. Ambrose Development, LLC , No.

Contract 40

Contract Subcontracting Deals Bidding 40

Construction Marketing Ideas

SEPTEMBER 15, 2012

You usually under price your services, in part because you don’t know better, and also because your internal and legacy costs are so low you can be “profitable” on a low margin. Clients know a bargain when they see it. Stage 2 — Word-of-mouth and repeat build up. Now, your internal brand has proven its value.

Overhead 54

Overhead US Bargains Contractors 54

Construction Marketing Ideas

OCTOBER 4, 2012

A good business also adds overhead and profit to allow them to earn a decent living and the funds to service their clients. A glaring, yet wonderful, example: the Ottawa Renovates magazine contract. If you want to appear cheap, you may discover people think they are getting a bargain by using you.

Documentation 63

Documentation Bidding Estimating Contractors 63

Contractor Bookkeeping

JULY 22, 2014

Armed with a tiny amount of skill and no practical knowledge they setup a desk in their home and all of a sudden, they are a low overhead, low price, virtual bookkeeper wrecking ball looking for a contractor to pay them to test out their new bookkeeping services skills on. After a while they get a P.O.

Contractors 48

Contractors Accounting Office Documentation 48