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., 2022-Ohio-1111, 187 N.E.3d

Ohio 52

Ohio Contract Overhead Profitability 52

NH Construction Law

AUGUST 13, 2020

In the law of contracts, damages suffered by the nonbreaching party may be either “direct” (loss of the benefit of the bargain, measured by the cost of remedying the deficient performance) or “consequential” (other reasonably foreseeable harm caused by the breach). In Mentis Sciences, Inc. 3d 799, 808, 11 N.E.3d

Profitability 40

Profitability Contract Liability Bargains 40

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

Contractor Bookkeeping

JUNE 19, 2013

We are happy to be able to offer free Invoice templates, free Change Order templates and free estimate templates to construction contractors and other business owners to help them grow their sales and profits and have better lives for their families. Change Orders are a huge source of new profit. Click here to learn more.

Profitability 48

Profitability Cash Flow Accounting Construction 48

Construction Dive

MAY 29, 2013

The project owner, at its discretion, may terminate the project at any time without breaching the contract. The owner is not liable for the contractor’s anticipated profit on the unperformed work. This sounds like a balanced bargain, yet contractors have long complained about the process.

Bargains 48

Bargains Claims Profitability Contractors 48

Civil Lead

APRIL 22, 2020

When we are planning to construct a building or house the first question comes in our mind is we have to give a material contractor or labour contract. Whereas in the material contract all materials and labour required for the construction are supplied by the contractor. While the contractor may or may not do that.

Contract 52

Contract Materials Housing Bargains 52

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