Contractor Bookkeeping

JUNE 18, 2012

Construction Change Order Phobia. The contractor appeared to be on the verge of a panic attack because he was experiencing serious financial trouble with his construction business and needed quick relief. In this case the pain of change in the contractor's mind had to be exceeded by the pain of staying the same.

Change Orders 48

Change Orders Profitability Work in Progress Construction 48

HardHatChat

JUNE 23, 2015

Working with a commercial contractor on a negotiated-bid basis, as Englewood Construction does with long-term client American Girl, can minimize the likelihood you’ll hear “no” from your GC during the bidding process. If we didn’t tell clients about a potential construction mistake, we wouldn’t be doing our job.

Commercial 120

Commercial Contractors Bidding Negotiation 120

Autodesk Construction Cloud

NOVEMBER 15, 2021

We discuss: The current state of construction contracts. Best practices for handling change orders. Construction technology and the future of contracting and payments. Understand the state of contracts and payment terms in construction. The difference between secured and unsecured debts.

Contract 52

Contract Contractors Negotiation Subcontracting 52

Job Order Contracting

APRIL 15, 2018

Job Order Contracting (JOC) is a way for organizations to get numerous, commonly encountered construction projects done quickly and easily through multi-year contracts. This enables owners and their awarded JOC contractors to execute a wide variety of numerous repair, renovation, sustainability, and minor new construction projects.

Contract 100

Contract Change Orders Procurement Estimating 100

HardHatChat

OCTOBER 7, 2010

Commercial construction contractors can save clients thousands of dollars by knowing the right time to buy certain materials. The spot is about the costs of commercial construction and how buying building materials in bulk can help GCs save money and bring down a construction project bid so they win the contract.

Commercial 235

Commercial Materials Construction Contractors 235

Autodesk Construction Cloud

FEBRUARY 3, 2023

They ensure everyone is on the same page from the get-go, on topics as diverse as how change orders how the chain of communication will be handled on site. Unfortunately, construction project success is not a given. In fact, surveys show that construction projects routinely come in over budget. And timelines?

Change Orders 52

Change Orders Documentation Schedule Budgeting 52

Autodesk Construction Cloud

OCTOBER 19, 2022

AU 2022 Day 2 Recap: The Most Interesting Moments of the Construction Session . If you weren’t able to make it to AU 2022, that’s okay, because we recorded these construction sessions and theater talks for on-demand streaming. 10 Construction Sessions You Might Have Missed. How Will the Construction Sector Get to Net Zero?

Autodesk 52

Autodesk Construction Estimating Boston 52

Job Order Contracting

AUGUST 19, 2016

Robust collaborative construction delivery methods provide a proven path for Owners to significantly improve construction productivity and levels of satisfaction among a participants and building users. – 2016, Arizona State University – Job Order Contracting Performance Survey-2015. JOC Do’s and Don’ts.

Renovating 100

Renovating Life Cycle Contract Estimating 100

NH Construction Law

APRIL 29, 2021

It’s no secret to anyone involved in the construction industry that materials prices have been increasing by leaps and bounds recently. Any delay in the start of construction puts the contractor in a tough position here. Steel, copper, PVC, drywall, and particularly lumber prices are dramatically higher compared to a year ago.

Deals 40

Deals Contract Negotiation Materials 40

Job Order Contracting

FEBRUARY 20, 2018

A Job Order Contract Execution Guide is a required element for any successful, best management practice JOC Program. 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. DEFINITIONS.

Contract 100

Contract Organization Change Orders Overhead 100

Best Practices Construction Law

NOVEMBER 4, 2015

When dealing with construction claims—whether one for construction defects, outstanding payment, or delay damages—an initial hurdle is making sure that proper notice has been given. Review change orders and correspondence. You need to confirm that the changes procedure in the contract was followed.

Claims 48

Claims Change Orders Legal Schedule 48

Rory Woolsey

FEBRUARY 16, 2012

Rory Woolseys Construction Estimating Blog. Construction Estimating One Bite at a Time. However, I received many comments and questions on the “Negotiating JOC” blog from last week that really should be answered. This is true for the basis of JOC, the construction task unit price “book.”

Estimating 40

Estimating Bidding Negotiation Contract 40

Construction Law Monitor

OCTOBER 15, 2013

At the start of every construction project you sign a stack of papers that will dictate your success or failure on the project: the construction contract. Last year, Seth Smiley wrote an article on our blog suggesting that with construction contracts you should “ pay now to save later.” What can you do?

Contract 82

Contract Lien Construction Documentation 82

Construction Business Owner

APRIL 4, 2011

Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. As the general contractor we will have ultimate responsibility for the construction quality and fit and finish of the facility. Is There No Free Lunch or Construction Software?

Construction 120

Construction Software Software Accounting 120

Building Information Management

APRIL 10, 2015

It’s Time for Efficient Construction Project Delivery. What’s Wrong with Design Bid Build? Traditional design-bid-build,DBB, is costly, antagonistic, and simply inefficient. DBB is exclusively responsible for the construction sectors poor productivity versus all other business sectors. The History of JOC.

Contract 40

Contract Renovating Bidding Construction 40

Pro Builder

JULY 20, 2021

Plans and drawings can save you some time (and words) by stating that "All work to be done is on the attached plans and/or drawings," when you bid on your project. The more specific you are, the better. Just make sure you attach that file before you submit it. . Then make sure you follow this procedure when the need for extra work arises.

Contractors 98

Contractors Contract Legal Change Orders 98

Pro Builder

MARCH 29, 2022

A good purchasing professional must understand the construction process, local building codes, risk management, the enterprise resource planning system, schedules, the installing trades in a given market and the materials they use, alternative materials that could be used, their cost drivers, and so on—all while being an excellent negotiator.

Industrial 98

Industrial Management Schedule Resource 98

Job Order Contracting

JANUARY 4, 2017

If you currently have a Job Order Contract, or are planning on implementing a Job Order Contract, I highly recommend you get a copy of Job Order Contracts – A Review of Independent Audits. This is because the traditional procurement method is replaced with bids based on a pre-priced catalog. Approximately $1.9

Contract 100

Contract Project Management Consulting Long Beach 100

Best Practices Construction Law

SEPTEMBER 4, 2014

My mentor and good friend, Cordell Parvin , has over the years shared with me some great best practices for contractors—whether talking about bid protests, accidents on the jobsite, or filing a claim. Review change orders and correspondence. You need to confirm that the changes procedure in the contract was followed.

Compensation 54

Compensation Claims Change Orders Legal 54

Construction Marketing Ideas

FEBRUARY 22, 2015

Craig Martin’s Construction Contract Advisor won the 2014 competition. Craig Martin’s Construction Contract Advisor blog won the 2014 Best Construction Blog competition , and its quality continues to make it a contender in 2015. Therefore, it is difficult to negotiate with them as we would with another contractor.

Contract 48

Contract Construction Claims Legal 48

Construction Law Monitor

NOVEMBER 2, 2011

I had a speaking engagement today here in Kenner, Louisiana (a suburb of New Orleans) whereby I had the pleasure of speaking to a group of contractors and architects regarding construction contracts. The bulk of the discussion focused on the most contested provisions within construction contracts. Prime/Subcontractors Contracts.

Contract 56

Contract Change Orders Lien Contractors 56

Job Order Contracting

JULY 29, 2021

Lean Construction – Overcoming decades of mistrust, lack of communication, and opposition between facilities owners, designers, engineers, and builders… possible? Only two of the following construction delivery methods are LEAN. Construction Project Delivery Comparison. Design-Bid-Build. Advantages.

Design 130

Design Bidding Engineering Construction 130

Contractor Bookkeeping

JUNE 20, 2014

Let Us Help Reduce Construction Business Start Up Stress. We Are QuickBooks Experts Specializing In Construction Bookkeeping Services. You Quit Your Job - And started a construction business only to discover you need a contractor’s license and bond. Consult with a construction attorney and follow their advice.

Insurance 48

Insurance Construction Accounting Claims 48

Contractor Bookkeeping

JANUARY 2, 2015

We Are QuickBooks Experts Specializing In Construction. Did You Quit Your Job - And start your own construction company only to discover you need a contractor’s license and bond. Did You Ask A Friend Or Relative - To loan you some start-up capital and they agreed on condition you become equal partners in your construction company.

Construction 48

Construction Insurance Accounting Claims 48

Building Information Management

FEBRUARY 12, 2015

The contract includes a unit price book (UPB) that establishes a unit price to be paid for each of a multitude of construction line items including pre-priced/pre-negotiated items of work and materials. Some form of pricing transparency- Typically a Unit Price Book (UPB) containing preset unit prices for construction tasks.

Contract 40

Contract Procurement Renovating Change Orders 40

Building Information Management

MARCH 8, 2016

Job Order Contracting (JOC) is a competitively bid, firm-fixed price, Indefinite Delivery Indefinite Quantity (IDIQ) LEAN construction delivery method. Within a Job Order Contract, a real property owner contracts with a construction contractor to form a multi-year partnership where work is provided based upon performance.

Contract 40

Contract Management Estimating Renovating 40

Autodesk Construction Cloud

JANUARY 19, 2022

Cash flow can make or break any business, especially in the construction industry. To successfully grow, construction firms need to effectively manage cash flow to procure materials, pay vendors and salaries, fund new projects, and finance other day-to-day business operations. Cost and time in construction are closely related.

Cash Flow 59

Cash Flow Management Profitability Change Orders 59

Building Information Management

DECEMBER 13, 2016

JOC is a proven, collaborative construction delivery method provides major advantages to Facilities Managers, Real Property Owners, AEs, Contractors, Subcontractors, and Facility Users. Job Order Contracting also encourages the use of local small and minority owned businesses. Job Order Contracting Products and Services.

Contract 40

Contract Estimating CSI Software 40

Building Information Management

DECEMBER 13, 2016

JOC is a proven, collaborative construction delivery method provides major advantages to Facilities Managers, Real Property Owners, AEs, Contractors, Subcontractors, and Facility Users. Job Order Contracting also encourages the use of local small and minority owned businesses. Job Order Contracting Products and Services.

Contract 40

Contract Estimating CSI Software 40

Building Information Management

NOVEMBER 6, 2013

“Traditional construction delivery methods are fraught with problems. Owners have reams of rules and regulations to follow in order to put a project out for bid fairly. Job Order Contracting offers an alternative to traditional bidding processes. These factors have led to increased quality in construction.4.

Contract 40

Contract United States Estimating Bidding 40

Contractor Bookkeeping

MAY 28, 2013

Construction is a tough industry and I have written several articles about it and one of the best ones can be found by clicking here. For more about Construction Psychology click here. For the record we have worked with a lot of custom and spec builders and most of them are men and women of high integrity and honor. The 80-20 Rule.

Contractors 48

Contractors Negotiation Banking Accounting 48

Pro Builder

NOVEMBER 20, 2020

When funding large-scale renovation or repair projects, government agencies often use job order contracting, or JOC. This method of awarding construction work allows qualified, available contractors to get to work quickly while keeping agency costs in check. They review the book and bid a coefficient to cover their cost of business.

Contract 108

Contract Bidding Negotiation Income 108

Building Information Management

MARCH 7, 2012

Project delivery methods set the tone and largely dictate the relative success of any facility construction, renovation, repair, or sustainability project. During the Construction Owners Association. Traditional construction delivery methods typically have an adversarial relationship. A JOC contract is inherently.

Contract 49

Contract BIM Missouri Contractors 49

Building Information Management

AUGUST 10, 2012

The new company has been established to help Owners bring sophisticated thinking and efficient, scalable processes ongoing renovation, maintenance, sustainability, and minor new construction programs. Job Order Contracting was a delivery method ahead of its time when it was introduced a quarter century ago. Ongoing Assessment.

Contract 40

Contract Resource Procurement Project Management 40

Contractor Bookkeeping

JUNE 15, 2012

Let Us Help Reduce Construction Business Start Up Stress. You Quit Your Job - And started a construction business only to discover you need a contractor’s license and bond. Spending Time To Set Up - Your construction company properly will save you grief, time, money and pay you dividends in the future.

Contractors 48

Contractors Insurance Claims Lien 48

Chianelli Estimating

DECEMBER 12, 2011

Is there a last minute bid opportunity that you need of assistance with? Do you have too many bids proposals to handle and not enough staff when a last minute “emergency” bid is due. Send your your blue prints to an experienced Construction Estimating Service. Preparation & submission of bid proposals.

Estimating 68

Estimating Contractors Bidding Guidelines 68

Building Information Management

JULY 16, 2015

Job order contracting (JOC) is a way for organizations to get numerous, commonly encountered construction projects done quickly and easily through multi-year contracts. The JOC contractor provides “on call” construction services from concept to close-out. JOC is about performance, reliability, dependability and quality.

Contract 40

Contract Contractors Bidding Procurement 40