Remove Bidding Remove Change Orders Remove Negotiation Remove Presentations
article thumbnail

Construction Change Order Phobia Increases Stress Reduces Profits

Contractor Bookkeeping

Construction Change Order Phobia. After Reviewing The QuickBooks Reports - We discovered a painful case of the dreaded disease I call "Change-Order-Phobia". In this case the pain of change in the contractor's mind had to be exceeded by the pain of staying the same. Percentage of Completion. Balance To Completion.

article thumbnail

An Introduction to Job Order Contracting

Job Order Contracting

Change orders easily increased project costs by 50% or more, and claims and litigation were the norm, versus the exception. JOC contractors strive for: • Fast Delivery • High Quality • No Change Orders • No Warranty Hassles • Maximize budgets. 8-22% of project costs were being consumed in design and procurement.

Contract 100
professionals

Sign Up for our Newsletter

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

article thumbnail

Preconstruction Meeting: A Quick Guide to Success   

Autodesk Construction Cloud

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. They also try to identify special considerations and forestall potential areas of complication that can lead to change orders.

article thumbnail

#100:  Dealing With Rising Costs

NH Construction Law

Another approach is to negotiate with subcontractors or suppliers to lock in prices for an extended period of time, thereby kicking the price increase risk downstream – but in the present volatile market, subs and suppliers are increasingly reluctant to hold their prices for long, typically not more than 60 or 90 days.

Deals 40
article thumbnail

Job Order Contract Execution Guide – Sample Template

Job Order Contracting

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. Insurance, fringe.

Contract 100
article thumbnail

10 Construction Sessions You Might Have Missed at Autodesk University

Autodesk Construction Cloud

The introduction of BIM, cloud based takeoff tools, AI, and bidding platforms have all shaken up the way estimating and preconstruction management operates. . In this presentation, you’ll learn about Barton Malow’s strategy for implementing Autodesk Build and BIM 360. Watch the presentation here. Watch the full discussion here.

article thumbnail

A Recipe for Retaining Your Purchasing Talent

Pro Builder

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.