Best Practices Construction Law

MAY 19, 2015

You can imagine the opposite reaction when a contractor bids a penny for rock removal for a competitive bid and later discovers that there was 250% more rock than anticipated. In its successful bid to perform work for the Town of Avon, th Contractor assigned a unit price of $0.01 Town of Avon. The Court’s Reasoning.

Bidding 48

Bidding Contractors Contract Site 48

Best Practices Construction Law

JANUARY 22, 2018

the Court of Appeals of Mississippi recently held that the PAID IN FULL principle—or what lawyers know as accord and satisfaction —barred a contractor’s claim for additional payment. The contractor won a bid to construct a water system in two local counties. Fouches and Assoc.,

Claims 83

Claims Mississippi Legal Compensation 83

Construction and Infrastructure Law

SEPTEMBER 29, 2020

Labor Code §§ 1020-1022), and the inability to maintain a lawsuit to recover compensation for their work. Contractors who perform work in California without being properly licensed are subject to a world of hurt, including civil and criminal penalties ( see, e.g., Cal. & Prof. Code §§ 7028, 7028.6, 7117, and Cal. Bus & Prof.

California 52

California Contractors Compensation Los Angeles 52

Construction Dive

NOVEMBER 19, 2014

An owner-directed suspension is usually expressly compensable, with the elements of compensation defined in the contract. Delay and disruption of ongoing work may be treated differently. The contract may disclaim owner liability for delay, regardless of cause. Or, the contract may severely limit recovery of delay damages.

Compensation 51

Compensation Liability Contract Claims 51

Construction Dive

JANUARY 22, 2014

Sometimes contractors request additional compensation for complying with the project owner’s interpretation of the specifications. On competitively bid public works contracts, the time to question the specifications is prior to submitting a binding bid. The law, however, follows common sense.

Bidding 51

Bidding Compensation Contract Claims 51

Best Practices Construction Law

JUNE 15, 2016

When you deal with construction claims, many believe that the largest component of any request for additional compensation is generally labor costs. A contractor generally bids a scope of work based upon certain assumptions regarding labor costs and labor productivity. Out of sequence work. Restricted site access.

Products 48

Products Compensation Claims Schedule 48

Levelset

OCTOBER 13, 2022

If you’re bidding on contract work, you will likely need a COI per terms of a legal agreement. You may be seeking to work for a local, state, or federal government, and these bodies will want to know that you carry liability insurance before you’re awarded — or even considered — for a bid. Why a certificate of insurance matters.

Insurance 52

Insurance Certification Contractors Liability 52

Safety Services Company

OCTOBER 9, 2017

Your EMR is the number insurance carriers look at when determining what you’ll pay for a Workers’ Compensation premium. The National Council of Compensation Insurance (NCCI) looks at the national average of claims within a given industry and assigns that average the number 1.0. Another company in the same industry has an EMR of.80.

Compensation 48

Compensation Insurance Injury Risk 48

Autodesk Construction Cloud

FEBRUARY 25, 2022

Extracting key ratios from financial statements and safety metrics from OSHA filings allows builders to gauge a subcontractor’s short-term and long-term health — and empower estimators with the data they need to make more informed bidding decisions. . FINANCIAL RATIOS: LIQUIDITY . Quick Ratio . Formula: Net Income / Total Revenue .

Safety 94

Safety Debt Liability Equity 94

Constructonomics

OCTOBER 3, 2010

While insurance policies are written with the understanding that some claims will be made, surety bonds are written to prevent fraud and other potential problems—with the intention of avoiding claims. Failure to abide by the restrictions mandated by each of these bonds allows a harmed or unpaid party to make a claim on the bond.

Contractors 140

Contractors Regulation Insurance Claims 140

Pro Builder

SEPTEMBER 28, 2021

What was believed to be a commodity—two identical packages that could be purchased on bid-price alone—turned out to have some real differences. The lowest bid price turned out to be the highest total cost. Bid Price and Total Cost, Another Example. That’s $80 of the $200 bid price advantage right there. . Communication.

Bidding 98

Bidding Schedule Products Materials 98

Construction Business Owner

DECEMBER 9, 2011

In fact, project managers should worry about implementing more safe practices because it can affect the way they bid on jobs. A safe work environment is one of the most straight forward ways to decrease workers compensation expenses. Companies who have more claims than average will have a higher than average rate, for example, 1.6.

Construction 136

Construction Insurance Software Software 136

Construction Marketing Ideas

MARCH 12, 2016

Just as you need to be careful picking & choosing the jobs you bid, you should be equally careful about selecting your downstream dance partners. Construction attorneys do more than resolve claims. Sometimes the best contracts are the ones you don’t sign. Buy out subcontracts thoughtfully. Safety first, every day.

North Carolina 48

North Carolina News Lien Construction 48

Levelset

AUGUST 5, 2022

With so many policies on a project, there’s a good chance that coverage is overlapped, and a claim could cause insurers to battle with each other over who’s at fault. These base policies protect the project from third-party bodily injury and property damage claims, as well as worker injury claims.

Insurance 52

Insurance Liability Claims Construction 52

Job Order Contracting

FEBRUARY 20, 2018

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. PLEASE NOTE: In occasions where the contractor is asked to provide materials, equipment, and/or subcontract pricing for work by direct bidding that may, or.

Contract 100

Contract Organization Change Orders Overhead 100

Contractor Bookkeeping

JUNE 20, 2014

We strongly recommend a Subchapter S Corp (a Sub S) for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. You bid on a project and you are the low bidder. Get Organized - Pick a company name that says something about what you are doing.

Insurance 48

Insurance Construction Accounting Claims 48

Contractor Bookkeeping

JUNE 15, 2012

We strongly recommend a Subchapter S Corp (a Sub S) for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. You bid on a project and you are the low bidder. Get Organized - Pick a company name that says something about what you are doing.

Contractors 48

Contractors Insurance Claims Lien 48

Contractor Bookkeeping

JANUARY 2, 2015

Get Organized - We strongly recommend a Subchapter S-Corp for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. You bid on a project and you are the low bidder. Consult with a construction attorney and follow their advice.

Construction 48

Construction Insurance Accounting Claims 48

Construction Junkie

MARCH 9, 2021

I started as an Admin Assistant then moved to Work Comp Claims help, to full time Safety, to Safety Director. Bonnie Lunzer, Claims Manager at Parsons Electric How did you get into the construction industry ? As a Workers’ Compensation claims representative, I was only involved after the injury occurred.

Safety 98

Safety Construction Industrial US 98

Construction Law Monitor

FEBRUARY 10, 2011

House Bill 1532 (Creating a good faith defense for certain minimum wage and overtime compensation complaints). This act allows for the indemnification of a public agency in a claim filed by a design professional only to the extent of any negligence, recklessness, or willful misconduct of the design professional. Introduced by Rep.

Washington 44

Washington Construction Permits Structural Engineering 44

Buisness Facilities Contributed Content

MARCH 8, 2016

The interest rates paid by a qualifying manufacturer are market rates that are set through a competitive bid process when the Authority issues and sells its program bonds to fund the loan. The credit is equal to 10% of the compensation paid to an intern. The Authority is limited to $2,000,000 per project. Reference: N.D.C.C. §

North Dakota 40

North Dakota Income Finance Equipment 40

Buisness Facilities Contributed Content

JULY 11, 2014

The interest rates paid by a qualifying manufacturer are market rates which are set through a competitive bid process when the Authority issues and sells its program bonds to fund the loan. The credit is equal to 10% of the compensation paid to an intern. The Authority is limited to $2,000,000 per project.

North Dakota 40

North Dakota Income Finance Equipment 40

Building Information Management

APRIL 24, 2016

The contractor(s) may submit sample bids and a coefficients (a multiplier(s) to be applied to the referenced unit price book. The Owner will be required to deliver such materials to the job site or compensate the Contractor for providing labor to deliver Owner-furnished materials to the job. Subcontract bid.

Contract 40

Contract Contractors Materials Site 40

Building Information Management

JUNE 19, 2012

Design-bid-build is a problem for everyone! The low-bid system is particularly poor. Contractors are forced to shave their profits to razor-thin margins and gamble on their ability to compensate with change orders and claims on the back end.

Contract 40

Contract Renovating Sustainability Industrial 40

Building Information Management

JULY 27, 2016

00 11 13 Advertisement for Bids. 00 11 16 Invitation to Bid. 00 24 13 Scopes of Bids. Scopes of Bids (Multiple Contracts). Scopes of Bids (Multiple-Prime Contract). 00 25 13 Pre-Bid Meetings. 00 41 00 Bid Forms. 00 41 13 Bid Form – Stipulated Sum (Single-Prime Contract). Requirements.

Equipment 45

Equipment Construction Schedule Concrete 45

Building Information Management

JULY 27, 2016

00 11 13 Advertisement for Bids. 00 11 16 Invitation to Bid. 00 24 13 Scopes of Bids. Scopes of Bids (Multiple Contracts). Scopes of Bids (Multiple-Prime Contract). 00 25 13 Pre-Bid Meetings. 00 41 00 Bid Forms. 00 41 13 Bid Form – Stipulated Sum (Single-Prime Contract). Requirements.

Equipment 40

Equipment Construction Schedule Concrete 40