Best Practices Construction Law

SEPTEMBER 29, 2020

The contractor won a bid to construct a water system in two local counties. Upon completion of the project, the owner sent contractor a check marked “Final Payment,” but the check did not compensate the contractor for its increased construction costs as a result of the delays or for the extra-contractual project expansion.

Negotiation 104

Negotiation Contractors Claims Mississippi 104

Autodesk Construction Cloud

FEBRUARY 25, 2022

For another, work delays from 2021 are likely to impact the risk of subcontractor default in 2022 and beyond. . The following standard financial ratios can help risk management teams evaluate potential trade partners during the subcontractor qualification process. FINANCIAL RATIOS: LIQUIDITY . Quick Ratio .

Safety 94

Safety Debt Liability Equity 94

Federal Construction Contracting Blog

APRIL 21, 2022

Unfortunately, the construction industry could not employ the remote workplace, and projects continued to require hands-on personnel who could not socially distance as a practical matter and were at greater risk for contracting COVID. Workers were fearful for their families and understandably concerned about themselves.

Contractors 52

Contractors Compensation Contract Defense 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. It reflects your company’s past injury and illness incidents and lets the insurance carrier calculate future risk. depending on a variety of factors used to determine risk. See the difference it can make?

Compensation 48

Compensation Insurance Injury Risk 48

Green Building Law Update

JULY 2, 2017

There is no dispute that the 1980 Comprehensive Environmental Response, Compensation, and Liability Act, commonly known as Superfund, has failed to clean up more than a small fraction of the nation’s worst hazardous waste sites. President Obama acknowledged the 37 year old federal program’s flaws while seeking more funding.

Site 120

Site IDEA Compensation Liability 120

Best Practices Construction Law

JANUARY 22, 2018

The contractor won a bid to construct a water system in two local counties. Upon completion of the project, the owner sent contractor a check marked “Final Payment,” but the check did not compensate the contractor for its increased construction costs as a result of the delays or for the extracontractual project expansion.

Claims 83

Claims Mississippi Legal Compensation 83

Chianelli Estimating

AUGUST 6, 2020

The tendency to adjust their bid estimating will inadvertently produce many business failures. Until Contractors receive any new OSHA Regulations or Insurance Companies analyze risk, the effects to their Estimating Departments approach will be challenged to allow for the potential of increased costs: both Direct & Indirect.

Estimating 60

Estimating Residential Insurance Commercial 60

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

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. Cumulative impact.

Products 48

Products Compensation Claims Schedule 48

Autodesk Construction Cloud

JANUARY 8, 2023

Methods vary from Design-Bid-Build, Design-Build, Construction Management at Risk and Multi-Prime, but none of these fully address the collaboration issues that can occur in construction teams except Integrated Project Delivery (IPD). In construction, how projects deliver determines how teams work together. How Does IPD Work?

Construction 52

Construction Agreement Contract Project Management 52

Pro Builder

OCTOBER 1, 2020

or risk surface cracking, window racking, or something far worse behind the finishes. The flexibility of the sealant and backer rod will compensate for that differential movement. The problems caused by these cracks are twofold. First, they open a pathway for water to get behind the siding and into the wall system. J-channel detail.

Materials 52

Materials Compensation Contract Inspections 52

Constructonomics

OCTOBER 3, 2010

Some jurisdictions also require the use of bid bonds to guarantee that a bidding contractor will enter into a project contract if selected by the owner. If the contractor cannot provide the obligee with appropriate reparation, then the surety can be accountable and could be left paying compensation up to the bond’s full value.

Contractors 140

Contractors Regulation Insurance Claims 140

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

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

Fieldwire

AUGUST 16, 2023

Adopting Lean Construction principles to optimize project throughput will not work in a design-bid-build, low bidder takes the job, environment because each trade contractor is looking out for themselves and trying to make some money on their low bid. But we can design systems to manage these complicated challenges.

Construction 52

Construction Management Contractors Site 52

Building Information Management

AUGUST 11, 2015

The terms Globally Harmonized System (GHS) and Infection Control Risk Assessment (ICRA) are getting focused attention from regulators, business owners, and property managers with new requirements. The Joint Commission also requires that organizations develop a policy to compensate for hazards. Pathogen Training.

Contractors 40

Contractors Construction Commissioning Certification 40

Building Information Management

AUGUST 11, 2015

The terms Globally Harmonized System (GHS) and Infection Control Risk Assessment (ICRA) are getting focused attention from regulators, business owners, and property managers with new requirements. The Joint Commission also requires that organizations develop a policy to compensate for hazards. Pathogen Training.

Contractors 40

Contractors Construction Commissioning Certification 40

Job Order Contracting

JANUARY 5, 2017

Determine the answers to the following questions BEFORE you bid or accept a Job Order Contract: Will you be able to perform? It is important to review all Job Order Contract provisions to assure avoidance of any unnecessary financial risk or potential legal issues. [1]. Shared risk/reward. JOC Coefficient: Don’ts.

Contract 100

Contract Contractors Consulting Software 100

Construction Cost Estimating

MAY 19, 2012

The building contractor will get faster and precise way for bidding and achieve more projects by creating more estimates in quickest possible time. The software provides a unique construction system amalgamating accounting, project management, estimating and service management under one roof.

Sage 45

Sage Estimating Contractors Accounting 45

Job Order Contracting

JUNE 12, 2017

Vendor Bid Analysis / Contractor/Subcontractor Quote Analysis: A method used to benchmark costs. If a project is won in a competitive bid, more details should be considered for cost estimation and control purposes. Tools and Techniques of Construction Estimating and Associate Cost Control.

Estimating 100

Estimating Construction Schedule Forecasting 100

ENR Construction

AUGUST 9, 2012

Order Your RISK FREE Subscription. After the victory in court, HDR filed for compensation of $20 million in legal fees. Learn about projects bidding in your local area: call 800-393-6343. free e-newsletter. industry jobs. Other Regions: Please Choose. ENR: National Coverage. Search our site: News. Industry News. Association.

Tampa 46

Tampa Legal News Engineering 46

Construction Cost Estimating

JULY 1, 2014

It also (ideally) details the terms and conditions of the construction or repair contract and itemises all work to enable a contractor to price the work for which he or she is bidding. These uncertainties are risks to the project. Wage rate - The agreed monetary compensation per hour for a person to accomplish work.

Estimating 45

Estimating Construction Products Overhead 45

Building Information Management

MARCH 10, 2017

It is important to review all Job Order Contract provisions to assure avoidance of any unnecessary financial risk or potential legal issues. Job Order Contracting (JOC) is a competitively bid, firm-fixed price, Indefinite Delivery Indefinite Quantity (IDIQ) LEAN construction delivery method. Shared risk/reward.

Contract 40

Contract Consulting Estimating Software 40

Construction Junkie

MARCH 9, 2021

As a Workers’ Compensation claims representative, I was only involved after the injury occurred. Abby Ferri, Senior Risk Control Consultant at Gallagher How did you get into the construction industry ? Bonnie Lunzer, 21 Years’ Experience. Bonnie Lunzer, Claims Manager at Parsons Electric How did you get into the construction industry

Safety 98

Safety Construction Industrial US 98

Contractor Bookkeeping

JUNE 15, 2012

It provides the baseline and milestones for your business and lets you make decisions in advance in the calm environment of your office instead of "on the fly" while driving, talking on your cell, eating lunch, and putting together a bid. You bid on a project and you are the low bidder. It is a must have to borrow money from a bank.

Contractors 48

Contractors Insurance Claims Lien 48

Contractor Bookkeeping

JUNE 20, 2014

It provides the baseline and milestones for your business and lets you make decisions in advance in the calm environment of your office instead of "on the fly" while driving, talking on your cell, eating lunch, and putting together a bid. You bid on a project and you are the low bidder. It is a must have to borrow money from a bank.

Insurance 48

Insurance Construction Accounting Claims 48

Contractor Bookkeeping

JANUARY 2, 2015

It provides the baseline and milestones for your business and lets you make decisions in advance in the calm environment of your office instead of "on the fly" while driving, talking on your cell, eating lunch, and putting together a bid. You bid on a project and you are the low bidder. It is a must have to borrow money from a bank.

Construction 48

Construction Insurance Accounting Claims 48

Buisness Facilities Contributed Content

JULY 11, 2014

Business Development Loan Program: Designed to assist new and existing businesses in obtaining loans that would have a higher degree of risk than would normally be acceptable to a lending institution. The credit is equal to 10% of the compensation paid to an intern. The maximum limit is $1,000,000 per project.

North Dakota 40

North Dakota Income Finance Equipment 40

Buisness Facilities Contributed Content

MARCH 8, 2016

Business Development Loan Program: Designed to assist new and existing businesses in obtaining loans that would have a higher degree of risk than would normally be acceptable to a lending institution. The credit is equal to 10% of the compensation paid to an intern. The maximum limit is $1,000,000 per project.

North Dakota 40

North Dakota Income Finance Equipment 40

Building Information Management

SEPTEMBER 18, 2015

Award determinations are made by selecting the mix of line items to be used for a project and multiplying the mix of line items by the coefficient bid by the offeror. Fixed-price task orders are appropriate for services that can be defined objectively and for which risk of performance is manageable. Streamlining Ordering Techniques.

Contract 40

Contract Contractors Procurement Office 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