Green Building Law Update

MAY 7, 2017

Last week the American Institute of Architects released the 2017 edition of the A201 family of contract documents, including updated versions of the AIA’s documents developed for the design-bid-build delivery model. The previous version of the design-bid-build contract documents included a Sustainable Project version.

Documentation 168

Documentation AIA Sustainability Contract 168

Safety Services Company

FEBRUARY 13, 2024

After all, safety first, bidding next. Qualification – Completing the Annual Update is necessary for contractors to maintain a prequalified status to bid and work on projects. Without completing it, you risk losing qualifications or compliance until it’s finished. Naturally, many contractors (like you!)

FAQ 74

FAQ Contractors Management OSHA 74

Best Practices Construction Law

SEPTEMBER 29, 2020

But I have never really thought about that legal principle because, “People don’t really do that, do they?”. The contractor won a bid to construct a water system in two local counties. In Triangle Construction Co. Fouches and Assoc., The “paid in full” principle is not just an old wives’ tale.

Negotiation 104

Negotiation Contractors Claims Mississippi 104

Job Order Contracting

MARCH 1, 2017

It is important to review all Job Order Contract provisions to assure avoidance of any unnecessary financial risk or potential legal issues. [1]. Job Order Contracting (JOC) is a competitively bid, firm-fixed price, Indefinite Delivery Indefinite Quantity (IDIQ) LEAN construction delivery method. Shared risk/reward.

Contract 100

Contract Legal United States Documentation 100

Job Order Contracting

FEBRUARY 16, 2018

Best Value Procurement – Put aside cost low bid/lowest technically acceptable procurement strategies. Consider total cost of the project/program, including change orders, potential for legal disputes, and especially prior performance on similar projects. Learn more? Link to Articles and Research Studies. contact-form].

Products 100

Products Management Life Cycle Construction 100

Autodesk Construction Cloud

FEBRUARY 1, 2024

The inherent business-breaking risk can even lead many subcontractors to refrain from bidding on projects if a general contractor or an owner has a reputation for slow payments. Increasing financial risk. High compliance risk. Moreover, manual payment processes also increase compliance risk. Why Payapps?

Autodesk 87

Autodesk Cash Flow Construction Risk 87

Lets Build

APRIL 15, 2020

Additionally, the basics and essentials of budgeting, finance, organisation, scheduling, conflicts, and legal issues are also covered by the project manager. Construction management starts with a project owner sharing project information to contractors and subcontractors in order to solicit bids. The process.

Project Management 148

Project Management Management Construction Feasibility 148

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.

Bidding 48

Bidding Contractors Contract Site 48

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.

Bidding 48

Bidding Contractors Contract Site 48

Pro Builder

JANUARY 11, 2022

Because of how complex this industry is, there are a lot of risks associated with construction projects. Surety bonds minimize that risk for the client. It is important to understand how the risk associated with construction projects plays into the legal requirements for contractors. 2) Bid Bond.

Construction 52

Construction Bidding Contractors Contract 52

Lets Build

AUGUST 4, 2023

With the software, you can automate labour and material costs, standardise bids, and get accurate estimations based on previous costs and bids. This includes blueprints, legal contracts, building codes, budget documents, proposals, bids, etc. Poor budgets can lead to delays or even incomplete projects.

Software 78

Software Software Construction Budgeting 78

Job Order Contracting

SEPTEMBER 28, 2016

Business taxes, contributions, memberships, corporate headquarters support (legal, financial, etc.). Other risks of doing business (i.e., risk of a lower than expected contract dollar value; risk of a high inflation cost if factors are bid for option years; risk of poor subcontractor performance and re-performance).

Contract 100

Contract Overhead Insurance Profitability 100

Lets Build

AUGUST 4, 2023

With the software, you can automate labour and material costs, standardise bids, and get accurate estimations based on previous costs and bids. This includes blueprints, legal contracts, building codes, budget documents, proposals, bids, etc. Poor budgets can lead to delays or even incomplete projects.

Software 78

Software Software Construction Budgeting 78

HardHatChat

APRIL 24, 2023

Here are just a few examples: Working Through Challenges: Key Lessons for Moving Forward For Englewood and our national retail, restaurant, and hospitality clients, we’ve learned that the old mindset of the lowest competitive bid and a rigid approach to material and equipment is ineffective in times like these.

Commercial 156

Commercial Construction Retail Housing 156

Autodesk Construction Cloud

NOVEMBER 15, 2021

Owners pass on certain risks (contractually) to general contractors, who may do the same thing when hiring specialty contractors. Karalynn also emphasizes the importance of negotiating who takes on certain risks and liabilities. The shifting of risk and liabilities is a very common practice when drafting contracts.

Contract 52

Contract Contractors Negotiation Subcontracting 52

ENR Construction

AUGUST 7, 2012

Team Members Left Hanging on Bid for Tappan Zee Bridge Project. Description: One of the four teams contending for the estimated $5-billion Tappan Zee Bridge replacement project in New York State chose not to submit a bid at the last moment. Risk management. BONUS: ENR Future Tech & ENR Risk Review at no additional charge.

Bidding 54

Bidding New York FAQ News 54

Green Building Law Update

DECEMBER 8, 2019

Schools are greet at educating young people, but not expert in constructing buildings, green or otherwise and local education agencies are not interested in taking on the risk of constructing a building that will not meet the still mandated LEED or Green Globes standard. Public school construction is a big deal in the state.

Maryland 240

Maryland Green Guidelines Certification 240

Safety Services Company

SEPTEMBER 19, 2023

Only contractors meeting these prequalification standards are extended invitations to submit job offers or bids. When a company is Avetta-certified, it’s a sign that their contractors are qualified and well-trained , data is managed professionally, and risks have been assessed. Let’s dive into a few of them: 1.

Management 89

Management Contractors Safety Certification 89

Pro Builder

NOVEMBER 18, 2022

Each community and asset in your portfolio requires diligence, legal paperwork, and closing documents. Providing potential buyers with a complete understanding of the opportunities, risks, and upsides for each community in your portfolio pays off in the long run. The marketing and bidding phase typically takes 45 to 60 days.

Deals 52

Deals Bidding Agreement Cash Flow 52

Construction Business Owner

JANUARY 12, 2012

” » The Expensive Process of Bidding. Without spending money bidding projects, you can’t get jobs to make money building them. With more people bidding on fewer jobs, the market is much more competitive. Perhaps the toughest part, though, is that even if you bid a job and don’t win, you still incur costs to compete.

Bidding 149

Bidding Construction Documentation Software 149

Best Practices Construction Law

JANUARY 22, 2018

But I had never really thought about that legal principle because, “People don’t really do that, do they?” The contractor won a bid to construct a water system in two local counties. ” In Triangle Construction Co. Fouches and Assoc., Fouches and Assoc.,

Claims 83

Claims Mississippi Legal Compensation 83

Autodesk Construction Cloud

APRIL 14, 2023

We want to hear about the full range of use cases for Autodesk Construction Cloud, introductions to Bridge, deep dives on Cost Management, your top tips for winning bids with Bid Board Pro, and your safety workflows and processes in Build. Technical Instruction This is the how.

Autodesk 98

Autodesk Construction Las Vegas Industrial 98

Viewpoint Construction Technology

APRIL 23, 2019

Using estimating software simplifies bids, estimates, and financial project planning and makes the process somewhat foolproof. Rushing from project to project is inefficient, and risks cutting corners. Accurate estimating ensures there is always enough money for materials, wages, and more. Lack of Effective Communication.

Construction 237

Construction Software Software Estimating 237

Autodesk Construction Cloud

DECEMBER 17, 2021

If not, there can be ethical and even legal risks. It’s also important to note that there’s a common misconception around the definition of a bid vs. an estimate. A bid is a finalized offer in order for the construction project to proceed. In a bid, a contractor often specifies a construction price and project timeline.

Estimating 52

Estimating Bidding Construction Contractors 52

Levelset

APRIL 28, 2022

While general contractors commonly use performance bonds to reduce the risk of default, a bond ultimately protects the property owner, not the GC. Include X amount of additional profit in your bid.”. There is a large deductible ($350,000-$2 million) under most SDI policies, leaving the general contractor at financial risk.

Insurance 52

Insurance Contractors Claims ABC 52

Construction Dive

JANUARY 9, 2013

By Bruce JervisIn an industry which makes such extensive use of contractual documentation, some complain of obtuse or arcane legal terminology. This is clear, longstanding legal terminology. It means an event which must occur before a legal obligation arises. It may affect the enforceability of the contract clause itself.

Contract 48

Contract Subcontracting Legal Ohio 48

Job Order Contracting

JULY 10, 2017

Risk reduction. Virtual elimination of legal disputes. An open book JOC is NOT a JOC by definition as costs are derived from subcontractors in a typical design-bid-build fashion and are not fully visible, defensible and transparent. Financial transparency. Few change orders. Focus upon outcomes. Value-based procurement.

Renovating 100

Renovating Construction Procurement Change Orders 100

Building Information Management

APRIL 6, 2016

Prevalent “low bid” design-bid-build construction procurement and delivery and it’s associated narrow consideration of “first costs”, is extremely wasteful and typically results in poor quality, project delays, excessive numbers of change orders, and overall higher costs. Shared risk/reward.

Renovating 40

Renovating Change Orders Procurement Construction 40

Building Information Management

JULY 2, 2016

Business taxes, contributions, memberships, corporate headquarters support (legal, financial, etc.). Other risks of doing business (i.e., risk of a lower than expected contract dollar value; risk of a high inflation cost if factors are bid for option years; risk of poor subcontractor performance and re-performance).

Contract 40

Contract Overhead Permits Insurance 40

Best Practices Construction Law

FEBRUARY 28, 2014

Although there was a pre-bid site inspection report, the government warned that the report “for preliminary information only.” Best Practices Case Law Federal Construction Legal Trends' I have highlighted some key statements in the decision that you may find interesting.

Site 48

Site Claims Bidding Contract 48

Help Everybody Everyday

AUGUST 9, 2012

“Pull the bid,” the voice on the other side commands. One of your teaming partners has decided, for whatever reason, to pull the bid. There is risk associated with every time you win a proposal competition. Then there is risk associated with teaming. It’s worth $5B, yes billion. The hard work is done.

New York City 70

New York City Risk Bidding New York 70

Fieldwire

FEBRUARY 14, 2022

Legal experts often cite communication problems as the root cause of many construction disputes. Profitable firms also have consistent bidding and estimating processes that use current technology and pricing information. E-commerce has also helped firms procure materials and address supply chain challenges. Clear Communication.

Profitability 98

Profitability Contractors Management Contract 98

CivilJungle

DECEMBER 21, 2021

Information of Construction Risk Management. Construction risk management is a long steep process, in which we have to calculate the all-possible risk and determine the process by which we can reduce this type of risk. Where we identify, analyze the risks and work over them. What Is Construction Risk Management ?

Risk 52

Risk Management Contractors Construction 52

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

Construction Marketing Ideas

DECEMBER 13, 2015

Some years ago, in addressing how a successful contractor has managed to maintain a profitable business despite needing to compete in “low bid wins the job” open competitions, the contractor opened up to me with an observation: He wins the jobs because they are rigged in advance. And that happened.

Change Orders 48

Change Orders Bidding Contract Contractors 48

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

Job Order Contracting

OCTOBER 19, 2017

Coordination of teams and information, reducing errors, omissions and miscommunications, and virtual elimination of change orders and legal disputes. Focus upon shared/risk reward, shared/transparent/common information, mutual respect, best value, process, empowerment and continuous improvement.

Contract 100

Contract Life Cycle Renovating Management 100