Construction Law Monitor

JUNE 17, 2014

Over the past few years there has been a spike in public work and as these jobs reach completion contractors, subcontractors, equipment lessors, laborers and materials suppliers are forced to become well versed in the layout of the public bid law. Public Bid Law. When funds dry up, then the landscape can become more rigid.

Louisiana 58

Louisiana Materials Contract Lien 58

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. In addition, SubGuard does not provide protection against mechanics liens from unpaid second-tier subs and suppliers. Include X amount of additional profit in your bid.”.

Insurance 52

Insurance Contractors Claims ABC 52

Construction Law Monitor

JUNE 16, 2014

Over the past few years there has been a spike in public work and as these jobs reach completion contractors, subcontractors, equipment lessors, laborers and materials suppliers are forced to become well versed in the layout of the public bid law. Public Bid Law. When funds dry up, then the landscape can become more rigid.

Louisiana 40

Louisiana Materials Contract Lien 40

Levelset

APRIL 1, 2022

Luckily, there are insurance policies that will replace the cost of the stolen goods, such as builders risk insurance. When a contractor bids a job, they should have a relatively solid idea of how much materials or equipment might cost them based on the current market. Impact of construction site theft. Higher costs. Slower payments.

Site 52

Site Cash Flow Insurance Construction 52

Construction Law Monitor

NOVEMBER 2, 2011

Very important risk-shifiting devices – can determine a win or loss regarding a claim. Lien Waivers. Define extra – item of work beyond the original scope of work that is added during construction; MAKE SURE change orders and/or extras are in writing; 4. Notice Provisions. Indemnity Clauses. “Pay-when-paid” v.

Contract 56

Contract Change Orders Lien Contractors 56

Construction Law Monitor

JUNE 6, 2013

Louisiana has pretty strict guidelines for determining who is allowed to bid, contract and work on a project. One such necessity is being licensed by this state before even bidding on a project. If they decide to report you and you don’t have a license, you risk exposure to civil and potentially criminal penalties.

Contractors 62

Contractors Louisiana Bidding Guidelines 62

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

Construction Marketing Ideas

MARCH 16, 2016

This cascade of events led to non payments, and both the steel sub and the HVAC sub filed mechanic’s liens against the project. There are many pieces of documentation that support the drawings and each of those pieces come with their own risks–chief among them being time. DRAWINGS DON’T EXIST WITHIN A VACUUM.

ProCore 48

ProCore News Drawings Documentation 48

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

Autodesk Construction Cloud

JULY 7, 2022

In the last few years, we’ve seen more bidding activity on fewer jobs, indicating an increase in competition for construction projects. . To win more work, firms must be able to quickly deliver competitive bids that stand out. . Risk of Disputes. What jobs should bid you bid on? Increased Competition.

Software 105

Software Software Management Construction 105

Construction Lawyer

JANUARY 30, 2006

In other words, you use the stuff we post here at your own risk. The plaintiff sued the defendant for patent infringement, claiming that the amended specifications could only be met with the FieldTurf product and, therefore, the bid constituted an illegal "offer to sell" under 35 USC 271(a). mechanics liens.

Illinois 40

Illinois AIA Chicago Legal 40

Buisness Facilities Contributed Content

MARCH 8, 2016

A JDA Real Estate Loan is normally a second mortgage loan, subordinate to a first-mortgage loan provided by a bank; M&E Loans are secured by a first lien, co-equal with the bank’s lien, on the M&E being financed. Typical financing structure: 50% Bank Loan. 40% JDA Loan. 10% Borrower Equity. Eligibility.

New York 40

New York Finance Products Commercial 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. Biofuels PACE is a $5 million fund with an interest buy down of 5% below the note rate and no community match.

North Dakota 40

North Dakota Income Finance Equipment 40

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 guarantee fee may be included in the loan or in the rate charged by the lender. The maximum limit is $1,000,000 per project.

North Dakota 40

North Dakota Income Finance Equipment 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