Remove Budget Remove Change Orders Remove Compensation Remove Documentation
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Best Practices for Developing a Contractor’s Request for Compensation

Best Practices Construction Law

Recently, Cordell sent me a list of items that all contractors should review when developing a request for additional compensation. Review the contract terms. As you develop the claim, the contract documents are the first set of documents that you shoudl review. Review change orders and correspondence.

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Better Manage Construction Costs Schedules and Quality

Job Order Contracting

Over eighty percent (80%) of construction projects are over-budget, late, or not competed correctly. The errors and poor processes result in change orders, project delays, and legal disputes. Sixty (60%) percent of all project fail to meet both cost and and schedule targets. are all defined.

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Collaborative Construction Solution

Job Order Contracting

A collaborative construction solution, capable of consistently delivering quality repair, renovation, and new builds, on-time and on-budget, is available to any real property owner. The only proven method to date of resolving the above is to apply a programmatic approach to all participants, projects, and/or work orders.

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Provide Notice (and 10 Other Tasks) When Pursuing a Construction Claim

Best Practices Construction Law

Review the contract terms. As you develop the claim, the contract documents are the first set of documents that you should review. Review change orders and correspondence. At this point, your focus should be on what has been documented on the project to date. Assess other pertinent documents.

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A Practical Guide to Construction Accounting Software

Autodesk Construction Cloud

Sometimes referred to as the “language of business,” accounting personnel document an organization’s accounting activities to accurately measure financial performance. Overhead costs can fluctuate month to month based on workers’ compensation, subcontractors, insurance, training, and more. What to Include in Construction Job Costing.

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Why is construction so hard?

Fieldwire

An architect and team of designers has created a facility or structure that is meant to fulfill the needs and desires of a particular client, with a particular budget, building on a particular site. Failing to compensate these companies for their expertise only results in them finding ways to get paid later (change orders).

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A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

In short, project teams, including owners, better deliver structures according to their capabilities, requirements, timelines, and budgets. Procurement and Contracting Requirements Group (Division 00): Introductory Information: Indexing and general information documents. 00 31 16 Project Budget Information. Requirements.