Remove Budget Remove Change Orders Remove Compensation Remove Estimating
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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. 80% of cost overruns are due to poor scope of work definition, and associated inadequate and/or flawed construction cost estimates and otherwise poor planning, procurement, and project delivery management. are all defined.

Schedule 163
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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. This includes talking about the anticipated means and methods with estimator/project engineer; reviewing crew sizes and anticipated crew movements; analyzing the anticipated productivity (per cy, sf, etc.)

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Federal Construction Contractors Are Faced with the Double Whammy of the Pandemic and Price Escalation: What Can Be Done?

Federal Construction Contracting Blog

Delays to projects were frequent, but contractors were told that although they would be granted time extensions, these extensions would be non-compensable. The government recognized the financial impact to individuals who could not work and literally printed money to fund financial stimulus and extended unemployment compensation.

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

Best Practices Construction Law

This includes talking about the anticipated means and methods with estimator/project engineer; reviewing crew sizes and anticipated crew movements; analyzing the anticipated productivity (per cy, sf, etc.) Review change orders and correspondence. You need to confirm that the changes procedure in the contract was followed.

Claims 48
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A Practical Guide to Construction Accounting Software

Autodesk Construction Cloud

Overhead costs can fluctuate month to month based on workers’ compensation, subcontractors, insurance, training, and more. Don’t forget to include insurance, worker’s compensation, and taxes into the figure. Be sure to include a buffer for unforeseen labor costs in your estimates. What to Include in Construction Job Costing.

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Contractors Need Reports Not Bookkeeping

Contractor Bookkeeping

If we are discussing a brand new startup company you could understand why they might choose a paper system, spreadsheet model that does estimating and invoicing or a free program with pricey add-on’s or other systems simply because they don’t know what they don’t know. I keep losing money on change orders can you help stop the money leaks?

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Contractors Want Reports Not Bookkeeping

Contractor Bookkeeping

If we are discussing a brand new startup company you could understand why they might choose a paper system, spreadsheet model that does estimating and invoicing or a free program with pricey add-on’s or other systems simply because they don’t know what they don’t know. I keep losing money on change orders can you help stop the money leaks?