Budget Change Orders Deals Negotiation 
HardHatChat
APRIL 12, 2019
Any long-time readers of Hard Hat Chat have probably picked up on the fact that I’m a big fan of the negotiated bid. The GC then works with the client to budget the job based on pricing from subcontractor partners. Many large or complex construction jobs are budgeted and built out in phases. It’s A Multi-Phase Project.
NH Construction Law
APRIL 29, 2021
Another approach is to negotiate with subcontractors or suppliers to lock in prices for an extended period of time, thereby kicking the price increase risk downstream – but in the present volatile market, subs and suppliers are increasingly reluctant to hold their prices for long, typically not more than 60 or 90 days.
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Best Practices Construction Law
NOVEMBER 4, 2015
When dealing with construction claims—whether one for construction defects, outstanding payment, or delay damages—an initial hurdle is making sure that proper notice has been given. This decision illustrates the importance of following a process when dealing with a claim. Review change orders and correspondence.
Construction Marketing Ideas
FEBRUARY 22, 2015
Some create greater risks of making the budget if we encounter changes, delays and impacts. We should appreciate the risks before bidding and not underestimate indirect costs of staff to deal with these situations. Failing to include these costs in change orders makes it far more difficult to recover the costs later.
Contractor Bookkeeping
MAY 28, 2013
A customer is someone who treats everyone and everything as a commodity negotiates the lowest possible price, leaves nothing but bad feelings, squeezes every last ounce of value and withholds payment as long as possible. As soon as a wall was up or a floor was sheeted the home owner would want to change something.
ProcurementExpress.com
JULY 15, 2019
And finally, cloud-based record-keeping means that construction companies can make better predictions about how much to charge clients because all the data is right there–including vendor pricing, past estimates, and records of change orders. Process Change Orders Quickly. Automate P2P. Speed Up Receivables.
ProcurementExpress.com
JULY 15, 2019
And finally, cloud-based record-keeping means that construction companies can make better predictions about how much to charge clients because all the data is right there–including vendor pricing, past estimates, and records of change orders. Process Change Orders Quickly. Automate P2P. Speed Up Receivables.
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