NH Construction Law
APRIL 29, 2021
Sometimes the benchmark is budgeted costs, i.e., the contractor’s actual buyout costs at bid time (or those of their subs if the subcontract prices are similarly allowed to fluctuate). Often the benchmark is indexed costs, for example the producer price index or “PPI” published by the Bureau of Labor Statistics.
HardHatChat
JUNE 21, 2012
It doesn’t matter what kind of new shopping center construction you desire–whether it is a Power Center, a Lifestyle Center, or a strip mall in a high-traffic infill location–nothing will be built unless the numbers make sense for the commercial construction budget. Construction budgets can make or break a deal. Best Practices.
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Job Order Contracting
JULY 25, 2018
While the construction sector is notorious for its low productivity and waste, any facilities management team can consistently deliver project on-demand, on-time, on-budget, and to the satisfaction of all participants and stakeholders. This can be done through the deployment of LEAN collaborative construction delivery methodology.
HardHatChat
FEBRUARY 9, 2010
It’s better to catch that damage upfront so you know the true cost of the construction project instead of increasing your scope and budget afterwards. Or, what you thought was a “great deal” can turn upside down quickly. What have your dealings been like with distressed properties? Were they disbursed through a title company?
Building Information Management
OCTOBER 23, 2013
Job Order Contracting (JOC) was born of the United States military contracting world, where small construction projects were taking up to 18 months and 20 per cent of project budget to design and procure.
Autodesk Construction Cloud
OCTOBER 21, 2022
Subcontracting. This process is known as subcontracting. Proposed budget. According to Business Dictionary , a scope of work is “the division of work to be performed under a contract or subcontract in the completion of a project, typically broken out into specific tasks with deadlines.”. Timeline and schedules.
Autodesk Construction Cloud
NOVEMBER 5, 2021
It may be “a question from the Contractor to the Designer asking for information and clarifications on some drawing” or “a question from the Contractor to the Client or other stakeholders of the project… In some other cases, it’s the Subcontractor who is asking information from the Main Contractor regarding the subcontracted works.”.
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