article thumbnail

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 change orders and correspondence. You need to confirm that the changes procedure in the contract was followed. At this point, determine if contract procedure was followed.

article thumbnail

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.

Schedule 163
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

Why the BIM Revolution Fizzled

Job Order Contracting

Changing work flows and business relationships, restructuring how organizations interact and are compensated is a requirement. LEAN AECOO impacts on every element of thinking, work, and business models. This level of performance is a far cry from the current dismal performance across the AECOO community. The buck stops with owners.

BIM 100
article thumbnail

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.

article thumbnail

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

Best Practices Construction Law

Review change orders and correspondence. You are going to go back to the original scope of work to see if that was well defined, and changes have been made either in the field or as part of a negotiated, detailed change. You need to confirm that the changes procedure in the contract was followed. If not, why not?

Claims 48
article thumbnail

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. What to Include in Construction Job Costing. You can then multiply the number of days you’ll have the crew on the project. .