Best Practices Construction Law
NOVEMBER 26, 2012
Who couldn't use more cash during the holiday season? No matter the season, however, construction companies rely heavily on cash flow to fund their operations. Cash flow depends on so many variables, but there are a few that you can control. Tie bonuses or other incentives to effective cash flow management.
PSMJ Resources
JUNE 10, 2013
Strategies to manage WIP: Bill more often than every 30 days, if the client will accept Ask for a retainer prior to starting the work Bill lump-sum projects on the first day of the month; the PM only has to send accounting a percent complete in order for an invoice to be prepared, so lump-sum in voices can go out at least a week ahead of hourly billings (..)
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Lets Build
DECEMBER 2, 2022
A construction quality management plan should be drafted as a standard document, to be applied to all future projects. If it’s a new situation, it may be necessary to devise workarounds to issues as diverse as legal risks, worker training, or cash flow concerns. Creating a plan.
Green Building Law Update
OCTOBER 21, 2018
Much more than only anticipating weather extremes, in the draft document expected to be approved in the coming days, RELi 2.0 is made clear by the draft’s own words, “[t]he RELi 2.0 The Green Business Certification Inc.’s s newest rating system, RELi 2.0 Those in the know have described RELi 2.0
Construction Business Owner
FEBRUARY 2, 2012
Beane didn’t achieve success by drafting players based on his emotional judgments or media-based hype. In fact, I often wonder how smaller construction businesses with tighter margins can compete with the gigantic firms who have unlimited resources. February 2009. January 2009. December 2008. November 2008. October 2008. September 2008.
Construction Business Owner
JANUARY 4, 2011
In that relatively short time frame I am able to draft an email from 30,000 feet and send it into the ether to any number of project team members. When I started working in the industry we still used payphones to call the office from the “field” We used paper estimates, a calculator and copy machines. February 2009. August 2008.
Autodesk Construction Cloud
DECEMBER 18, 2021
You should also draft a note to each subcontractor thanking them for their contribution and providing any feedback you have for the job. Legal risks, political issues, cash flow, worker training, transferring the deliverables, and other risks should be carefully assessed to ensure the final handover is easy and efficient.
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