Remove Change Orders Remove Claims Remove Negotiation Remove Risk
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Digital Builder Podcast Ep 22: How Specialty Contractors Can Navigate Contracts & Get Paid On Time

Autodesk Construction Cloud

Best practices for handling change orders. Owners pass on certain risks (contractually) to general contractors, who may do the same thing when hiring specialty contractors. For this reason, construction professionals must find better ways to craft and negotiate agreements. Let’s meet in the middle.

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Fraud as an Exception to the Economic Loss Doctrine: Changing Trends in Colorado and Tennessee

Constructlaw

Most frequently, the Economic Loss Doctrine bars negligence claims. Its outer bounds begin with intentional torts, and most jurisdictions do not apply the Economic Loss Doctrine to fraud claims. Dream Finders Homes claimed that Weyerhaeuser misrepresented the nature of the joists and claimed remediation costs and legal expenses.

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An Introduction to Job Order Contracting

Job Order Contracting

Change orders easily increased project costs by 50% or more, and claims and litigation were the norm, versus the exception. Not Time and Materials, not cost-plus-fee, not Construction Manager @ Risk…. • Incentive to perform efficiently. 8-22% of project costs were being consumed in design and procurement.

Contract 100
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The Real Lemon in the Bunch: Understanding Pay-If-Paid Clauses in Construction Contracts

Best Practices Construction Law

As you may be aware, one of the greatest risks on a construction project involves the payment process. Contractors have a means of shifting the risk of non-payment by the owner to its subcontractor by including a certain payment provisions in the subcontract agreement. However, in Thomas J.

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Construction Contract Advisor: A worthy contender, again

Construction Marketing Ideas

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.

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Litigation Topics for Prime / Subcontractor Contracts

Construction Law Monitor

Here both parties need to negotiate terms to better protect when a dispute arises. There are a number of provisions which could be contained in a prime/subcontractor contract that need to raise a red flag when present and should be negotiated by either party so as to keep the contract from becoming one-sided. Notice Provisions.

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Every Owner Should Implement JOC – JOB ORDER CONTRACTING – for Renovation, Repair, Sustainabilty, and Maintenance Construction Projects

Building Information Management

Items that are not in the UPB can be negotiated, priced, and added to the UPB at any time. Shared Risk-Reward. After the cost estimates are completed, the contractor and user negotiate to resolve differences in line items and/or quantities in their respective estimates. Reduced or Eliminated Claims. Performance-based.