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Change Orders in Construction – 101 Guide

Lets Build

Change orders are common to construction projects. Whatever is the case, it is important to know how you can more effectively handle a change order as it can change your project both time and money. What is a change order in construction? What causes a change order.

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#132:  Written Change Order Requirements

NH Construction Law

Many construction contracts and subcontracts, both residential and commercial, provide that any addition or deletion from the scope of work described in the contract must be documented by a written change order. Does that failure doom additional compensation (or credit) for an agreed upon change to the work? Holden, Inc.

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Commercial Construction Best Practices: Debunking Construction Change Order Myths

HardHatChat

Commercial construction change order myths. If I had a dollar for every time I had to set the record straight on commercial construction costs and change orders… I would still have this job. There’s a misconception that general construction contractors love change orders. Trust me, we don’t.

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Commercial Construction Project Planning: 3 Warning Signs Your Budget Might Go Bust

HardHatChat

Budget is always a major consideration for our commercial construction clients, and as a general contractor we devote significant time to the budgeting process. That’s because in a competitive bid the commercial contractor is only responsible for bidding exactly what is in the plans, not the overall design intent.

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Commercial Construction Project Management Trends: How to Survive the Incredible Shrinking Timeline

HardHatChat

One of the biggest challenges for commercial construction firms today is the tighter project timelines that have become the norm at every phase of a project – from shorter deadlines for submitting initial bids and budgets, to quicker resolution on addendums and change orders, to compressed schedules for construction and delivery.

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How to Make Changes & Still Make Money

Construction Business Owner

It’s nearly impossible to make any money when contracts allow just 10% and your subcontract only allows for 15% total overhead and profit markup on change orders, or time and material costs plus work. The typical commercial contractor’s annual overhead and profit markup look much like those in Figure 1.

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Is Tech Adoption Worth the Pain?

Construction Business Owner

The question of why commercial real estate construction contractors and developers should be adopting advanced, user-friendly technologies and enterprise resource planning (ERP) systems is easy to answer. Is Tech Adoption Worth the Pain? Elizabeth Manning. Mon, 02/10/2020 - 16:39.