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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.

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Job Order Contract Execution Guide – Sample Template

Job Order Contracting

project task/line item, a full description in plain English, a unit of measure and a corresponding unit price, including labor, material, and equipment details, and an associated approved contractor coefficient are to be the basis for Contractor compensation. This action will require a modification to the JO to reflect a change order credit.

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A Recipe for Retaining Your Purchasing Talent

Pro Builder

A good purchasing professional must understand the construction process, local building codes, risk management, the enterprise resource planning system, schedules, the installing trades in a given market and the materials they use, alternative materials that could be used, their cost drivers, and so on—all while being an excellent negotiator.

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No Damages for Delay: What It Means and What Can You Do

Best Practices Construction Law

Further, since the contract provided for change orders, extra work, and acts or omissions by other contractors, such delays were, on their face, contemplated by the parties at the time they entered into the contract." ” * * * * * *. " What it means? What can you do?

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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.

Claims 48
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New Contractor Business Start Up

Contractor Bookkeeping

Your contracts need a well-defined scope of work, clear payment terms, a reasonable schedule and a good change order clause. Invoicing - For small projects we have a Free Invoice Template you can download and for larger projects with multiple deposits, change orders, progress payments check out our Pay Application.

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Unique Tips To Reduce Construction Company Start Up Stress

Contractor Bookkeeping

Your contracts need a well-defined scope of work, clear payment terms, a reasonable schedule and a good change order clause. Invoicing - For small projects we have a Free Invoice Template you can download and for larger projects with multiple deposits, change orders, progress payments check out our Pay Application.