Remove Change Orders Remove Compensation Remove Overhead Remove Subcontracting
article thumbnail

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. coefficient (reference table of allowable overhead). authorization.

Contract 100
article thumbnail

#66:  Labor Inefficiency Costs: Who Pays? How Much?

NH Construction Law

Sometimes this unanticipated time/space compression is the owner’s fault, in which case the general contractor/construction manager and its subcontractors will likely be entitled to increased compensation by change order or otherwise -- and to a mechanic’s lien if that increase is not paid.

Lien 40
professionals

Sign Up for our Newsletter

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

article thumbnail

A Practical Guide to Construction Accounting Software

Autodesk Construction Cloud

To make things even more complex, items that you might consider overhead expenses are often actually costs of goods sold because they are connected to a client project. Overhead costs can fluctuate month to month based on workers’ compensation, subcontractors, insurance, training, and more. Subcontracts.

article thumbnail

Job Order Contracting – Best Practices Implementation

Building Information Management

The Owner will be required to deliver such materials to the job site or compensate the Contractor for providing labor to deliver Owner-furnished materials to the job. Equipment costs can be included in the task order only if a unit cost for equipment is listed for the specific task in the unit price book, and actually on the job.

article thumbnail

A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

00 45 26 Workers Compensation Certificate Schedule. 00 52 14 Subcontract Form – Stipulated Sum (design/bid/build or. 00 52 17 Subcontract Form – Cost-Plus (design/bid/build or design/negotiate/build). 00 45 26 Workers Compensation Certificate Schedule. 00 45 26 Workers Compensation Certificate Schedule.

article thumbnail

A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

00 45 26 Workers Compensation Certificate Schedule. 00 52 14 Subcontract Form – Stipulated Sum (design/bid/build or. 00 52 17 Subcontract Form – Cost-Plus (design/bid/build or design/negotiate/build). 00 45 26 Workers Compensation Certificate Schedule. 00 45 26 Workers Compensation Certificate Schedule.