Construction Dive

OCTOBER 14, 2012

By Bruce Jervis While change orders are sometimes associated with contractor claims, the majority of change orders are initiated by project owners. Or, the owner may simply change its mind. Regardless of the cause, an owner request for a change order proposal is a cost for the contractor.

Change Orders 48

Change Orders Contract Claims Documentation 48

Job Order Contracting

APRIL 12, 2019

Mitigate Construction Procurement and Project Delivery Variance and Risk. Assure substantial cost and quality benefits without the adversarial relationships common in traditional construction contracts. Assure substantial cost and quality benefits without the adversarial relationships common in traditional construction contracts.

Procurement 100

Procurement Risk Change Orders Legal 100

Contractor Bookkeeping

MAY 2, 2013

In this case the "Hammer" is a change order. This is harsh but true from my experience as a contractor and now as a construction accountant. The 80-20 Rule For Financial Success In Construction. Change orders are the "Hammer" and if you have a signed change order you have the hammer.

Change Orders 48

Change Orders Contractors Cash Flow Profitability 48

Job Order Contracting

AUGUST 8, 2017

LEAN JOC Construction Improves Facilities Management Outcomes for all participants and stakeholders by focusing upon best value. In order to achieve the Project goals, all team members must proceed with with informed, accurate information concerning process, quality, cost and schedule. Were cost savings realized?

Management 100

Management Construction Schedule Life Cycle 100

cnstrctr

JULY 1, 2019

When someone thinks of the excitement of constructing a new building, financial reporting immediately comes to mind. Nevertheless it an important part of any construction project. Keeping an owner, and your own company informed of the financial status of a project is just as important as quality and schedule.

Cash Flow 60

Cash Flow Forecasting Construction Contract 60

Construction Junkie

SEPTEMBER 25, 2020

If we’re being honest with ourselves, rework happens on nearly every construction project, whether it’s due to poor craftsmanship, field changes, or errors of omission. with the Navigant Construction Forum have put together a very informative and comprehensive report on the total impact rework can have on a particular job.

Change Orders 103

Change Orders BIM Documentation Overhead 103

Job Order Contracting

OCTOBER 25, 2021

Most of the repair, renovation, sustainability, and new build construction projects end up over budget, and otherwise fail due the use traditional inefficient, archaic, and antagonistic processes. The net results include reduction in change orders, improved job scheduling, and projects delivery on-time, on-budget, per owner requirements.

Renovating 212

Renovating Procurement Budgeting Budget 212

Job Order Contracting

APRIL 30, 2022

The characteristics of strategic collaboration and efficient construction project delivery are discussed below. Characteristics of Strategic Collaboration and Efficient Construction Project Delivery. Reduced project related cost growth per change order. Shorter construction schedules than planned.

Construction 222

Construction Project Management Engineering Management 222

cnstrctr

FEBRUARY 18, 2019

Construction Management is a form of contract within the construction industry that is used throughout the world. Unlike lump sum contracts, construction management allow the general contractor to take on a universal role to help manage the overall project. How Is Construction Management Different?

Management 60

Management Construction Industrial Contract 60

Levelset

MARCH 16, 2022

Undertaking a large construction project is exciting, but it can also be overwhelming. Instead of looking at the project as one big job, it’s possible to break almost every project down into individual phases of construction. Once a construction project is finally taking shape, it hits the performance and monitoring phase. .

Lien 52

Lien Construction Budgeting Budget 52

Pro Builder

APRIL 19, 2021

“Prefab project success can only be quantified by exceeding the schedule of a site-built project, in my opinion. Off-Site Construction. Off-Site Construction. No other metric is as important.

Cash Flow 52

Cash Flow Philadelphia Change Orders Structural Engineering 52

Green Building Law Update

DECEMBER 18, 2016

Responding to client email about impact of construction project change order on contemplated LEED certification, so that payment can be released today. Responding to consultant email and draft report of Phase II environmental site assessment. Drafting form contract for LEED consultant to use in responding to RFPs.

Green 149

Green Drafting Contract Sustainability 149

Autodesk Construction Cloud

OCTOBER 19, 2022

AU 2022 Day 2 Recap: The Most Interesting Moments of the Construction Session . If you weren’t able to make it to AU 2022, that’s okay, because we recorded these construction sessions and theater talks for on-demand streaming. 10 Construction Sessions You Might Have Missed. How Will the Construction Sector Get to Net Zero?

Autodesk 52

Autodesk Construction Estimating Boston 52

The Korte Company

JANUARY 19, 2024

But all minimize the cutting-edge construction software that made this not-so-straightforward job in Robinson, Illinois possible — and the first of its kind in Korte history. To manage the complexity of the project, we relied on a phased work schedule over two years. 177,726 square feet. A two-story addition. Multi-phased Design-Build.

Design 52

Design Modeling BIM Consulting 52

Autodesk Construction Cloud

FEBRUARY 1, 2022

Why Choosing the Right Delivery Method Matters in Construction. Although construction and car services are two very different industries, the same sentiments are valued; the journey is just as important as the end result. That’s why choosing the right project delivery method is an important first step before construction begins.

Risk 52

Risk Schedule Design Budgeting 52

Autodesk Construction Cloud

JUNE 20, 2023

6 Easy Ways to Improve Construction Punch Lists At some point, no matter how much of a joy (or hell) it’s been, every project must come to an end. But as most steps in construction, it’s easier said than done. What Is a Construction Punch List? The construction punch list, also known as a snag list in the U.K.,

Construction 52

Construction Software Software Budgeting 52

Autodesk Construction Cloud

NOVEMBER 7, 2022

When they do, it’s not enough to simply watch it fade away through the rearview mirror; you have to make sure all the i’s have been dotted and the t’s have been crossed—and that means a construction punch list. But as most steps in construction, it’s easier said than done. What Is a Construction Punch List?

Construction 52

Construction Software Software Budgeting 52

Cassell Construction Estimating

APRIL 20, 2015

A document is any reference associated with an activity such as a drawing, test plan, change order, or user manual. Smooth scheduling! The post DD# 80: P6 Deep Dive: Underutilized Feature in P6 appeared first on Cassell Consulting - Construction Operations Consulting. By Ken Wagner. Digital Dry Shack Blog'

Documentation 100

Documentation Products Change Orders Consulting 100

Contractor Bookkeeping

AUGUST 1, 2013

Contractors and other small business owners having nothing to do with construction have told us how frustrated they are about the amount of time, money and effort they are losing from bad bookkeeping and bad bookkeepers. Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington.

Contractors 49

Contractors Change Orders Accounting Schedule 49

Job Order Contracting

DECEMBER 13, 2020

The ability to successfully account for and manage change during a project lies in an organization’s leadership and level of maturity relative to its strategies, processes, goals, and resources. Mature organization don’t react to change, they address change according to their programmatic process. ORGANIZATIONAL MATURITY.

Project Management 161

Project Management Capterra Organization Management 161

Contractor Bookkeeping

AUGUST 1, 2013

Contractors and other small business owners having nothing to do with construction have told us how frustrated they are about the amount of time, money and effort they are losing from bad bookkeeping and bad bookkeepers. Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington.

Contractors 49

Contractors Change Orders Accounting Schedule 49

Contractor Bookkeeping

JULY 27, 2013

Contractors and other small business owners having nothing to do with construction have told us how frustrated they are about the amount of time, money and effort they are losing from bad bookkeeping and bad bookkeepers. QuickBooks Training Program For Construction Contractors. QuickBooks Classroom Training. Your Primary Instructor.

Contractors 49

Contractors Change Orders Accounting Schedule 49

Contractor Bookkeeping

JULY 23, 2013

Don’t be afraid to bring out the estimate, change order form or invoice. In most cases they want you to write up the order and if you do not get the paperwork started early they oftentimes think you are rejecting them. Every type of Construction Company has common issues; the solutions need to be customized to fit their needs.

Construction 59

Construction Deals Change Orders Contractors 59

Contractor Bookkeeping

JULY 27, 2013

Contractors and other small business owners having nothing to do with construction have told us how frustrated they are about the amount of time, money and effort they are losing from bad bookkeeping and bad bookkeepers. QuickBooks Training Program For Construction Contractors. QuickBooks Webinar Training. Your Primary Instructor.

Contractors 49

Contractors Change Orders Accounting Schedule 49

Contractor Bookkeeping

JUNE 20, 2014

Let Us Help Reduce Construction Business Start Up Stress. We Are QuickBooks Experts Specializing In Construction Bookkeeping Services. You Quit Your Job - And started a construction business only to discover you need a contractor’s license and bond. Consult with a construction attorney and follow their advice.

Insurance 48

Insurance Construction Accounting Claims 48

Contractor Bookkeeping

JULY 28, 2014

Change Orders and Related Payments. Project Baseline, Changes and Payments To Report? Change Orders and Related Payments. Project Baseline, Changes and Payments To Report? When a construction project grows beyond two invoices, and you add job deposits and change orders the process gets real tricky.

Contractors 49

Contractors Change Orders Accounting Cash Flow 49

Contractor Bookkeeping

JANUARY 2, 2015

We Are QuickBooks Experts Specializing In Construction. Did You Quit Your Job - And start your own construction company only to discover you need a contractor’s license and bond. Did You Ask A Friend Or Relative - To loan you some start-up capital and they agreed on condition you become equal partners in your construction company.

Construction 48

Construction Insurance Accounting Claims 48

Building Information Management

JULY 26, 2016

While LEAN principles, as defined for production systems, originated from the Japanese manufacturing industry, LEAN construction delivery methods have evolved to meet the requirements of real property owners and the AEC sector. Collaborative “LEAN” collaborative construction delivery methods actually predate the term LEAN!

Construction 40

Construction Contract Life Cycle Procurement 40

Building Information Management

JULY 26, 2016

While LEAN principles, as defined for production systems, originated from the Japanese manufacturing industry, LEAN construction delivery methods have evolved to meet the requirements of real property owners and the AEC sector. Collaborative “LEAN” collaborative construction delivery methods actually predate the term LEAN!

Construction 40

Construction Contract Life Cycle Procurement 40

Contractor Bookkeeping

NOVEMBER 7, 2013

Is Freshbooks Accounting not working for your construction company? It is similar to the reason why eventhough a $50 circular saw is a bargain at first, most construction contractors agree it really only works well for handyman doing some minor projects and it simply is not robust enough for a general contractor. Have Change Orders.

Accounting 48

Accounting Construction Contractors Project Management 48

Contractor Bookkeeping

AUGUST 6, 2014

Did change order work that you never got paid for doing and never will. 2 The financials tell the banker your bookkeeper doesn''t understand Construction Accounting. #3 4 You have no access to a construction accountant, not even for quarterly check-ups. #5 The Construction Specifications Institute (CSI).

Finance 48

Finance Accounting Construction Banking 48

Contractor Bookkeeping

NOVEMBER 1, 2013

Is Xero Accounting Online Not Working For Your Construction Company? It is similar to the reason why a $50 circular saw is a bargain and may work great for a handyman doing some minor projects and yet for a construction contractor it simply is not robust enough to get the job done. Have Change Orders.

Accounting 48

Accounting Construction Contractors Project Management 48

Cassell Construction Estimating

FEBRUARY 4, 2009

Our travel schedule is busy this month: after attending World of Concrete Feb 2-4, we’re down in Phoenix talking to our customers in the Valley of the Sun. We’re seeing some good signs in commercial concrete, but Todd Stecker of SCP Construction reports that residential starts are down another 50% from last year’s dismal figures.

Sage 100

Sage Estimating Las Vegas Industrial 100

Contractor Bookkeeping

JULY 7, 2014

Just because you don''t fully understand everything, you need to know about running a construction company doesn''t mean you shouldn''t be paid a fair price for your work! Manage Change Orders. Schedule Jobs. Dispatch Construction Workers. Now you are overwhelmed with paperwork and the fun is gone! Embezzlers.

Contractors 49

Contractors Accounting Banking Project Management 49

Contractor Bookkeeping

AUGUST 30, 2013

We Serve Several Highly P rofitable Construction Companies and some not as profitable ones. Invite Your Construction Bookkeeper To A Jobsite For Half A Day. It has to be the person who is a constru ction bookkeeper, not a regular bookkeeper because the difference between construction accounting and regular accounting is night and day.

Profitability 48

Profitability Contractors Accounting Cash Flow 48

Rory Woolsey

FEBRUARY 16, 2012

Rory Woolseys Construction Estimating Blog. Construction Estimating One Bite at a Time. If you think about it there is a direct relationship to change orders on public funded design-bid-build jobs and the quality of the bidding documents. This is true for the basis of JOC, the construction task unit price “book.”

Estimating 40

Estimating Bidding Negotiation Contract 40

Contractor Bookkeeping

AUGUST 1, 2013

Contractors and other small business owners having nothing to do with construction have told us how frustrated they are about the amount of time, money and effort they are losing from bad bookkeeping and bad bookkeepers. Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington.

Contractors 48

Contractors Accounting Washington Project Management 48