Construction Marketing Ideas

DECEMBER 13, 2015

The local hospital authority, knowing and liking the contractor, builds deliberate ambiguities and change order opportunities into the contract; so the contractor confidently bids low, wins the work, and then submit change orders, which the owner promptly approves and pays. And that happened.

Change Orders 48

Change Orders Bidding Contract Contractors 48

Best Practices Construction Law

NOVEMBER 21, 2019

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. So, what should your contracts provide?

Contract 77

Contract Subcontracting Drafting Virginia 77

Job Order Contracting

OCTOBER 19, 2017

Job Order Contracting done right, that’s what the OpenJOC(TM) Job Order Contracting Framework is all about. OpenJOC Job Order Contracting Framework embeds LEAN best management practices and Key Performance Indicators (KPIs) for cost, performance, and time, with an overall focus upon best value outcomes.

Contract 100

Contract Life Cycle Renovating Management 100

Best Practices Construction Law

MARCH 17, 2021

And there are times when parties to a construction contract face a goocher. Khan Comfort, LLC , the Supreme Court of South Dakota held that a missing time element in a construction contract did not invalidate the contract. In other words, the court found that a contract existed—i.e., Here’s what I mean… In J.

Contract 62

Contract South Dakota Documentation Construction 62

Job Order Contracting

JUNE 13, 2019

Shared Risk/Reward. Real property owners tasked with the timely, successful completion of multiple maintenance, repair, and construction projects have been proven to greatly benefit from the appropriate deployment of LEAN construction practices, especially Job Order Contracting and Integrated Project Delivery. Defined Workflows.

Innovation 100

Innovation Construction Procurement Bidding 100

Job Order Contracting

FEBRUARY 16, 2018

Consider total cost of the project/program, including change orders, potential for legal disputes, and especially prior performance on similar projects. Assure that the relationships are mutually beneficial and based upon shared risk/reward. Learn more? Link to Articles and Research Studies. contact-form].

Products 100

Products Management Life Cycle Construction 100

Viewpoint Construction Technology

APRIL 17, 2018

Contractors that don’t start adhering to the new revenue recognition standards risk loss of standing in the marketplace and among creditors—something all contractors will want to avoid. Identify the Contract. This first step should be pretty easy for most contractors, since legally-binding contracts are already part of their processes.

Accounting 187

Accounting Contract Viewpoint Cash Flow 187

Job Order Contracting

FEBRUARY 6, 2019

Or… Job Order Contracting is a LEAN procurement and project delivery method for facilities repair, renovation, and minor new construction. It can deliver major benefits, but only if fundamental LEAN processes are adhered to and the real property owner actively participates and provides leadership.

Procurement 100

Procurement Renovating Change Orders Overhead 100

Autodesk Construction Cloud

FEBRUARY 3, 2023

They ensure everyone is on the same page from the get-go, on topics as diverse as how change orders how the chain of communication will be handled on site. They also try to identify special considerations and forestall potential areas of complication that can lead to change orders.

Change Orders 52

Change Orders Documentation Schedule Budgeting 52

Autodesk Construction Cloud

NOVEMBER 16, 2022

3: Contract Management. Getting your legal ducks in a row is paramount in construction, which is why it is important to have robust contract management workflows. . Moreover, poor contract workflows make it difficult for legal teams to audit projects, which can introduce all sorts of risks and liabilities. .

Autodesk 105

Autodesk Construction Contract Documentation 105

Job Order Contracting

AUGUST 20, 2023

Define estimate’s purpose ■ Determine estimate’s purpose, required level of detail, and overall scope; ■ Determine who will receive the estimate Develop estimating plan ■ Determine the cost estimating team and develop its master schedule; ■ Determine who will do the independent cost estimate; ■ Outline the cost estimating approach; ■ Develop the estimate (..)

Estimating 217

Estimating CSI Life Cycle Construction 217

BD+C

AUGUST 28, 2023

Navigating Complex Owner-Contractor Relationships It is always pertinent to follow the guidelines set forth in the contract, but when the owner and contractor are the same legal entity, it becomes even more crucial to understand the contract. Our AIA agreement outlines the appropriate procedures and processes for change orders.

Construction 81

Construction AIA Architecture Contractors 81

Job Order Contracting

OCTOBER 11, 2017

LEAN AECOO / Facilities Management will eventually become the norm, if not a legal requirement. Financial transparency and common data improve mutual understanding or requirements from concept through warranty period and beyond for all stakeholders. Owners must be directly involved as they ultimately defined requirements and pay the bills.

BIM 100

BIM Life Cycle Legal Management 100

Job Order Contracting

FEBRUARY 20, 2021

The errors and poor processes result in change orders, project delays, and legal disputes. The fundamental reason for poor outcomes is the failure to implement and properly manage robust and integrated LEAN planning, procurement, and project delivery processes.

Schedule 163

Schedule Management Procurement Construction 163

cnstrctr

JULY 1, 2019

These reports should summarize the overall budget, potential change orders, cash flow, risks and more. The contract is the first place to start when determining how frequently your construction financial reports should be issued. Forecast – depending on your contract type the reporting requirements here will vary.

Cash Flow 60

Cash Flow Forecasting Construction Contract 60

Construction Marketing Ideas

FEBRUARY 22, 2015

Craig Martin’s Construction Contract Advisor won the 2014 competition. Craig Martin’s Construction Contract Advisor blog won the 2014 Best Construction Blog competition , and its quality continues to make it a contender in 2015. Contracts and owners are not all alike. Some are fairer than others.

Contract 48

Contract Construction Claims Legal 48

Building Information Management

FEBRUARY 12, 2015

Job Order Contracting (JOC) is a firm fixed price, indefinite delivery, and indefinite quantity type contract used to execute sustainment, restoration, and modernization (SRM) projects at the installation. Appropriate distribution of risk. Issuance of contractor’s work orders based on owner’s requirements.

Contract 40

Contract Procurement Renovating Change Orders 40

Job Order Contracting

JULY 10, 2017

The two most widely known and used forms of LEAN construction are Integrated Project Delivery, IPD, and Job Order Contracting, JOC. Few change orders. Risk reduction. Virtual elimination of legal disputes. Benefits of JOC: Reduced procurement costs and time. Improve participant satisfaction.

Renovating 100

Renovating Construction Procurement Change Orders 100

Constructlaw

JUNE 17, 2022

But two recent state-court decisions evidence a change in that trend: Both held that the Economic Loss Doctrine bars fraud claims because parties to a commercial contract — often sophisticated and represented by counsel — allocate risk, prescribe damages, and rely on the terms of the bargain.

Colorado 52

Colorado Tennessee Claims Contract 52

Autodesk Construction Cloud

DECEMBER 18, 2021

In fact, you typically won’t be able to release final retainage without it—effectively putting as much as 10% of your contract at stake. Problems like delayed change orders, poor communication and lost paperwork may make it harder to close out a project on time. Delayed change order resolution.

Change Orders 52

Change Orders Documentation Equipment Risk 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. Reviewing and approving quotes in draft third party journal article on defects in green building contracts. Lunch with prospective client]. addendum public comment.

Green 149

Green Drafting Contract Sustainability 149

Building Information Management

JUNE 15, 2016

Defining outcomes, deliverable, risks, rewards, role, responsibilities, data requirements, and specification early, while also encouraging ongoing improvement, can limit change orders, legal disputes, and project delays.

Plans 40

Plans Change Orders Construction Legal 40

Building Information Management

MARCH 8, 2016

Job Order Contracting (JOC) is a competitively bid, firm-fixed price, Indefinite Delivery Indefinite Quantity (IDIQ) LEAN construction delivery method. Shared risk/reward. IMPLEMENTING A JOC PROGRAM – A JOC program involves a scope of work and an associated JOC contract. Appropriate use of supporting technology.

Contract 40

Contract Management Estimating Renovating 40

Building Information Management

SEPTEMBER 18, 2012

Job Order Contracting is a collaborative construction delivery method, a type of integrated project delivery (IPD) that specifically targets renovation, repair, sustainability, and minor new construction. Appropriate distribution of risk. Issuance of contractor’s work orders based on owner’s requirements.

Contract 40

Contract Change Orders Overhead Estimating 40

Best Practices Construction Law

JUNE 12, 2015

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. So, what should your contracts provide?

Subcontracting 48

Subcontracting Legal Drafting Virginia 48

Building Information Management

APRIL 6, 2016

Prevalent “low bid” design-bid-build construction procurement and delivery and it’s associated narrow consideration of “first costs”, is extremely wasteful and typically results in poor quality, project delays, excessive numbers of change orders, and overall higher costs. Shared risk/reward.

Renovating 40

Renovating Change Orders Procurement Construction 40

Construction Business Owner

OCTOBER 14, 2011

Some Advice on Change Orders » A Change (Order) for the Better? When clients ask me about change orders, I’m reminded of a well-circulated photo. The yacht is named “Change Order.” Discussion about change order difficulties tends to be one of two types.

Change Orders 120

Change Orders Construction Software Software 120

Construction Business Owner

APRIL 5, 2012

Green Construction & Construction Software » The Business of Construction Risk Management. With every project, no matter how big or small, there is always risk – risk of injury, financial responsibility, or quality assurance. If you stop to think about it, it’s clear that risk carries a dollar value.

Risk 120

Risk Insurance Construction Software 120

Building Information Management

MAY 28, 2014

Owners must learn more about collaborative and integrated project delivery methods: IPD – integrated project delivery for new construction, JOC – job order contracting or renovation, repair, sustainability, and minor new construction, and PPP – private-public-partnerships. Shared risk/reward.

Renovating 51

Renovating Sustainability Contract Products 51

Autodesk Construction Cloud

DECEMBER 3, 2021

At the same time, incomplete or incorrect plans almost always result in substandard work from the contractors completing the work, which can result in legal battles down the line. In the design phase itself, construction software can help reduce the risk of errors or incomplete designs by ensuring everyone is on the same page.

Budgeting 52

Budgeting Budget Construction Software 52

Building Information Management

APRIL 10, 2015

Job Order Contracting is an integrated, collaborative construction project delivery method with a 20 year+ track record. A Job Order Contracting (JOC) system is based on a competitively bid indefinite delivery-indefinite quantity (IDIQ) contract between a facility owner and a construction contractor. What is JOC?

Contract 40

Contract Renovating Bidding Construction 40

Construction Business Owner

DECEMBER 6, 2011

In running a business, there must always be a certain amount of risk that you’re willing to take. Risk is healthy; it keeps things fresh and gives you the opportunity to evolve. I took a risk in 2005 and dressed up as Superman for a marketing campaign. Or you could take a risk in offering a new product. change orders.

Construction 195

Construction Software Software Accounting 195

Building Information Management

NOVEMBER 19, 2015

The most recent report is the NATIONAL CONSTRUCTION AND CONTRACTS LAW SURVEY, 2015, NBS. It alone sets the tone, assigns responsibilities and deliverables, determines levels of risk, and establishes timelines among other items. Shared Risk/Reward. Contract/Project/Document Management. Reduced risk.

Construction 40

Construction Change Orders Procurement Legal 40

Best Practices Construction Law

FEBRUARY 28, 2013

In addition, you may not have the accurate contract provisions in front of you when you are sending an email from the project site, so your communication may not include the appropriate contract references that you need to support your position or claim. Question: Do you have a computer use policy for your project managers?

Tennessee 48

Tennessee Change Orders Contractors iPad 48

Building Information Management

NOVEMBER 3, 2015

The most notable examples are Job Order Contracting, JOC for renovation, repair, and minor new construction projects and Integrated Project Delivery, IPD for new construction. Transparency, shared risk/reward, and performance-based metrics must become commonplace vs. the exception. Shared Risk/Reward. Service Orientation.

Renovating 40

Renovating Sustainability Management Change Orders 40

PSMJ Resources

SEPTEMBER 12, 2011

Good Project Management is Good Risk Management. Most risks are foreseeable and responsive to thoughtful project management. • Risk reduction by any means is usually superior to any management scheme. Agreements that are legal, effective, and achievable are even better. • React to change in real time.

Project Management 40

Project Management Risk Resource Management 40

Job Order Contracting

APRIL 30, 2022

Reduced project related cost growth per change order. Partnering in major contracts: Paradox and metaphor. Journal of Legal. incentive contracts. construction: a case study on MTRC TKE contract 604 in Hong Kong. Channel Tunnel Rail Link: a contract partnership. construction contracting.

Construction 222

Construction Project Management Engineering Management 222