Remove Change Orders Remove Drafting Remove Risk Remove Subcontracting
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The Real Lemon in the Bunch: Understanding Pay-If-Paid Clauses in Construction Contracts

Best Practices Construction Law

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. In Universal Concrete Products Corp. However, in Thomas J.

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Digital Builder Podcast Ep 22: How Specialty Contractors Can Navigate Contracts & Get Paid On Time

Autodesk Construction Cloud

Best practices for handling change orders. Owners pass on certain risks (contractually) to general contractors, who may do the same thing when hiring specialty contractors. She recalls her experience speaking with a fellow attorney who had to go through a 129-page subcontract that could have been cut down to ten pages. “It’s

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article thumbnail

The Real Lemon in the Bunch: Understanding Pay-If-Paid Clauses

Best Practices Construction Law

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. In Universal Concrete Products Corp. However, in Thomas J.

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A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

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 52 24 Subcontract Form – Construction Manager as Agent or Adviser – Stipulated. 00 52 54 Subcontract Form – Design/Build – Stipulated Sum.

article thumbnail

A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

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 52 24 Subcontract Form – Construction Manager as Agent or Adviser – Stipulated. 00 52 54 Subcontract Form – Design/Build – Stipulated Sum.