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

Best Practices Construction Law

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. Court of Appeals for the 4th Circuit concluded that a “pay if paid” clause in a subcontract was not ambiguous and, therefore, enforceable against the subcontractor.

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IDIQ Construction Contract Guide

Job Order Contracting

No ability to subcontract—limited to trade specified in the contract. Individual projects are scoped and proposed based on unit prices, which converts to a lump- sum delivery order before proceeding. Changes orders, legal disputes, and cost/time overruns are virtually elimated. Job Order Contracting Advantages.

Contract 100
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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. 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 From my experience, the subcontract that comes over is the first offer. Here are Karalynn’s top recommendations.

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The Best Way for Trade Contractors to Stay Out of the Courtroom

Pro Builder

You can avoid legal trouble by managing client expectations with a simple yet comprehensive contract. A contract doesn’t have to be long and confusing to be effective, practically or legally. From project scope to warranty details, here are the basics of a simple but effective (and legal) contract for specialty trade work. .

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

Best Practices Construction Law

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. Court of Appeals for the 4th Circuit concluded that a “pay if paid” clause in a subcontract was not ambiguous and, therefore, enforceable against the subcontractor.

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Job Order Contract Execution Guide – Sample Template

Job Order Contracting

A Job Order Contract Execution Guide is a required element for any successful, best management practice JOC Program. The following template is provide for sample purposes only and should not be used a legally bidding document without through review and modification by appropriate Owner legal counsel. to 5:00 P.M.

Contract 100
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Construction Financial Reporting – Why It’s Important and How To Do It

cnstrctr

These reports should summarize the overall budget, potential change orders, cash flow, risks and more. You should break this report down by division including soft costs from hard costs (your costs vs costs that are subcontracted out). Changes – identify changes by a reference number, status of them and the value.