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Payment Applications 101: A Guide to Pay Apps in Construction

Fieldwire

With progress billing, contractors submit a new payment application before the deadline of each pay period for the work completed and materials purchased in that period. Change orders : A change order is a written agreement between the owner or architect and the contractor that changes the contract amount, work requirements, and/or schedule.

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What Causes Construction Project Delays?

Viewpoint Construction Technology

Working with cloud-based, integrated construction software can keep everyone on the same page by providing equipment, materials and worker status visibility, project progress and productivity and timeline transparency — all in real time. Accurate estimating ensures there is always enough money for materials, wages, and more.

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The importance of keeping construction daily logs for every site activity

Lets Build

By keeping a construction and maintenance daily log, you can: Prove due diligence by recording constraints and their resolutions Show that you communicated with stakeholders, clients, and contractors Provide proof of labour hours , materials used, etc. Free eBook: Quick guide to Lean practices for construction professionals 2.

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Construction Business Owner Blogs

Construction Business Owner

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.

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How The Cloud Is Enabling Smarter Project Management—Part 4 of 5

Viewpoint Construction Technology

In either case, the data is secure and encrypted, ensuring that those without the proper authority or permissions cannot access the software. Accuracy, especially with the data used to generate WIP reports, true job costing projections, change order status and the like, is key to projects’ ultimate success.

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Community-based Construction Cost Estimating

Job Order Contracting

Appropriate materials and line items. Line items are reviewed for clarity and reasonableness to ensure basic building materials usage to common area quantities. Ability to create customized line items via changes to material, labor, and equipment, while maintaining core “parent line items”. Crews reviewed and updated.

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

Autodesk Construction Cloud

The difference between secured and unsecured debts. Best practices for handling change orders. What this tries to do is shift the risk of material price increases to the general contractor, and then from the general to the subs.”. Secured credit, on the other hand, is backed by collateral. And that is credit.