Best Practices Construction Law

NOVEMBER 26, 2012

When drafting subcontracts, consider using a "pay when paid" or "pay if paid" clause so that payment is tied to when you receive payment from the owner. Monitor work-in-progress reports, cash flow reports and other documents to spot cash flow issues while there’s still time to do something about them.

Cash Flow 48

Cash Flow Project Management Change Orders Agreement 48

Job Order Contracting

JULY 29, 2021

Adversarial, change-order-oriented environment is common between owner, A/E, and contractor. Change orders may be reduced versus DBB due to A/E-contractor collaboration and contractual relationship. IPD or LEAN Job Order Contracting) of design process, with the A/E typically working for the contractor.

Design 130

Design Bidding Engineering Construction 130

Contractor Bookkeeping

FEBRUARY 14, 2014

A lot of contractors would like to subcontract out their bookkeeping services and the two main reasons they don''t is fear of losing control and cost. QuickBooks or Xero Accounting Online for construction depends on how you get paid, the type of work your company does and if you need Job Costing. Have Change Orders.

FAQ 49

FAQ Contractors Accounting Security 49