article thumbnail

Home Builder Success and the Fragility of Good Things

Pro Builder

That’s true in the most basic sense, although your spouse, your boss, and especially your insurance company may disagree if you leave the bird in a heap of smoldering wreckage. . But there’s a caveat about the definition of “success”: You know of builders considered successful by the outside world simply because they’re profitable.

article thumbnail

constructionattorneyblog: Architect can't profit from wrongful conduct

Construction Lawyer

Werner Sabo is a partner at the construction law firm of Sabo & Zahn in Chicago. He is a member various professional organizations, has been an officer and director of the Chicago Chapter AIA, President of the Chicago Chapter, Construction Specifications Institute, and writes a regular construction law column for The Construction Specifier.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Job Order Contracts Require Owner Direct Management and Leadership

Job Order Contracting

The targeted contractors — and their insurance companies — had resources to dig in and fight back. Unified $855,000 from Chicago-based F.H. Paschen not only had earned more profit than its contract allowed but also had charged for more equipment than it installed. This month, a Los Angeles Superior Court jury awarded L.A.

Contract 100
article thumbnail

INDUSTRY FOCUS: Biotech, A Recession-Proof Growth Sector

Buisness Facilities Contributed Content

The strength of the bioscience industry is seen when compared to other leading knowledge-based industries, such as information technology services, aerospace, computer equipment and finance and insurance, all of which recorded net job losses during the same period. Illinois Medical District Thrives.

article thumbnail

Fall Conferences 2019: Top Takeaways

Stok

With many speakers re-asserting that climate change needs to be part of real estate strategy, a particularly interesting topic arose around the relationship of insurance, climate change, and real estate. stok’s Matt Macko dove into how wellness at work drives profits in a Wellness Learning Theater. 5: Housing, housing, housing! . #8:

article thumbnail

Dennis Calvert, the right architect for Design-Build

The Korte Company

FGM and The Korte Company wanted to form a new joint company to do Design-Build together, but insurance roadblocks prevented it. More successes followed, and in 1979 The Korte Company earned a milestone net profit of one million dollars. There was value in bringing those ideas into the project early.”.

Design 52
article thumbnail

Shovel-Ready Sites: Ready To Hit The Ground Running

Business Facilities

Iowa’s Certified Site Program takes into account national site location standards, benefits provided by Iowa’s natural resources and the needs of key business sectors, including advanced manufacturing, finance and insurance and the biosciences. Several bus lines provide daily service to Milwaukee, Chicago and Minneapolis.

Site 87