Best Practices Construction Law

MARCH 6, 2013

In a recent update about What Contractors Should Know , AGC estimates that as much as $4 billion in federal construction funding could be cut during the next seven months. What can contractors do to preserve claims? In your response, make sure that you provide notice of claims and reserve all rights.

Claims 54

Claims Contractors AGC Construction 54

Federal Construction Contracting Blog

NOVEMBER 11, 2021

This will relieve many, if not most, contractors from the burden and expense of undergoing a third-party assessment, but it will also increase the potential for liability under the False Claims Act for contractors who incorrectly certify their compliance. The DOD estimates that could take anywhere from nine months to two years.

Certification 52

Certification Defense Liability Contractors 52

Construction Marketing Ideas

FEBRUARY 14, 2015

A limited liability company, to which all parties are members, will have to meet licensing requirements in its own name. Under-Estimating Initial Cost. During these early stages when all participants are involved, many under-estimate the cost of the project.

ProCore 48

ProCore IDEA Resource Liability 48

Construction Cost Estimating

MARCH 11, 2015

THE ESTIMATING PROCESS FROM A TO Z Here in this cover story we are going to present you the basic details of the estimation. First, we have to download the estimating and budgeting spreadsheet. CUSTOMIZING THE ESTIMATING AND BUDGETING WORKSHEET This is an excel format of spreadsheet. A patience read is necessary here.

Estimating 40

Estimating Bidding Budgeting Budget 40

NH Construction Law

FEBRUARY 26, 2022

A CPM schedule identifies in logical sequence the tasks which must be performed in order to complete the project, assigning an estimated duration for each one. If the owner owns the float, time extension (or owner liability) is only for the length of delay in excess of the float days.

Schedule 40

Schedule Liability Contractors Contract 40

Buisness Facilities Contributed Content

APRIL 12, 2013

The five states that were impacted by the Deepwater Horizon disaster (including 665 miles of contaminated coastline), Gulf Coast business owners, the federal government and BP have spent the past three years dancing a slow legal tango that has assessed clean-up costs, fines and other liabilities.

Mississippi 52

Mississippi Alabama Liability Louisiana 52

Contractor Bookkeeping

JUNE 20, 2014

We strongly recommend a Subchapter S Corp (a Sub S) for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. Estimating Process - There is no one right answer. You can develop your own estimating and pricing process or you can use something like UDA.

Insurance 48

Insurance Construction Accounting Claims 48

Contractor Bookkeeping

JUNE 15, 2012

We strongly recommend a Subchapter S Corp (a Sub S) for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. Estimating Process - There is no one right answer. You can develop your own estimating and pricing process or you can use something like UDA.

Contractors 48

Contractors Insurance Claims Lien 48

Contractor Bookkeeping

JANUARY 2, 2015

Get Organized - We strongly recommend a Subchapter S-Corp for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. Estimating Process - There is no one right answer. Consult with a construction attorney and follow their advice. Lessons You Will Learn.

Construction 48

Construction Insurance Accounting Claims 48

Levelset

AUGUST 16, 2022

The surety is also likely to explore a contractor’s payment history on past projects — an inability to make on-time payments to subcontractors and suppliers can increase the risk of mechanics liens or bond claims. . One way to reduce the risk is to require subcontractors to purchase a bond to reduce your liability for non-performance.

Risk 52

Risk Cash Flow Construction Banking 52

Construction Law Monitor

OCTOBER 26, 2010

AIA documents are formed on the premise that an owner will seek out a qualified architect to begin a project, thus placing more liability and responsibility on that architect. This coalition is made up of contractor, subcontractor, owners, estimators and surety bond producers among others.

AIA 61

AIA Contract Documentation Drafting 61

Autodesk Construction Cloud

FEBRUARY 1, 2022

When estimating budget, remember that your architect and contractor likely will build some construction software costs into their budgets. Accurately estimating a construction schedule is crucial for project performance. Regardless, it’s much easier to avoid disputes and claims if plans are firmly in place before breaking ground.

Risk 52

Risk Schedule Design Budgeting 52

GCP Applied Technologies

JANUARY 9, 2019

It is estimated that moisture-related flooring problems cause more than $1 billion annually in the U.S. Does your contract expose you to potential liability for moisture damage—and, if so, for how many years? Given how common moisture problems are today, flooring contractors should build moisture mitigation into their schedule.

Concrete 92

Concrete Retail Schedule Renovating 92

GCP Applied Technologies

JANUARY 9, 2019

It is estimated that moisture-related flooring problems cause more than $1 billion annually in the U.S. Does your contract expose you to potential liability for moisture damage—and, if so, for how many years? Given how common moisture problems are today, flooring contractors should build moisture mitigation into their schedule.

Concrete 60

Concrete Retail Schedule Renovating 60

Levelset

MAY 25, 2022

Contractors on public projects aren’t allowed to file mechanics liens when payment problems arise, as the federal government (and most states) explicitly prohibits private entities from claiming an interest in public property. If payment problems come up, contractors file claims against this payment bond — not the property itself.

California 52

California Claims Lien Contractors 52

GCP Applied Technologies

JANUARY 9, 2019

It is estimated that moisture-related flooring problems cause more than $1 billion annually in the U.S. Does your contract expose you to potential liability for moisture damage—and, if so, for how many years? Given how common moisture problems are today, flooring contractors should build moisture mitigation into their schedule.

Concrete 84

Concrete Schedule Retail Renovating 84

Levelset

MAY 16, 2022

Contractors must list: An initial cost estimate A statement that the cost will not exceed 10% of the initial cost estimate Total potential cost (initial estimate + 10%) A statement that the cost will not exceed the “total potential cost” unless a written change order is signed by both parties.

Pennsylvania 98

Pennsylvania Residential Contractors Contract 98

Buisness Facilities Contributed Content

MARCH 9, 2016

The Award is based on two years (at full operation) of estimated incremental personal income taxes that the state would collect from new employees at the above pay scale. Qualifying businesses may receive a credit against the business’ annual state income or corporate excise tax liability. OTHER INCENTIVES.

Oregon 40

Oregon Zoning Finance Income 40

Construction Cost Estimating

APRIL 6, 2015

The planning and execution of the claim is the attorney''s liability, and engineers can not go off the script and steal the show. Info-Box If a project dispute arrives at the point where litigation or ADR is needed, it is likely that the claims involved are not easy and regular, but fairly complex.

Engineering 40

Engineering Guidelines Documentation Permits 40

Contractor Bookkeeping

SEPTEMBER 25, 2013

Did you send your liability insurance payment in late? If they have employees check their workers’ compensation account and claim history. What should you do- Estimates / Create Billings / Collect From Your Customers / Deposit The Money / Pay The Bills. Contractor''s License Suspensions Are Computer Generated.

Contractors 49

Contractors Cash Flow Washington Compensation 49

Job Order Contracting

DECEMBER 13, 2020

56% of trade contractors cite poor coordination and communication as negative impact on productivity 68% of trade contractors claim that poor schedule management is the top contributor to low productivity Only 22% of organizations use a PM software. Project Performance and the Liability of Group Harmony?, Klastorin, T. and Valluzzi, J.

Project Management 162

Project Management Capterra Organization Management 162

Levelset

JUNE 13, 2022

Also, roofing contractor’s must also provide proof of general liability & property damage insurance coverage of at least : One hundred thousand ($100,000) dollars per person Three hundred thousand dollars ($300,000) per occurrence, bodily injury Fifty thousand dollars ($50,000) for each occurrence and aggregate, property damage.

New York 52

New York Contract Residential Contractors 52

Autodesk Construction Cloud

JANUARY 19, 2022

And in 2020, the global cost of rework was estimated to represent 5% of all construction spending, or $625 billion. Choose projects with profitable estimates. With the elimination of manual and duplicate data entry, the risk of liability issues reduces, and processes become streamlined.

Cash Flow 59

Cash Flow Management Profitability Change Orders 59

Contractor Bookkeeping

AUGUST 9, 2012

In my opinion, and that is all I claim it to be, my opinion, the root cause is cognitive dissonance or "mental noise" wanting to do a good job for the construction company owners and then getting in their head they are the most important person at the company and should be respected and compensated accordingly. Estimated Total = $25,367.28.

Organization 48

Organization Contractors Accounting Profitability 48

Fieldwire

JANUARY 16, 2024

The right tools help you create rapid estimates for change orders and keep all parties informed of when they can expect delivery. Effective team management Your team is the lifeblood of your organization, but far too many business owners have begun to regard labor as little more than a liability on their balance sheet. Learn more → 3.

Project Management 52

Project Management Management Construction Life Cycle 52

Buisness Facilities Contributed Content

MARCH 9, 2016

The application must include an estimate of incremental revenues likely to be derived from the project; . This permit must be presented to the vendor, and a claim for exemption made at or before the time of purchase, to relieve the vendor of the liability for collecting sales tax. The permit must be renewed every three years.

Oklahoma 40

Oklahoma Income Finance Commissioning 40

Buisness Facilities Contributed Content

APRIL 15, 2014

If a business entity invests in a qualifying project that meets certain requirements and is approved by the Alabama Department of Revenue, and maintains minimum annual requirements, the company may receive an annual credit against its income tax liability generated from the qualifying project.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years. The credit is 20 percent of the actual costs limited to the employer’s income tax liability.

Income 75

Income Finance Zoning Equipment 75

Constructlaw

MARCH 24, 2023

These cases address topics, ranging from required liability insurance to compensation for a landowner’s loss of quiet enjoyment of their property. It also requires the licensee to maintain commercial general liability insurance.

New York 52

New York Compensation Negotiation Liability 52

Building Information Management

SEPTEMBER 18, 2013

In BIM parameter estimating, the accuracy[1] of a measurement system is the degree of closeness of measurements of a quantity to that quantity’s actual (true) value. A term describing the inflated, and/or deceptive, claims of using or delivering Building Information Modeling services or products. 14) [link] /. V3 Definition*.

BIM 40

BIM US Life Cycle Modeling 40