Fieldwire

AUGUST 14, 2023

Construction is one of the hardest industries to manage cash flow in, with contractors often facing large up-front costs and frequent, long delays between expenses and payment. Retainage is up for negotiation Retainage is not set in stone. Every contract is negotiable, including what percentage is retained and for how long.

Contractors 98

Contractors Cash Flow Lien Negotiation 98

Levelset

MARCH 31, 2022

In turn, the owner is relying on the insurance company to pay their claim. Dig deeper: What contractors need to know about the insurance claims process. In general, there are four parties involved in a restoration project: Property owner Insurance company Claims adjuster Contractor. Avoid insurance negotiations.

Insurance 93

Insurance Deals Contractors Claims 93

Viewpoint Construction Technology

FEBRUARY 19, 2019

Effectively managing cash flow is critical for contractors’ success. A rolling cash flow forecast will equip management with the tools to: Assess project performance. Better manage commercial risk and opportunity. This means you need to build rolling enterprise operating cash flow forecasts, project by project.

Cash Flow 130

Cash Flow Forecasting Construction Software 130

Best Practices Construction Law

NOVEMBER 4, 2015

When dealing with construction claims—whether one for construction defects, outstanding payment, or delay damages—an initial hurdle is making sure that proper notice has been given. This decision illustrates the importance of following a process when dealing with a claim. Identify issues and establish a roadmap.

Claims 48

Claims Change Orders Legal Schedule 48

Job Order Contracting

JULY 28, 2021

Most contractors have heard of design-bid-build, design-build, construction manager at risk, and even public private partnerships, various project delivery methods, which, at their heart, focus on balancing the interests of the various parties involved in a construction project, from owners, to design professionals, to contractors.

Contract 130

Contract Negotiation Los Angeles Estimating 130

Construction Dive

OCTOBER 21, 2012

There are several steps that subcontractors should take if they want to maintain their rights to file delay claims, Navigant Construction Forum Executive Director James Zack said during a webinar that WPL Publishing held earlier this month. Zack and Navigant Consulting Inc. ” Read more.

Claims 48

Claims Subcontracting Bidding Negotiation 48

Job Order Contracting

JANUARY 5, 2017

This course teaches students strategies and procedures for technical discussion and negotiation with contractors in the JOC task order process. The students will understand the overall process of contract changes, modifications, and claims processes in accordance with the FAR and AFARS. 2017 PURPLE BOOK. classification, etc.

Contract 100

Contract Negotiation Office Agreement 100

Lets Build

MAY 5, 2022

Webinar: How to connect your Snagging & QHSE processes to avoid claims and regain control. Photographic records support ongoing portfolio management, identifying changes or wear and tear far more comprehensively than any paper report ever could. This puts you in a stronger position to negotiate a cost-effective outcome.

Inspections 148

Inspections Software Software Documentation 148

Federal Construction Contracting Blog

JUNE 24, 2022

the Court of Federal Claims reminds contractors to read claim release language carefully before executing any agreement or modification. Claims under TOs 22 and 25 were the subject of a contracting officer’s final decision, the denials of which T.H.R. The parties ultimately reached a settlement agreement regarding these claims.

Agreement 52

Agreement Claims Contract United States 52

Construction Dive

FEBRUARY 6, 2013

One of the steps that can be taken to minimize claims and disputes in construction projects is to determine early on what the markup will be on all change orders, Bryan Jackson, a partner in the Los Angeles office of Allen Matkins Leck Gamble Mallory & Natsis LLC, told professionals attending a webinar that WPL Publishing held late last month.

Change Orders 48

Change Orders Claims Los Angeles Negotiation 48

Green Building Law Update

NOVEMBER 5, 2017

Appreciate that this limited number of disputes pursuing courtroom redress exists against a backdrop of a rising number of actual claims in green building construction projects. In absolute numbers there are more green building construction claims this year than last and more last year than the year before.

Green 120

Green Contract Documentation Claims 120

Green Building Law Update

DECEMBER 20, 2020

Last month GRESB announced that its management had purchased the business from its parent GBCI. Apparently, negotiations went on for months after the GRESB founders demanded the buy from GBCI, hoping but failing to accomplish the deal for the GRESB tenth anniversary. at odds with reality.”

Certification 156

Certification Deals Foundation DC 156

Levelset

APRIL 15, 2022

When a property owner files an insurance claim to cover a restoration or roofing project, the owner typically deals directly with the insurance company. An assignment of benefits , or AOB, is an agreement to transfer insurance claim rights to a third party. AOBs take the homeowner out of the claims equation. Setting up an AOB.

Insurance 52

Insurance Contractors Lien Claims 52

Job Order Contracting

OCTOBER 18, 2016

The appropriate work management office is responsible for assessing the validity of the work request, checking for duplication with other requests, classifying the category of work, checking the. The Facility Management / Technical Engineering Management Team (FM) is responsible for contract. Assignment of a Project Manager.

Contract 100

Contract Procurement Negotiation Project Management 100

Viewpoint Construction Technology

JANUARY 15, 2019

If you want to read some of the discussions that took place during last year’s customer panels, check out these blog posts: A Discussion on Change Management and True Tales about Construction in the Cloud. Claim Your Complimentary Spot Right Away. Register today to claim your complimentary spot at the Digital Contractor Roadshow.

Roads 158

Roads Contractors Viewpoint Austin 158

Job Order Contracting

AUGUST 15, 2017

The application of LEAN methods and best management practices can significantly improve your job order contract. JOC management authorities must require… JOC personnel are properly trained to do their jobs. A review of completed Job Order Contract Audits provides ample evidence of this fact. IMPROVE YOUR JOB ORDER CONTRACT.

Contract 100

Contract Estimating Contractors Negotiation 100

Autodesk Construction Cloud

NOVEMBER 15, 2021

Today’s guest, Karalynn Cromeens , Owner & Managing Partner at The Cromeens Law Firm , joins the show to share the steps everyone can take to make contracts more straightforward and less contentious. Karalynn Cromeens, Owner & Managing Partner, The Cromeens Law Firm. On this podcast episode. Let’s meet in the middle.

Contract 52

Contract Contractors Negotiation Subcontracting 52

Job Order Contracting

AUGUST 19, 2016

While the potential for fraud, waste or abuse exists, it can be significantly mitigated if reasonable measures are taken and JOC best management practices are implemented: Personnel to be assigned to work with JOC will be carefully screened to ensure only competent individuals with a high degree of integrity are assigned.

Contract 100

Contract Documentation Contractors Negotiation 100

Viewpoint Construction Technology

AUGUST 15, 2018

Whilst many of these services initially helped companies, today the landscape is so crowded with niche solutions that IT managers and executive teams are left scratching their heads at the range of confusing purchase options available to them. One integrated construction management solution can provide contractors with significant benefits.

Software 130

Software Software Construction Viewpoint 130

Construction Lawyer

APRIL 3, 2012

Federal Court dismisses subs claim against GC because of arbitration provision. Because LaSalle was not in privity of contract with USACE, LaSalle needed VETS to sponsor its claim against them. As such, they agreed "cooperate with each other to complete the Projects and to prosecute all Claims made to [USACE]."

Claims 40

Claims Agreement Illinois Subcontracting 40

Construction Law

OCTOBER 3, 2022

Claims for extensions of time was the most common cause of disputes, reported by 50% of respondents. One of the few positive notes is struck by the fact that some 34% of disputes were settled by negotiation at senior management levels.

Industrial 52

Industrial Contract Consulting Negotiation 52

Pro Builder

JULY 20, 2021

You can avoid legal trouble by managing client expectations with a simple yet comprehensive contract. The best way for specialty trade contractors to stay out of the courtroom is to manage their clients’ expectations. This is a terrific way to manage client expectations. . Business Management Best Practices.

Contractors 98

Contractors Contract Legal Change Orders 98

Job Order Contracting

APRIL 15, 2018

Change orders easily increased project costs by 50% or more, and claims and litigation were the norm, versus the exception. Logistics Management Institute, September 1997, et al.). Not Time and Materials, not cost-plus-fee, not Construction Manager @ Risk…. • Incentive to perform efficiently. and Linda T. OpenJOC Benefits.

Contract 100

Contract Change Orders Procurement Estimating 100

Best Practices Construction Law

SEPTEMBER 4, 2014

My mentor and good friend, Cordell Parvin , has over the years shared with me some great best practices for contractors—whether talking about bid protests, accidents on the jobsite, or filing a claim. I have edited the list and I am happy to share these ideas: Identify the best person to manage the team. Prove legal entitlement.

Compensation 54

Compensation Claims Change Orders Legal 54

Construction Marketing Ideas

FEBRUARY 22, 2015

The owner’s project management and upper management may make promises or representations their lawyers will later not let them keep. Therefore, it is difficult to negotiate with them as we would with another contractor. Jurors see the claim/case far differently than we do. It must be made in terms the jurors understand.

Contract 48

Contract Construction Claims Legal 48

Job Order Contracting

FEBRUARY 20, 2018

A Job Order Contract Execution Guide is a required element for any successful, best management practice JOC Program. The 4BT-CE(TM) JOC cloud estimating and project management system, or equivalent, shall also be used. These negotiations must precede the JO award/approval and are not allowed on a Change Order basis.

Contract 100

Contract Organization Change Orders Overhead 100

Job Order Contracting

OCTOBER 25, 2017

Facility management/engineering planning. Facility management/engineering should conduct a review of work that could be done to under the support of the JOC program and develop an estimated annual volume. Management Information System Requirements. Facilities Management/Engineering Planning. JOC procurement/award process.

Contract 100

Contract Contractors Conference Plans 100

Construction Cost Estimating

MAY 12, 2015

Help in administering and preserving the contract cost reporting system as ordered by the line manager. Help in making valuations and claims and make sure that these are compliant with appropriate records. Sound knowledge with commercial management of Construction projects and the construction process in general.

Cash Flow 40

Cash Flow Commercial Contract BIM 40

Constructlaw

DECEMBER 7, 2020

Charlie Lightfoot, Co-chair of International Arbitration Practices and Managing Partner, Jenner & Block, London. Reynolds: The COVID-19 pandemic’s impact on the global economy has led to an increase in breach of contract claims, and a parallel rise in novel breach of con­tract defenses focused on excuses for non-performance.

Claims 40

Claims Insurance Bankruptcy Legal 40

Building Information Management

SEPTEMBER 18, 2015

The following is a listing of considerations when implementing, managing, and /or working with Federal Government Job Order Contract. Negotiations and Source Selection. Assignment of a Project Manager. Negotiation of Task Order. Memorandum of Negotiations. Memorandum of Negotiations. 4Clicks.com.

Contract 40

Contract Negotiation Office Plans 40

Building Information Management

JULY 2, 2016

Managers at all appropriate levels should be required to ensure that. Meaningful quarterly reviews of JOC operations will be made by technical/engineering/ facility management staff and contracting/purchasing/procurement staff. JOC personnel are properly trained to do their jobs.

Contract 40

Contract Estimating Contractors Negotiation 40

Contractor Bookkeeping

JUNE 20, 2014

The only thing you know is your old boss was a terrible business manager and anyone could do better than that. 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. Let us take care of your accounting.

Insurance 48

Insurance Construction Accounting Claims 48

FDR Safety

MARCH 19, 2020

The representative, ideally the Safety and Health Director or Manager or someone in upper management, should be well-versed in OSHA standards applicable to the business, health and safety conditions of the workplace under inspection, location of required records to be kept under OSHA (e.g. Keeping the inspection under control.

OSHA 156

OSHA Inspections Conference Employment 156

Building Information Management

APRIL 10, 2015

Renovation, repair, and maintenance represent the bulk of facility management related costs, exceeding that of new construction for many/most. Items that are not in the UPB can be negotiated, priced, and added to the UPB at any time. The contractor’s project manager becomes part of the owner’s facilities management team.

Contract 40

Contract Renovating Bidding Construction 40

Contractor Bookkeeping

JUNE 15, 2012

The only thing you know is your old boss was a terrible business manager and anyone could do better than that. 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. Let us take care of your accounting.

Contractors 48

Contractors Insurance Claims Lien 48

Contractor Bookkeeping

JANUARY 2, 2015

The only thing you know is your old boss was a terrible business manager and anyone could do better than that! 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.

Construction 48

Construction Insurance Accounting Claims 48

Civil Lead

APRIL 22, 2020

To mitigate this problem one needs to have proper quotations from the contractor for each item or owner can engage the professional architect or engineer or project management consultant. Hence he has to manage and plan the fund from the beginning that is day one the cash flow has to be strong.

Contract 52

Contract Materials Housing Bargains 52