Job Order Contracting
AUGUST 31, 2021
Poor performance of one participant will often excuse other participants from the need to strictly fulfil their obligations, or entitle them to claim additional money from the owner. The over-riding goal of most contractor becomes minimizing the cost of performing the agreed scope or activity and maximizing profit.
Constructlaw
OCTOBER 12, 2022
At a jury trial, Silvi prevailed and was awarded the unpaid $160,000 balance and $1 million in lost profits. In a subsequent bench trial, the court denied Silvi’s CASPA claim, finding that Carney had withheld payment in good faith. Silvi asserted that the trial court abused its discretion in denying its CASPA claim.
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Federal Construction Contracting Blog
DECEMBER 9, 2022
The Armed Services Board of Contract Appeals (ASBCA) recently issued a decision regarding a contractor’s claim for increased performance costs due to the economic impact of the COVID-19 pandemic. The delivery order contained numerous fixed-price line items, some of which the contractor needed to procure from an outside vendor.
Job Order Contracting
JANUARY 10, 2021
While there has been a fair amount written about Lean principles, actual application in the form of an integrated construction planning, procurement, and project delivery methodology has been limited to 5% or less actual work. Design-Build Contracting Claims: Cumulative Supplement. Profitable partnering for LC. Bramble, B.
Autodesk Construction Cloud
JANUARY 19, 2022
To successfully grow, construction firms need to effectively manage cash flow to procure materials, pay vendors and salaries, fund new projects, and finance other day-to-day business operations. The real problem is that poor cash flow management can be disastrous…impacting your project schedules, profitability, and relationships.
Viewpoint Construction Technology
SEPTEMBER 23, 2018
And what often happens is that the lack of time to analyse the best way to make decisions or procure the right components means that project managers react as opposed to making rational decisions. Sometimes this erodes profit, but in some scenarios, it can mean losses or even worse. But Doesn’t Generic Accounting Software Do the Job?
Pro Builder
MARCH 16, 2021
If you’re not familiar with these terms, they refer to outside agent sales that aren’t properly registered and are determined to be the “procuring cause”—defined as the continued and uninterrupted series of actions of an agent that ultimately result in the sale of a property—of a home sale. Outsourcing Your Sales. Are Co-op Sales Worth It?
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