Remove Compensation Remove Contract Remove Negotiation Remove Schedule
article thumbnail

Contracts need risk management

Construction Law

More than ever, a watchful eye will have to be kept on programmes; just as over-optimistic schedules will risk big problems somewhere along the critical path. More than a few contractors we have spoken to over the years have prided themselves for leaving contracts ‘unused’ and ‘in a drawer’. Nick Barrett.

Risk 52
article thumbnail

Job Order Contract Execution Guide – Sample Template

Job Order Contracting

A Job Order Contract Execution Guide is a required element for any successful, best management practice JOC Program. JOB ORDER CONTRACT (JOC) EXECUTION GUIDE. The contract may consist of a collection of proposed institutional facilities type projects. The JOC will remain in effect for one year from date of contract award.

Contract 100
professionals

Sign Up for our Newsletter

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

article thumbnail

Best Practices for Developing a Contractor’s Request for Compensation

Best Practices Construction Law

Recently, Cordell sent me a list of items that all contractors should review when developing a request for additional compensation. Review the contract terms. As you develop the claim, the contract documents are the first set of documents that you shoudl review. Analyze the schedule. If not, why not?

article thumbnail

The pros and cons of becoming a subcontractor

Fieldwire

If you decide to start your own subcontracting business, you’ll be able to reap many of the most significant benefits of working as a general contractor — like greater flexibility in job hours and scheduling. Because subcontracts are negotiated rather than bid upon, you may not need bonds for subcontracts. Schedule a Demo

article thumbnail

Active Interference Wins Skee Ball Points and Precludes Enforcement of A “No Damages for Delay” Clause

Best Practices Construction Law

In construction contracts, “active interference” is a recognized exception to the enforcement of what is known as a “no damages for delay” clause. In that case, the Owner issued a notice to proceed to the bridge superstructure contractor with knowledge that substructure work would not be completed on schedule.

Claims 48
article thumbnail

Provide Notice (and 10 Other Tasks) When Pursuing a Construction Claim

Best Practices Construction Law

Generally, you have to make sure that you comply with the contract or insurance provisions by: (1) giving written notice of the claim; (2) to the correct party; (3) within the time required; and (4) identifying the event giving rise to the claim. Also, you will want to identify any contract interpretation issues. If not, why not?

Claims 48
article thumbnail

Additional Insured Endorsements & How They Work in Construction

Levelset

There are several related terms that are commonly confused in insurance policies and construction contracts. AI endorsements are often required as part of the construction contract. A certificate holder is a party that requires proof that a contractor meets the insurance requirements to perform work as defined in the contract.