Remove Compensation Remove Documentation Remove Estimating
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Currency and Accuracy of Construction Cost Data used for IGEs

Job Order Contracting

An independent Government estimate of construction costs shall be prepared and furnished to the contracting officer at the earliest practicable time for each proposed contract and for each contract modification anticipated to exceed the simplified acquisition threshold. FAR 36.203 Government estimate of construction costs.

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Better Manage Construction Costs Schedules and Quality

Job Order Contracting

80% of cost overruns are due to poor scope of work definition, and associated inadequate and/or flawed construction cost estimates and otherwise poor planning, procurement, and project delivery management. Labor productivity value for each craft /work area needs to be estimated at a detail level as it will significantly vary.

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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. Assess other pertinent documents. If not, why not?

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LEAN Construction Framework – A Robust Solution fully supported by tools and services

Job Order Contracting

Defined workflows, stages/phases, documentation, approvals. Cost estimating and budgeting a continuous process, accomplished through intimate collaboration between internal and external planning, procurement, and project team members using locally researched, granular (line item) market data organized using standard data. “A

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The 9 Phases of House Construction According to HOAI

Building Radar

It governs how professionals are compensated for their work and defines a clear structure of service phases, ensuring that each step of the construction process is planned, supervised, and carried out correctly. Rough drafts, cost estimates, and scheduling considerations are made at this point. What is HOAI?

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9 Best Practice Tips for a Schedule Analysis of Construction Delays

Best Practices Construction Law

When savvy contractors face delays on a project, they immediately take steps to provide notice, document, evaluate and plan for recovery from those delays. This will also involve looking at the estimated impact, as well as the actual impact, of the delay. Identify the critical delays. Tie causation to each delay.

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Reducing 3 Types of Construction Waste to Increase Home Builder Profit

Pro Builder

It’s essential to order extra studs in order to compensate for faulty studs. Document the percentages of materials that are allocated for damages, miscuts, and mistakes, and be sure to communicate them to your trade partners. After this has been accounted for, you can estimate a more accurate waste factor percentage. .