Compensation Events Legal Negotiation 
Best Practices Construction Law
SEPTEMBER 4, 2014
Recently, Cordell sent me a list of items that all contractors should review when developing a request for additional compensation. You are going to go back to the original scope of work to see if that was well defined, and changes have been made either in the field or as part of a negotiated, detailed change.
Best Practices Construction Law
NOVEMBER 4, 2015
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. Prove legal entitlement. Identify whether there was loss of productivity.
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Revit OpEd
DECEMBER 22, 2017
Modification of limitation on excessive employee remuneration: Under current law, an employer generally may deduct reasonable compensation for personal services as an ordinary and necessary business expense. Code Section 162(m) limits the deductibility of compensation expenses in the case of publicly traded corporate employers.
Constructlaw
DECEMBER 7, 2020
Mealey’s International Arbitration Report recently asked industry experts and leaders for their thoughts on what events had an impact on global economy that have led to an increase in filings. Mealey’s: What, if any, events had an impact on the global economy that have led to increased filings? All rights reserved.].
Best Practices Construction Law
MAY 22, 2018
The real lesson is to make sure to review your contract for these types of provisions and try to negotiate the terms. For example, the AIA A201 expressly provides that the owner and contractor may seek damages from each other in the event of a delay caused by the other party. Lesson Learned.
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. With labor Pools they take care of all of that and you pay a fixed cost per hour or whatever you negotiate with the service.
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. With labor Pools they take care of all of that and you pay a fixed cost per hour or whatever you negotiate with the service.
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