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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. I have edited the list and I am happy to share these ideas: Identify the best person to manage the team. At this point, your focus should be on what has been documented on the project to date.

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Contracts need risk management

Construction Law

Anecdotally at least, it seems that the idea of remote legal proceedings forced on disputes by the courts being closed might have made parties more inclined to negotiate settlements, and this could at least partly account for the reduction seen in the length of time disputes take to settle.

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Mastering construction project management with 6 key strategies

Fieldwire

Preconstruction and procurement: Negotiate and sign contracts with subcontractors. Your vendor can give a good idea of how long training will last, so determine this and set up an abbreviated training schedule at the point of purchase. Compare that to the price of a typical worker’s compensation claim at $41,747.

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Slow as a Turtle? “No Damages For Delay” Clause Inapplicable to Contractor’s Claim Against Architect

Best Practices Construction Law

The court concluded: “If M2G2 Architects were intended to be protected by the no delay damages provision, one would expect some reference to that idea in this provision which otherwise precludes any third party beneficiaries to the contract.”. The McLeod decision reiterates yet one more time that “words have meaning.”

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Construction Project Manager Field Guide

cnstrctr

When I first started my career in the construction industry I had no idea what a construction project manager was or did. Total Compensation Of A Construction Project Manager By Years Experience. As with most careers, your compensation is indicative of your time in the industry, competency and responsibilities. 125k-250k.

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A Recipe for Retaining Your Purchasing Talent

Pro Builder

A good purchasing professional must understand the construction process, local building codes, risk management, the enterprise resource planning system, schedules, the installing trades in a given market and the materials they use, alternative materials that could be used, their cost drivers, and so on—all while being an excellent negotiator.

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Women’s History Month: Pursuing Gender Equality in the Workplace

Stok

Transparent compensation process. Studies have found that two of the biggest factors impacting the gender pay gap are negotiation and lack of transparency into salaries, so we vowed to remove both. An objective compensation process is also a stepping stone to salary transparency, further ensuring gender pay equity over time.