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ConsensusDocs releases updated subcontract for federal work

BD+C

The newly revised ConsensusDocs standard subcontract ( ConsensusDocs 752 for federal work) is now available. It is designed to address recent changes in federal contracting such as requirements for certifying small business entities and new reporting of executive compensation requirements. Standards Codes and Standards'

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ConsensusDocs releases updated federal subcontract to help construction firms perform federal work

BD+C

The newly revised ConsensusDocs standard subcontract ( ConsensusDocs 752 for federal work) will make it easier for general contractors and subcontractors to perform federal work. Codes Codes and Standards'

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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. You may need to pay quarterly estimated taxes, depending on how much you make from your subcontracting work.

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2020 Guide to Construction Cost Estimating

Job Order Contracting

Based upon contract requirements, local labor costs may be sourced from published Davis Bacon Wage Rates, or published or researched local prevailing wage rates with appropriate inclusion markups for worker compensation, unemployment, liability insurance and allowance for small tools and consumables.

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PA Appellate Court Issues Strong Reminder: CASPA’s Fee-Shifting Mechanism Applies to Subcontractors, Contractors, and Owners Who Prevail in Payment Disputes

Constructlaw

Ultimately, the subcontractors suspended work and the developer terminated their subcontracts. The developer filed suit against the subcontractors seeking compensation for costs incurred to complete their work. million, consisting of amounts due for work performed that was “not reasonably inferable” from their subcontracts.

Claims 40
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Is Good Faith Required for a Termination for Convenience?

Construction Dive

The project owner has reserved the right to terminate the contract without cause and to compensate the contractor only as stipulated in the termination clause. Featured … Subcontract Termination for Convenience EnforceableDisappointed Offeror Could Not Stop Construction The owner acts at its sole discretion.

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#65:  Unjust Enrichment Recovery for Verbal Change Orders

NH Construction Law

” Some contracts are even more limiting, expressly stating that if extra work is done without a signed change order, no additional compensation can be claimed. ” Notice that Axenics did not seek compensation for an added scope of work, but for making an existing scope more expensive to perform. Section 7.2.1