Construction Business Owner

SEPTEMBER 20, 2021

How to Prepare for Unexpected Risk Exposure. Either by choice or required by contract or statute, commercial general liability (CGL), workers’ compensation, business auto and inland marine insurance (mobile equipment) are among the most common types of insurance purchased by contractors. Alex Headley. Mon, 09/20/2021 - 07:30.

Risk 356

Risk Liability Insurance Compensation 356

Construction Business Owner

AUGUST 4, 2020

How to Carefully Manage Contracts in Changing Times. Today’s construction landscape is difficult to navigate with its continually changing variables, delays, work stoppages, additional project requirements, health concerns and financial restraints. Elizabeth Manning. Tue, 08/04/2020 - 15:21.

Contract 339

Contract Management Schedule Risk 339

Construction Dive

APRIL 24, 2023

Are you doing everything you can to protect against rising material costs and supply chain risk? Let your contract be your secret weapon.

Risk 120

Risk Contract Materials Construction 120

Job Order Contracting

FEBRUARY 24, 2022

Job Order Contracting is a LEAN process and should never be used to simply speed procurement or bypass critical assurances against improper practices. Risk of Fraud. Unfortunately, many organizations within the State, County, and Municiple sectors have used job order contracting (JOC) improperly. Higher Costs.

Contract 214

Contract Procurement Organization Consulting 214

Lets Build

MAY 11, 2022

Most construction companies, project managers , and contractors will deal with preliminaries in their construction contracts. These preliminaries, also called prelims, cover costs for an entire construction project—not for specific work sections or activities. What do preliminaries in construction mean?

Contract 144

Contract Construction Site Accounting 144

Job Order Contracting

MARCH 18, 2020

There are multiple types of construction delivery methods that strive to achieve superior outcomes to traditional design-bid-build, design-build, CM@R, etc. These including alliance contracting/project alliancing, LEAN construction, integrated project delivery, LEAN job order contracting. ” – Henry Ford.

Contract 139

Contract Construction Procurement Agreement 139

Job Order Contracting

AUGUST 10, 2020

Job Order Contract Best Management Practices involve a focus upon LEAN collaborative construction planning, procurement, and project delivery processes and the associated integration of people, process, information, and people. Not all Job Order Contracts (JOC) and JOC Programs are the same.

Contract 225

Contract Management Procurement BIM 225

Construction Business Owner

JULY 23, 2015

Success on a project is often dependent upon risk management, and managing that risk starts with contract negotiation. Contractors must recognize the implications of the contract provisions and review standard forms with a critical eye.

Negotiation 120

Negotiation Risk Contract Management 120

Job Order Contracting

MARCH 28, 2024

Public procurement of construction services could be improved through the adoption of currently available best management practices. How Organizational integration and alignment of cultural, professional, management, and commercial interests is also required, both internally and with construction services providers.

Procurement 189

Procurement Construction DC AIA 189

Construction Business Owner

FEBRUARY 9, 2024

5 Critical Clauses Contractors Should Know ccapoccia Fri, 02/09/2024 - 14:31 In this second installment on the allocation of risk between general contractors and developers in construction contracts, we’ll explore five critical general contract clauses contractors should know.

Contractors 156

Contractors Contract Risk Construction 156

Job Order Contracting

MARCH 25, 2023

Embrace the next generation of Construction and Sustainable Lifecycle Facilities Management! Owners & Developers – Planners – Designers – Procurement Professionals – Builders Collaborate with internal and external teams to detail Scope of Work and validate local market construction costs.

Sustainability 215

Sustainability Management Renovating Construction 215

Best Practices Construction Law

JUNE 15, 2022

If you have Googled, “ Virginia Pay If Paid ” or “ Virginia Pay When Paid ” or “ Pay if Paid Enforceable ” or “ best construction lawyer ever “, then you likely have found your way here (that last one is mere puffery ). If you have construction projects in Virginia, then read on. You can now add Virginia to that list!

Virginia 118

Virginia Contract Lien Construction 118

Construction Law

JULY 7, 2021

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

Risk Contract Management Maine 52

Job Order Contracting

APRIL 6, 2021

Job Order Contracting doesn’t have to be complex or expensive. The numerous, ongoing facilities repair and construction project facing real property owners and facilities management professionals unfortunately have a high probability of failure. Some favor the owner, while others charge a percentage of total construction value.

Contract 150

Contract Budgeting Budget Risk 150

Construction Dive

JUNE 12, 2024

Benefits of using the tech on building projects include a competitive safety culture, risk mitigation and flagging contracts for delay provisions.

Contractors 145

Contractors Risk Safety Contract 145

Job Order Contracting

JULY 31, 2020

Proven Job Order Contracting Practices have evolved to enable the consistent delivery of quality repair, renovation, maintenance, and new construction project on-time and on-budget. Tools and services are readily available to support collaborative construction planning, procurement, and project delivery. INTRODUCTION.

Contract 158

Contract Procurement Construction BIM 158

Job Order Contracting

AUGUST 4, 2019

Build the right team, collaborate with all participants and stakeholders from day one, incorporate LEAN construction processes. The consistent delivery of quality repair, renovation, and new construction projects isn’t difficult. Shared Risk/Reward. Contracting/Procurement Rigor. Projects Delivery.

Contract 115

Contract Procurement Risk Renovating 115

Construction Dive

MAY 26, 2020

Owners will likely demand more flexibility in future construction contracts so they can easily suspend or stop projects, as well as mitigate their risk.

Contract 172

Contract DOT Risk Construction 172

Safety Services Company

DECEMBER 1, 2023

Two contractors working for a construction firm bid for projects in the same city —we’ll call them Mark and Bob. Bob has entirely surpassed Mark’s business in recent years and consistently lands contract after contract. Bob has entirely surpassed Mark’s business in recent years and consistently lands contract after contract.

Safety 110

Safety Bidding Contract Liability 110

Autodesk Construction Cloud

FEBRUARY 5, 2022

How to Manage Risk in Your Construction Project. According to The Construction Industry Institute , there are about 107 construction risks you should consider when managing a project. Regardless, a solid risk management strategy is critical to the security of your company and project.

Risk 59

Risk Management Construction Documentation 59

Job Order Contracting

FEBRUARY 9, 2022

Traditional construction procurement methods can endanger building safety, while an integrated, less adversarial approach can consistently improve safety and quality, while significantly reducing cost and delivery time. 2017, Building a Safer Future, Independent Review of Building, Regulations and Fire Safety: Interim Report. “The

Procurement 232

Procurement Safety Construction Contract 232

Construction Law

MAY 23, 2024

The biggest source of disputes relating to construction projects remains project delays, payment issues, and scope of work, according to the latest International Construction Study from CMS and YouGov. To read more of this and every other news story on this site, please log in with your Construction Law membership account details.

Risk 52

Risk Accounting Contract News 52

Construction Business Owner

DECEMBER 12, 2019

Design-build is quickly becoming the mainstay project delivery method for the United States commercial construction industry. According to the Design-Build Institute of America (DBIA), nearly half of America's construction dollars will be spent on design-build projects by 2021.

Design 266

Design United States Contract America 266

Job Order Contracting

NOVEMBER 17, 2020

Job Order Contracting 2021 is a competitively bid, firm, fixed-price, indefinite quantity contract, and integrated planning, procurement, and project delivery program for as-needed construction services. Job Order Contracts should ALWAYS be awarded upon best value, however, and not lowest costs. may also be required.

Contract 130

Contract Bidding Procurement CSI 130

Job Order Contracting

SEPTEMBER 29, 2016

Performance-based Construction Contracting. Performance Based Contract Management principles for Construction have existed for decades, and include Integrated Project Delivery and Job Order Contacting. Shared Risk/Reward. The post Performance-based Construction Contracting appeared first on 4BT.

Contract 100

Contract Life Cycle Construction Innovation 100

Job Order Contracting

AUGUST 11, 2019

OpenJOC(TM) embodies LEAN Job Order Contracting. In summary, the principles of LEAN and integrated project delivery are applied to Job Order Contracting in order to virtually assure high performance and compliance. LEAN Job Order Contracting. Shared risk/reward. The post LEAN Job Order Contracting appeared first on 4BT.

Contract 115

Contract Procurement BIM Renovating 115

Job Order Contracting

JULY 28, 2021

California Contractor Tests the Bounds of Job Order Contracting. There’s one project delivery method you may not be as familiar with though: Job Order Contracting, also known by its acronym JOC. JOC contracts are administered by public entities issuing a request for proposals. Torres Construction Corp., The Torres Case.

Contract 130

Contract Negotiation Los Angeles Estimating 130

Job Order Contracting

AUGUST 20, 2023

A credible construction cost estimate is required prior to engaging in procurement. The follow elements are common to a credible construction cost estimate. Credible Cost Estimate Core Elements #1 Objectivity – The information used and those invovled in the creation of the construction cost estimate must be objective.

Estimating 218

Estimating CSI Life Cycle Construction 218

Job Order Contracting

MAY 4, 2023

The validity of a construction cost estimate, the most important aspect, is often overlooked and resulting in billions of dollars was every year. A construction cost estimate must be independently validated. Key Principles There are key principles that should be adhered to when preparing a construction cost estimate.

Estimating 197

Estimating Construction Risk Documentation 197

Job Order Contracting

AUGUST 4, 2017

Key characteristics of actionable construction cost data for Job Order Contracting … Independent Source. Best value (not linked to total value of construction project or total value of JOC construction). If your looking for Actionable Construction Cost Data for Job Order Contracting , contact us today!

Contract 100

Contract CSI Construction Architecture 100

Job Order Contracting

AUGUST 7, 2017

LEAN Construction Job Order Contracting (INTEGRATED PROJECT DELIVERY) – RELATIONSHIP CONTRACTING. LEAN Construction Job Order Contracting offers several enhancements … Competent Owner providing leadership on-site management. Contract documents are developed. Shared Risk/Reward.

Contract 100

Contract Construction Life Cycle Procurement 100

Construction Law

JUNE 3, 2024

News Our regular news round up focusses on a disputes survey that suggests artificial intelligence will have an impact on contracts sooner than many think; a Labour Party plan that involves scrapping the IPA and the NIC; and a landmark legal victory for the government that forces a freeholder to fix serious building safety issues in a tower block.

Insurance 52

Insurance Construction Legal Drafting 52

Construction Law

FEBRUARY 1, 2024

Our insurance expert John D Wright of JD Risk Associates examines issues arising from Contracts Works Insurance policies. Not all contingencies are covered, he warns, despite policies being described as “all risks”. This story is only available to subscribers to the printed edition of Construction Law.

Insurance 40

Insurance Contract Risk Construction 40

Construction Marketing

AUGUST 3, 2022

None of this would be possible without efficient and careful construction project management planning and construction managers. Construction project management plays a vital role in ensuring that all the buildings around us are built safely and on time. What does the construction project management team do?

Project Management 236

Project Management Management Construction Feasibility 236

cnstrctr

JANUARY 4, 2020

Construction projects are a conglomeration of various parties that all need to work together. A construction contract is a tool that you can use to help outline these requirements. What exactly is a construction contract, how can it be used and what are the different types? Construction Contract Types.

Contract 88

Contract Construction Finance Documentation 88

Construction Dive

JANUARY 30, 2024

Contracts are evolving in an era of persisting supply chain problems, inflation and cyber risks, construction attorneys say.

Legal 136

Legal DOT Risk Contract 136

Job Order Contracting

FEBRUARY 26, 2024

Learning how to effciently manage dynamic project is the first step toward solving FM and construction waste. Image Source: Leyla Acaroglu ([link] The lack of system thinking across the FM and construction sector is a primary cause of rampant economic and environmental waste. A common data environment (CDE) inclusive of 1.

Management 180

Management Construction Procurement CSI 180