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Texas ‘Retainage’ vs. ‘Reserved Funds’: What’s the Difference & Why it Matters

Levelset

Retainage : It’s been a hot button topic in the construction industry for years. Given the slim profit margins on construction projects, retainage practices can be incredibly frustrating for contractors. Texas lien law: ‘Retainage’ or ‘reserved funds’? Lien for unpaid retainage.

Texas 52
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Code promotionnel Aviateur Fracasse

Cassell Construction Estimating

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How to Get Paid on Washington State Public Projects

Levelset

The federal government is allocating over a trillion dollars in funding for public infrastructure construction projects over the course of the next decade — and a whole lot of that funding is going to go directly to individual states. Download a Washington State Notice to Contractor form. Washington State retainage laws.

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Procore Blog: Discovering “The latest construction news and knowledge”

Construction Marketing Ideas

I have rarely read a construction blog post with as much power and impact as this recent Procore Blog post: Inside theRisks of Construction Drawings: The Case of the Hourglass , by Bridget Johnson. The general contractor and the architect approved the shop drawings, so the fabricators built the girders. It gets worse.

ProCore 48
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A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

Standardizing the presentation of renovation, repair, maintenance, and new construction tasks and costs improves communication and collaboration among all parties, as well as helps to assure financial transparency/. Facility Construction Subgroup: Divisions 02 – 19. Preliminary Construction Schedule. There are 49 Divisions.

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A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

Standardizing the presentation of renovation, repair, maintenance, and new construction tasks and costs improves communication and collaboration among all parties, as well as helps to assure financial transparency. . Facility Construction Subgroup: Divisions 02 – 19. Preliminary Construction Schedule. There are 49 Divisions.

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Job Order Contracting – Best Practices Implementation

Building Information Management

Job Order Contracting enables a pre-qualified contractor(s) to perform repair, renovation, or minor construction of a facility or other form of built structure based on pre-described and pre-priced tasks as defined within a Unit Price Book – UPB. Asbestos and similar abatement may also be included if part of an overall project.