article thumbnail

OpenJOC – LEAN Construction Delivery / Job Order Contracting

Job Order Contracting

OpenJOC, a term coined by Four BT, LLC, is the deployment of Job Order Contracting based upon LEAN construction delivery best management practices. OpenJOC leverages processes, standardized cost data , and technology to drive win-win relationships among all project participants and on-time, on-budget, quality construction outcomes.

Contract 100
article thumbnail

The Impact of ASC 842 – The New Lease Standard Is Here

Construction Business Owner

According to ASC 842-10-55-12, these leases “should be classified in accordance with the lease classification criteria applicable to all other leases on the basis of the legally enforceable terms and conditions of the lease.” As a result, it is imperative to consider all factors that may result in legally enforceable rights and obligations.

Leases 178
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

EPDs are New and Untested but in Short Order will Dominate

Green Building Law Update

As a threshold matter, EPDs have been a European construct in part to comply with the European Union Integrated Product Policy. The White paper is legally not correct, but who would seek legal advice from architects (even a well respected architecture firm like Perkins+Will)? There is no similar U.S.

Products 120
article thumbnail

Using Business Intelligence to Gain a Competitive Edge

Viewpoint Construction Technology

As technology and data analysis tools evolve, data science is giving construction firms the ability to see how their operations fit together and where there’s room for improvement so they can gain a more detailed understanding of their business. Business intelligence can help your construction firm rise above the competition.

Risk 178
article thumbnail

Legal Fallout Spreads from Trainor Glass Default | ENR.

ENR Construction

Construction Methods. Construction Technology. White Papers. Construction Schools. Legal Fallout Spreads from Trainor Glass Default. Construction methods & equipment. FREE — ENR’s Greatest Construction Projects with your paid subscription. Gulf Oil Spill. Building Types.

Legal 43
article thumbnail

LEED "Pledge" to Replace LEED Bond

Green Building Law Update

One of the very first green building legal conundrums may be resolved. Under the Act, as currently written, as of January 1, 2012, all new construction greater than 50,000 square feet must obtain LEED certification. Two prominent surety associations outlined these flaws in a white paper for the D.C. Government.

article thumbnail

New Pennsylvania Law Allows PPPs for Construction Projects

Best Practices Construction Law

What are some of the most important legal aspects when looking at a public private partnership? For example, the AGC of American published a White Paper on Public Private Partnerships (pdf), which gives a good overview of the history of PPPs, the legislative hurdles encountered by states, and the legal issues to consider by contractors.