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12 Pitfalls New Contractors Should Avoid

Construction Business Owner

12 Pitfalls New Contractors Should Avoid. New contractors face big challenges - is your new business built for success? New contractors, like all contractors, face challenges around workload: cash flow, staffing and contracts. Here are 12 common pitfalls contractors face when starting out. . contractors.

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Army Job Order Contracts FAIL to meet AFARS requirements MOST OF THE TIME

Job Order Contracting

Army Job Order Contracts fail to meet critical AFARS requirements most of the time. The J OCPB (JOC Price Book: reflects the current local costs in detail for construction tasks expected to be performed in the geographical area of the base contract with the primary use of developing a detailed line-item price.

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What are Preliminaries in Construction Contracts?

Lets Build

Most construction companies, project managers , and contractors will deal with preliminaries in their construction contracts. We’ll define preliminaries in construction, discuss what prelims are, and gain an understanding of what preliminary costs are included in a construction contract. Planning and design costs.

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Multiplex and Murphy top June contracts league

Construction Enquirer

Multiplex and Murphy shared the honours in the contracts league rankings for orders taken in June after both firms bagged a project estimated to be worth £200m. Murphy took the contract to build a £200m station in south Cambridge for the East-West Rail line.

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McLaren tops July contracts league after tower win

Construction Enquirer

McLaren Construction took top ranking in the contract league table for value of orders won during July. It rose to pole position largely on the strength of securing developer Landsec’s refurbishment and extension of London’s 1960s Portland House office tower block in Victoria. Work set to be completed by early 2025.

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HE Simm lands £16m MEP package on Vinci Blackpool office

Construction Enquirer

HE Simm Group, has won a £16m contract to deliver the full MEP installation on a new £100m office building in Blackpool. VINCI is main contractor on the building which forms part of the £350m Talbot Gateway regeneration scheme that is transforming the town centre.

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Common Types of Construction Contracts And Their Use

cnstrctr

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? A construction contract is a document that outlines the roles and responsibilities between two or more parties on a project. Lump Sum Contracts.