Construction Business Owner

AUGUST 4, 2020

How to Carefully Manage Contracts in Changing Times. With all this evolving chaos and additional risk, you must take a hard look at how you manage your contracts in these changing times. Elizabeth Manning. Tue, 08/04/2020 - 15:21.

Contract 339

Contract Management Schedule Risk 339

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 212

Contract Procurement Organization Consulting 212

Pro Builder

NOVEMBER 10, 2022

Using Contract Skilled Labor Can Reduce Workers’ Compensation Risk—Here’s How. Using a staffing company can help employers lower workers' compensation risk while still meeting project workload demands and customer deadlines. Thu, 11/10/2022 - 10:44.

Compensation 98

Compensation Risk Contract Injury 98

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 96

Risk Contract Materials Construction 96

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

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

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 224

Contract Management Procurement BIM 224

Job Order Contracting

FEBRUARY 2, 2021

The 4BT JOC Solution was developed to address the many unforeseen risks and unanticipated costs associated with traditional JOC offerings. The post 4BT JOC Solution – Best Value JOB ORDER CONTRACTING appeared first on 4BT. Agility, adaptability, and customer centricity are fully supported by the 4BT JOC Solution.

Contract 198

Contract Organization Risk Environment 198

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

APRIL 6, 2021

Job Order Contracting doesn’t have to be complex or expensive. Construction Management at Risk (CM at Risk) and other methods have done little to improve the situation. Collaborative, Open, and Best Value Job Order Contracting. 80%-90% are late, over-budget, or basically a train wreck for one or more participants.

Contract 150

Contract Budgeting Budget Risk 150

Safety Services Company

DECEMBER 1, 2023

Bob has entirely surpassed Mark’s business in recent years and consistently lands contract after contract. In this blog, we’ll explore precisely how safety and compliance and its management can help you win contracts. Naturally, companies are likely to pursue bids from contractors who are at a lower risk.

Safety 110

Safety Bidding Contract Liability 110

Job Order Contracting

AUGUST 4, 2019

Shared Risk/Reward. Appropriate risk assessment can only occur if risk/reward is shard by all participants. Sharing risk/reward, by default, increases information sharing and risk visibility. Contracting/Procurement Rigor. Sample LEAN Job Order Contracting Workflow.

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 170

Contract DOT Risk Construction 170

Lets Build

MAY 11, 2022

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. A general allowance for risk.

Contract 144

Contract Construction Site Accounting 144

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

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. LEAN Job Order Contracting.

Contract 130

Contract Bidding Procurement CSI 130

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

Best Practices Construction Law

JUNE 15, 2022

Let’s cut to the chase—Virginia has joined 11 other states that have expressly prohibited “pay if paid” clauses in construction contracts. shifting the risk of nonpayment … “Payment from the Owner to the Contractor is a condition precedent to payment from the Contractor to the Subcontractor.”). What does the Virginia law say?

Virginia 118

Virginia Contract Lien Construction 118

Job Order Contracting

MARCH 18, 2020

These including alliance contracting/project alliancing, LEAN construction, integrated project delivery, LEAN job order contracting. While all are “relational contracting and/or relational project delivery methods” they can vary in terms of level of development, available tools, and actual work scope.

Contract 138

Contract Construction Procurement Agreement 138

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. Think periodic maintenance of facilities.

Contract 130

Contract Negotiation Los Angeles Estimating 130

Job Order Contracting

JULY 26, 2019

Job Order Contracting BASICS. Contracts may be renewable via option years, for up to four additional years based upon applicable laws/regulations. The total value of all jobs performed in a one-year contract term shall not exceed the maximum threshold amount. Job Order Contracting Basics. Job Order Contacting.

Contract 116

Contract CSI Regulation Renovating 116

Construction Business Owner

DECEMBER 12, 2019

As described by the Construction Industry Institute, this is because design-build projects are delivered faster, and at lower cost, than either design-bid-build or construction management at-risk projects.

Design 266

Design United States Contract America 266

Construction Business Owner

NOVEMBER 11, 2014

The top and bottom of the contracting chain have been in a tug-of-war over who controls payment logistics and financial risk on a construction project for more than 200 years.'

Risk 166

Risk Contract Construction 166

Construction Business Owner

MARCH 29, 2013

Even when everything seems to be in place, it is hard to anticipate problems that may arise with contracts in the construction industry. This problem is amplified when it comes to contracts’ laguage regarding change-order management. How can our construction company minimize risk associated with contracts and change management?

Risk 179

Risk Change Orders Contract Management 179

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. Proven Job Order Contracting Practices drive improved construction outcomes. INTRODUCTION. INTEGRATED PLANNING, PROCUREMENT, AND PROJECT DELIVERY.

Contract 158

Contract Procurement Construction BIM 158

Job Order Contracting

FEBRUARY 28, 2019

The History of Job Order Contracting. Air Force refined the process (and called is SABER) that Job Order Contracting began to resemble the LEAN construction services procurement and delivery method it has become today. OpenJOC(TM) LEAN Job Order Contracting Toolkit. Learn more? Contact us?

Contract 100

Contract Procurement Renovating Budgeting 100

Construction Business Owner

MARCH 29, 2013

Even when everything seems to be in place, it is hard to anticipate problems that may arise with contracts in the construction industry. This problem is amplified when it comes to contracts’ laguage regarding change-order management. How can our construction company minimize risk associated with contracts and change management?

Risk 166

Risk Change Orders Contract Management 166

Green Building Law Update

MAY 7, 2017

Last week the American Institute of Architects released the 2017 edition of the A201 family of contract documents, including updated versions of the AIA’s documents developed for the design-bid-build delivery model. The previous version of the design-bid-build contract documents included a Sustainable Project version.

Documentation 168

Documentation AIA Sustainability Contract 168

The Constructor

MAY 3, 2021

Employees who work outdoors face a more significant risk of contracting injury or illnesses than their co-workers who work indoors. Be it the summer.

Injury 282

Injury Safety Risk Contract 282

Construction Dive

JANUARY 30, 2024

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

Legal 128

Legal DOT Risk Contract 128

Job Order Contracting

OCTOBER 4, 2018

It’s important to understand that Job Order Order Contracting,JOC, is not simply a procurement method. Job Order Contracting, when properly understood and deployed, is a LEAN construction delivery method that minimizes waste and improves overall construction outcomes.

Contract 100

Contract Architecture Organization Procurement 100

Levelset

AUGUST 24, 2022

Construction businesses need many different types of insurance to mitigate the risks associated with building projects. Two of the most common insurance policies that contractors have are builder’s risk and general liability, which serve very different purposes. What is builder’s risk insurance?

Liability 52

Liability Risk Insurance Contractors 52

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. Before you start panicking about the 90 plus risks on the list you’re probably not completely aware of at this moment, let’s take a step back.

Risk 59

Risk Management Construction Documentation 59

Construction Business Owner

OCTOBER 7, 2020

Contract surety bonds provide essential protection for key parties involved in a construction project. Despite this, many projects are not bonded—potentially creating significant risks for project owners, subcontractors and suppliers. Elizabeth Manning. Wed, 10/07/2020 - 09:40.

Security 358

Security Risk Contract Construction 358

Job Order Contracting

MAY 14, 2018

The Benefits of LEAN Job Order Contracting. Risk & Opportunity Management. The LEAN Approach to Job Order Contracting. LEAN Job Order Contracting brings a common collaborative and fully transparent framework to all JOC Programs and Projects. The keys to LEAN Job Order Contracting are… The emphasis on leadership.

Contract 100

Contract Renovating Change Orders Organization 100

Job Order Contracting

MARCH 1, 2017

JOB ORDER CONTRACTING Cooperatives play an important role for real property owners, facilities manager, and contractors. Here are some tips for contractors considering working with JOB ORDER CONTRACTING Cooperatives or considering changes in within specific programs. JOB ORDER CONTRACTING-NCPA. Shared risk/reward.

Contract 100

Contract Legal United States Documentation 100