Fieldwire

AUGUST 14, 2023

Construction is one of the hardest industries to manage cash flow in, with contractors often facing large up-front costs and frequent, long delays between expenses and payment. The industry’s retainage practices throw another wrinkle into the process. Retainage is up for negotiation Retainage is not set in stone.

Contractors 98

Contractors Cash Flow Lien Negotiation 98

Business Facilities

OCTOBER 24, 2017

Companies are asking themselves in the wake of these catastrophic and costly storms, are we adequately evaluating the risk of natural disasters when deciding where to locate new facilities? And localized disruptions can impact the functionality of entire industries. Hurricane Risk. Earthquake Risk.

Risk 42

Risk Site Puerto Rico California 42

Autodesk Construction Cloud

JULY 13, 2023

This quote primarily relates to personal finance, but his advice also rings true in the construction industry. Recognize that risks are part of the territory Reducing risk starts by recognizing it. We typically become more accepting of risk. Risk mitigation is very important.

Profitability 52

Profitability Risk Construction Autodesk 52

Constructlaw

DECEMBER 7, 2020

Mealey’s International Arbitration Report recently asked industry experts and leaders for their thoughts on what events had an impact on global economy that have led to an increase in filings. Halprin: At the risk of stating the obvious, the pan­demic has had a tremendous impact on filings. [Editor’s Note: Copyright # 2020, LexisNexis.

Claims 40

Claims Insurance Bankruptcy Legal 40

Construction Law Monitor

AUGUST 9, 2011

Liberty Mutual Insurance Company (“Sloan”), the US Court of Appeals for the Third Circuit has an in depth discussion regarding some technical yet very important clauses found within many construction contracts between general contractor, subcontractors, owner and the surety. In a recent decision, Sloan & Company v.

Agreement 57

Agreement Contract Insurance Construction 57

CivilJungle

DECEMBER 21, 2021

Information of Construction Risk Management. Construction risk management is a long steep process, in which we have to calculate the all-possible risk and determine the process by which we can reduce this type of risk. Where we identify, analyze the risks and work over them. What Is Construction Risk Management ?

Risk 52

Risk Management Contractors Construction 52

FDR Safety

JANUARY 21, 2015

Because of the diversity of views and the divergent interests of all the stakeholders affected by the commercial truck and bus industries, including carriers, safety groups, insurers, police, etc., the USDOT has announced that it intends to undertake a negotiated rule-making or “RegNeg.”.

Safety 120

Safety Roads Drafting Defense 120

Construction Cost Estimating

MAY 12, 2015

Recognize possible risk and opportunities and elevate these as correct. Familiar with the several contract forms generally applied in the construction industry. Knowledge for providing and acquiring Insurance, Bonds and Warranties. Excellent negotiation skills with both internal and external customers.

Cash Flow 40

Cash Flow Commercial Contract BIM 40

Construction Law Monitor

APRIL 15, 2015

Due to this misinformation, many contractors either avoid projects requiring bonds, thus missing great work opportunities; or sometimes even operate without them, which jeopardizes their legal standing and puts their whole company at risk. Currently, the company that provided bonding to Truland, XL Specialty Insurance Co.,

Insurance 40

Insurance Bankruptcy Contract Claims 40

Construction Law Monitor

JULY 12, 2011

For contractors there are links to leading industry bulletins, the very helpful “Contractors Guide to Licensing” which after taking a look is very informative for all contractors, big or small, in educating them on the licensing process. As always seek the advice of legal counsel when contemplating licensing, contracting, and negotiating.

Contractors 54

Contractors California Legal Resource 54

Contractor Bookkeeping

JUNE 20, 2014

Insurance - Is critical to your construction company. General Liability and Auto/rental equipment insurance can help protect you and your company against claims for personal injury and property damage, and may provide you with legal defense of those claims. This organization is good for all construction and related industries.

Insurance 48

Insurance Construction Accounting Claims 48

Contractor Bookkeeping

JUNE 15, 2012

Insurance - Is critical to your construction company. General Liability and Auto/rental equipment insurance can help protect you and your company against claims for personal injury and property damage, and may provide you with legal defense of those claims. This organization is good for all construction and related industries.

Contractors 48

Contractors Insurance Claims Lien 48

Construction Law Monitor

APRIL 15, 2015

Due to this misinformation, many contractors either avoid projects requiring bonds, thus missing great work opportunities; or sometimes even operate without them, which jeopardizes their legal standing and puts their whole company at risk. Currently, the company that provided bonding to Truland, XL Specialty Insurance Co.,

Insurance 40

Insurance Bankruptcy Contract Contractors 40

Contractor Bookkeeping

JANUARY 2, 2015

Insurance - Is critical to your construction company. General Liability and Auto/rental equipment insurance can help protect you and your company against claims for personal injury and property damage, and may provide you with legal defense of those claims. This organization is good for all construction and related industries.

Construction 48

Construction Insurance Accounting Claims 48

Construction Law Monitor

NOVEMBER 2, 2011

Here both parties need to negotiate terms to better protect when a dispute arises. AIA – American Institute of Architects is the most common standard form contracts in the construction industry. Very important risk-shifiting devices – can determine a win or loss regarding a claim. Prime/Subcontractors Contracts.

Contract 56

Contract Change Orders Lien Contractors 56

Autodesk Construction Cloud

SEPTEMBER 1, 2022

The construction industry uses different kinds of agreements depending on the project’s scope, delivery, schedule, budget, and the parties involved. They also include overhead costs such as insurance, mileage, a portion of your office rent. There’s seemingly no risk of losing money on materials. If only it were that simple.

Contract 98

Contract Maine Construction Agreement 98

Construction Cost Estimating

JULY 1, 2014

Bill of quantities (BOQ) - a document used in tendering in the construction industry in which materials, parts, and labor (and their costs) are itemized. These uncertainties are risks to the project. Labor burden is the cost of payroll taxes and insurances (such as Workers'' compensation) which the employer must pay to employ workers.

Estimating 45

Estimating Construction Products Overhead 45

Construction Lawyer

APRIL 3, 2012

In other words, you use the stuff we post here at your own risk.  Following VETS submission of the Initial Claim, VETS and LaSalle jointly negotiated with the U.S. Although we believe the information is accurate, we do not warrant the accuracy of this information and we do not intend that you rely on this information. Categories.

Claims 40

Claims Agreement Illinois Subcontracting 40

Buisness Facilities Contributed Content

APRIL 8, 2013

Main Street Disaster Relief: This program provides guarantees of up to $500,000 for commercial lines of credit to businesses that need access to cash to improve their damaged property while awaiting insurance proceeds. Loans of higher amounts may be offered to eligible businesses that are at risk of closure or significant employment loss.

New Jersey 60

New Jersey NJ New York Banking 60

Buisness Facilities Contributed Content

APRIL 18, 2013

Each year, Business Facilities selects the organizations that have established and consistently executed the best practices in our industry, bringing measurable success in targeted economic development to the locations they represent. Highlights include the largest industrial spec development lease in the last five years in Broward County.

El Paso 106

El Paso Indianapolis Zoning New Jersey 106

Buisness Facilities Contributed Content

APRIL 15, 2014

Alabama Infrastructure Grant Program: Funds are available to public entities for extension of water, sewer and road facilities to service new or expanding industries. Alabama Industrial Access Road & Bridge Program: Provides financial assistance to communities for industrial access to new and expanding industries.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Industries that qualify for the CAPCO program may include manufacturing, processing, or assembling products; conducting research and development; or providing services.

Income 75

Income Finance Zoning Equipment 75

Building Information Management

JULY 27, 2016

design/negotiate/build). design/negotiate/build). 00 52 16 Agreement Form – Cost-Plus (design/bid/build or design/negotiate/build). 00 52 17 Subcontract Form – Cost-Plus (design/bid/build or design/negotiate/build). 00 52 33 Agreement Form – Construction Manager at Risk – Stipulated Sum.

Equipment 45

Equipment Construction Schedule Concrete 45

Building Information Management

JULY 27, 2016

design/negotiate/build). design/negotiate/build). 00 52 16 Agreement Form – Cost-Plus (design/bid/build or design/negotiate/build). 00 52 17 Subcontract Form – Cost-Plus (design/bid/build or design/negotiate/build). 00 52 33 Agreement Form – Construction Manager at Risk – Stipulated Sum.

Equipment 40

Equipment Construction Schedule Concrete 40