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Digital Builder Podcast Ep 22: How Specialty Contractors Can Navigate Contracts & Get Paid On Time

Autodesk Construction Cloud

Karalynn also brought up the tendency of the industry to pass liability down the chain when drawing up contracts. Owners pass on certain risks (contractually) to general contractors, who may do the same thing when hiring specialty contractors. The shifting of risk and liabilities is a very common practice when drafting contracts.

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Accounting for Retention Receivable & Payable: A Contractor’s Guide

Levelset

The rate of retention is stipulated in the construction contract and can often be negotiated. Both retention accounts are shown as current assets and current liabilities, respectively. Plus, not recording retention payable leads to the understating of a company’s liabilities. Fariba Mehdian. View profile.

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constructionattorneyblog: Risks in LEED design

Construction Lawyer

Sabo & Zahn LLC is an Illinois Limited Liability Company. In other words, you use the stuff we post here at your own risk. Risks in LEED design. There is an interesting discussion of some issues and risks to design professionals involving LEED projects at [link]. Unlimited liability for designers and contractors.

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Common Law Analysis – Pay-if-paid, Pay-when-paid & Liquidating Agreements in Construction Contracts

Construction Law Monitor

A liquidating agreement clause can act like a lien, in that it gives causes of action to the subcontractor against the owner where there is no privy of contract. Always consult with an attorney before negotiating contracts in the construction industry no matter how large or small the project. Click here for Daniel S. Sloan pg 17.

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Unique Tips To Reduce Construction Company Start Up Stress

Contractor Bookkeeping

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. With labor Pools they take care of all of that and you pay a fixed cost per hour or whatever you negotiate with the service.

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New Contractor Business Start Up

Contractor Bookkeeping

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. With labor Pools they take care of all of that and you pay a fixed cost per hour or whatever you negotiate with the service.

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We Reduce Construction Company Start Up Stress

Contractor Bookkeeping

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. With labor Pools they take care of all of that and you pay a fixed cost per hour or whatever you negotiate with the service.