Construction Business Owner

JUNE 29, 2015

Twenty years ago, most contractors had a group of repeat customers, and price was not always the determining factor in the majority of projects awarded. Now, most general contracts and subcontracts are awarded based solely on the lowest price for the exact scope of work and terms specified for a project.

Subcontracting 120

Subcontracting Bidding Contract Contractors 120

Construction Cost Estimating

JULY 22, 2014

Many times, the contractor has to face problem for relying on the subcontractor’s low bid as after being awarded the prime contract to the contractor, the subcontractor refuses to work at the price originally bid. So it is important for a contractor to assess properly whether he/she can hold a subcontractor to its bid.

Bidding 45

Bidding Contractors Estimating Subcontracting 45

Construction Enquirer

MAY 17, 2023

HS2 is planning a meet the main contractor bidders day ahead of the next tranche of subcontract work tenders to progress civil engineering works and station fit-outs. The ‘Meet the Contractor’ event is designed to help businesses understand how to get ‘HS2-ready’ so they are in the best possible position to bid for upcoming work.

Subcontracting 98

Subcontracting Roads Maine Innovation 98

Job Order Contracting

JANUARY 5, 2019

Initial basic intent was to speed procurement via the pre-selection of a pool of pre-qualified contractors, however, in may cases has evolved into an elimination of checks and bases associated with traditional procurement methods. No ability to subcontract—limited to trade specified in the contract. T and M Disadvantages.

Contract 100

Contract Construction Bidding Subcontracting 100

NH Construction Law

DECEMBER 19, 2021

When a contractor abandons or is terminated from a construction project before substantial completion, one of the first tasks for the owner/developer (or for the contractor’s performance bond surety if such a bond exists) is to locate and hire a completion contractor.

Contractors 40

Contractors Liability Bidding Contract 40

Autodesk Construction Cloud

NOVEMBER 15, 2021

Owners pass on certain risks (contractually) to general contractors, who may do the same thing when hiring specialty contractors. She recalls her experience speaking with a fellow attorney who had to go through a 129-page subcontract that could have been cut down to ten pages. “It’s Let’s meet in the middle.

Contract 52

Contract Contractors Negotiation Subcontracting 52

Construction Cost Estimating

OCTOBER 30, 2014

The Construction Estimator and Bidding mobile app is designed for contractors , service companies, salespeople and estimators to quickly create on-site estimates for construction and repair projects. The app allows to quantify material , labor, subcontract and other costs needed to complete a construction project.

Estimating 45

Estimating Mobility Bidding Subcontracting 45

Levelset

APRIL 28, 2022

In recent years, inflation, supply chain issues, and labor shortages have only increased the likelihood of project delays, performance issues, and contractor default. While general contractors commonly use performance bonds to reduce the risk of default, a bond ultimately protects the property owner, not the GC.

Insurance 52

Insurance Contractors Claims ABC 52

Pro Builder

JULY 20, 2021

The Best Way for Trade Contractors to Stay Out of the Courtroom. The best way for specialty trade contractors to stay out of the courtroom is to manage their clients’ expectations. Contract Essentials for Building Trade Contractors. Trade Contractors. Tue, 07/20/2021 - 07:00. Karalynn Cromeens. Labor Woes? Project Scope.

Contractors 98

Contractors Contract Legal Change Orders 98

Construction Dive

AUGUST 11, 2016

By Bruce Jervis When a contractor is preparing to submit a binding bid on a contract, the contractor is necessarily reliant on the price quotations it receives from prospective subcontractors and suppliers. It is impossible to price a bid without incorporating the cost of parties furnishing labor and materials to the project.

Subcontracting 48

Subcontracting Bidding Claims Contractors 48

Construction Dive

JANUARY 9, 2014

By Bruce Jervis A prime contractor’s relationship with the project owner obviously differs from the contractor’s relationship with a subcontractor. Yes, contractors occasionally speak out of both sides of their mouths. At the same time, the contractor told its subcontractor the delay was not excusable.

Contractors 53

Contractors Subcontracting New York Claims 53

Construction Cost Estimating

FEBRUARY 3, 2016

Sage North America, a trusted name in providing solution with various business management software and services for small and medium businesses, just introduced Sage Construction Project Center and Sage Bid Management. The information for Bid package and updates are to all subcontractors instantly.

Sage 40

Sage Bidding Management Las Vegas 40

Construction Cost Estimating

APRIL 3, 2015

It is found that over 35,000 estimators as well as 111 companies on the ENR Top 400 contractors list utilize HeavyBid in their projects. HeavyBid supports your current accounting system to easily send your bid correctly to accounting for making budget. HeavyBid supports all the iPad and tablet devices.

Estimating 40

Estimating Bidding Subcontracting Construction 40

Help Everybody Everyday

NOVEMBER 1, 2018

General Contractor. Trade Or Specialty Contractor. When a general contractor is hired to build a project, they typically “hold the contracts.” But they’ll also have contracts with trade or specialty contractors who are building specific pieces of the project (like the electrical work, for example).

Industrial 149

Industrial Construction Bidding Renovating 149

Best Practices Construction Law

JULY 24, 2012

Contractor licensing is a specialized area of construction law that can have significant consequences to the parties involved. For highway and bridge contractors in Tennessee, you should be aware of the following provisions: Contractor License Requirement. Business License Requirements.

Contractors 48

Contractors Bidding Tennessee Liability 48

NH Construction Law

FEBRUARY 27, 2021

A recent New Hampshire Superior Court case applied the covenant to restrict a contractor’s right to terminate a subcontractor “for convenience” – the ultimate exercise of discretion – before the subcontractor even starts work, simply in order to try to obtain a better price. Ambrose Development, LLC , No.

Contract 40

Contract Subcontracting Deals Bidding 40

Construction Cost Estimating

JUNE 21, 2010

A competitive bidding process, the most prevalent procurement method, used to control construction costs for owners. Now-a-days projects are very complex, and the best possible quote is treated as a compelling criterion for selection of a contractor. The contract will be handed over to the contractor who will submit the lowest price.

Bidding 40

Bidding Estimating Construction Documentation 40

Autodesk Construction Cloud

MAY 23, 2022

With rising material costs and razor-thin margins, construction professionals must ensure that project costs and materials are precisely estimated so they can make accurate projections and optimize their bids. . This factors in your other costs as well as your markup to come up with a final estimate and bid. .

Estimating 105

Estimating Autodesk Documentation Bidding 105

Construction Dive

MAY 21, 2014

By Bruce Jervis Unimpeded physical access to the site is essential for a contractor’s efficient performance of the work. They are provided to the contractor for information only. The contractor is responsible for independently determining and assessing the adequacy of site access.

Site 52

Site Subcontracting Bidding Procurement 52

Construction Marketing

AUGUST 30, 2019

Now, though, the companies have fully integrated the lead generation software with other products supply chain participants would want during the preconstruction process, such as estimating and takeoff software, customer relationship management software, and bid management software. Category, such as commercial, industrial, etc.

Comparison 124

Comparison Construction Software Software 124

Contractor Bookkeeping

JANUARY 13, 2014

Lately a lot of contractors like you are discovering the need to get better financial and job costing reporting from their accounting software in order to stay competitive and know in advance which jobs to bid on that have a history of making your construction company a reasonable profit and which ones to ignore. Questions to ask.

Contractors 61

Contractors Accounting Project Management Profitability 61

HardHatChat

JANUARY 19, 2010

The same can be said of the relationship between commercial general contractor and subcontractor. Because without skilled subcontractors a commercial construction general contractor is just a guy in an office. Without the best bid, we can’t win the project. And without the best service, the bid is meaningless.

Commercial 192

Commercial Bidding Construction Retail 192

Construction Dive

JANUARY 9, 2013

A payment clause in a subcontract stated that payment by the project owner to the prime contractor was a “condition precedent” to the contractor’s obligation to pay the subcontractor. Subcontract payment clauses containing this term have generally been enforced against subcontractors.

Contract 48

Contract Subcontracting Legal Ohio 48

Constructonomics

DECEMBER 11, 2009

I attended a mandatory pre-bid meeting for a new elementary school in the Kennett Square School District. The project is broken down into 10 subcontracts. The partnering contractor must have the following qualifications: -5 years experience in public school construction. -2 The project bids on January 5, 2009.

Subcontracting 100

Subcontracting Bidding Contract Profitability 100

Construction Cost Estimating

NOVEMBER 6, 2011

Construction Estimating Tool for General Contractors. General Contractors know the key to profitability is having accurate estimates for everything from electrical to concrete work. General Contractors are benefited with reduced costs while hiring or employing a full time Surveyor or Estimator. Monday, November 7, 2011.

Estimating 53

Estimating Contractors Software Software 53

NH Construction Law

APRIL 29, 2021

In the “cost-plus-a-fee” or “time and materials” mode of contracting, materials price increases are generally passed on to the owner – but even here, guaranteed maximum price (GMP) provisions often cap the contractor’s ability to pass on price increases to the owner.

Deals 40

Deals Contract Negotiation Materials 40

NH Construction Law

APRIL 26, 2020

When contracts and subcontracts are negotiated, it is common for written drafts and redrafts to circulate between the parties, sometimes with a letter of intent to enter into a contract thrown into the mix, and sometimes with competing forms being used – a proposal or bid on one side, an expansive formal contract on the other.

Contract 40

Contract Agreement Subcontracting Wisconsin 40

Construction Dive

DECEMBER 24, 2013

The statute in question calls for an unpaid subcontractor on a public works project to submit a notice of payment bond claim to the bonded prime contractor and the surety at the addresses listed on the bond. Additionally, the contractor had actual timely notice of the claim because the surety had consulted the contractor in the matter.

Claims 48

Claims Subcontracting Minnesota Bidding 48

Construction Dive

OCTOBER 21, 2012

Associate Director Thomas Peters offered their advice on subcontractor delay claims to a target audience of subcontractors, contractors, public and private owners, construction managers, consultants, architects, engineers, and construction law attorneys. ” Read more. ” Read more.

Claims 48

Claims Subcontracting Bidding Negotiation 48

Job Order Contracting

FEBRUARY 20, 2018

The following template is provide for sample purposes only and should not be used a legally bidding document without through review and modification by appropriate Owner legal counsel. It is also expected that during certain time of the year project loads may be significantly higher and contractor staffing should reflect these needs.

Contract 100

Contract Organization Change Orders Overhead 100

Building Information Management

MAY 20, 2015

By Massachusetts Contractors on May 19, 2015 – [link]. Estimation is an important aspect of the bidding process. We’re having lots of great discussions between our office (base CE) and our 2 SABER contractors. One of your most popular tools for contractors is the e4Clicks. Contact Us.

Estimating 40

Estimating Massachusetts Contractors Life Cycle 40

Construction Cost Estimating

MAY 23, 2012

Small home builders and contractors can improve their estimating process with Job Simplicity, a product suite from HomeFront Software. Small home builders and contractors can improve their estimating process with Job Simplicity, a product suite from HomeFront Software. Estimating tools for unit take ‐ off and bid management.

Estimating 55

Estimating Software Software Sage 55

Contractor Bookkeeping

FEBRUARY 14, 2014

A lot of contractors would like to subcontract out their bookkeeping services and the two main reasons they don''t is fear of losing control and cost. Click the button below to get right to the Frequently Asked Questions About Outsourced Contractors Bookkeeping Services. Contractors Bookkeeping Services Questions.

FAQ 49

FAQ Contractors Accounting Security 49

Construction Cost Estimating

NOVEMBER 25, 2014

The documents and forms resemble the AIA (American Institute of Architects) and AGC (Associated General Contractors) formats, saving valuable time as they can be customized to suit specific needs while maintaining the standard verbage.

Lien 45

Lien Change Orders Construction Estimating 45

HardHatChat

JUNE 21, 2012

So keep in mind, the best general contractors may not always give you the numbers you want to hear, but they are the numbers you need to hear to make sure you are building the best retail development in the best location. Should You Hire A Commercial General Contractor Who Works For a Competing Brand? Construction Bids.

Retail 216

Retail Commercial Chicago Leases 216

Building Information Management

OCTOBER 23, 2013

Contractors bid a coefficient, which is applied to the UPB to arrive at contractual prices. For instance, if a contractor’s bid is.97, This provides a clear pricing structure based on a complete, installed unit of work, which prevents padding with extra hours or expenses and rewards the most efficient contractors.

Contract 45

Contract Procurement United States Subcontracting 45

Job Order Contracting

OCTOBER 25, 2017

A market of local contractors to assure a pool of qualified and interested companies is another important task. The process of soliciting/marketing, contractor selection, and award of a Job Order Contract involves technical and business strategies. Will the JOC involve one or multiple contractors/awardees. Multiple Awards.

Contract 100

Contract Contractors Conference Plans 100