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Change Orders in Construction – 101 Guide

Lets Build

Change orders are common to construction projects. Whatever is the case, it is important to know how you can more effectively handle a change order as it can change your project both time and money. What is a change order in construction? What causes a change order.

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Commercial Construction Project Planning: 3 Warning Signs Your Budget Might Go Bust

HardHatChat

In a best-case scenario, a general contractor budgets a job based on thorough architectural and engineered drawings that encompass not only the client’s design intent, but also careful planning for everything from mechanical systems to cosmetic finishes. There’s a misperception in this industry that general contractors love change orders.

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What Is a Change Order?

Autodesk Construction Cloud

What Is a Construction Change Order? According to some estimates, an average of 35% of projects experience at least one major change throughout the life of the project. As a contractor, change orders can leave you feeling like you’re trapped between a rock and a hard place. Key Takeaways.

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The Construction Office Imperative: Digitize, Go Paperless and Mobile

Carol Hagen

If your construction accounting system doesn’t have at minimum a drag n drop feature for documents and emails, it’s time to look for an integrated, comprehensive replacement solution. Correspondence, contracts and RFIs, change orders, and drawings are frequently emailed.

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Commercial Construction Delivery Methods: 3 Times To Go With A Negotiated Bid

HardHatChat

Working on a negotiated basis for the initial build-out puts the GC in the best position to work out any kinks in the prototype plans that become evident once construction starts, without it resulting in a costly change order. Project Plans Are Not Fully Finalized.

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Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. Accounting & Finance. Greg is a Principal at Mountjoy, Chilton, Medley LLP , a CPA firm with a team of accountants dedicated to construction accounting. Meet with them before every project to discuss not only the contractual provisions for scope of work and change orders, but also what you bid and why.

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How The Cloud Is Enabling Smarter Project Management—Part 4 of 5

Viewpoint Construction Technology

Or as one contractor recently put it, “I reviewed draw requests from 35,000 feet in the air on WiFi on a flight to China over Siberia.” Accuracy, especially with the data used to generate WIP reports, true job costing projections, change order status and the like, is key to projects’ ultimate success.