Remove Change Orders Remove Lien Remove Negotiation
article thumbnail

Commercial Construction Best Practices: Debunking Construction Change Order Myths

HardHatChat

Commercial construction change order myths. If I had a dollar for every time I had to set the record straight on commercial construction costs and change orders… I would still have this job. There’s a misconception that general construction contractors love change orders. But, I would also be a lot richer.

article thumbnail

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

Autodesk Construction Cloud

Best practices for handling change orders. For this reason, construction professionals must find better ways to craft and negotiate agreements. Karalynn also emphasizes the importance of negotiating who takes on certain risks and liabilities. We discuss: The current state of construction contracts.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Litigation Topics for Prime / Subcontractor Contracts

Construction Law Monitor

Here both parties need to negotiate terms to better protect when a dispute arises. There are a number of provisions which could be contained in a prime/subcontractor contract that need to raise a red flag when present and should be negotiated by either party so as to keep the contract from becoming one-sided. Lien Waivers.

article thumbnail

Get An Attorney To Read Your Construction Contract – Every Time

Construction Law Monitor

General contractors and owners will negotiate a contract with you, and they expect push back on certain terms. Should You Sign That Lien Waiver? Do Your Mechanics Lien Rights Make Pay When Paid Clauses Irrelevant? Construction Contracts: Top 10 Terms: Changes (Change Orders). Related articles.

article thumbnail

The Real Lemon in the Bunch: Understanding Pay-If-Paid Clauses in Construction Contracts

Best Practices Construction Law

The subcontract between the general contractor and the concrete subcontractor contained the following clause: “The obligation of contractor to make payment under this agreement, whether a progress or final payment, or for extra or change orders or delays to the work, is subject to the express condition precedent of payment from the owner. ”.

article thumbnail

New Contractor Business Start Up

Contractor Bookkeeping

Your contracts need a well-defined scope of work, clear payment terms, a reasonable schedule and a good change order clause. Invoicing - For small projects we have a Free Invoice Template you can download and for larger projects with multiple deposits, change orders, progress payments check out our Pay Application.

article thumbnail

Unique Tips To Reduce Construction Company Start Up Stress

Contractor Bookkeeping

Your contracts need a well-defined scope of work, clear payment terms, a reasonable schedule and a good change order clause. Invoicing - For small projects we have a Free Invoice Template you can download and for larger projects with multiple deposits, change orders, progress payments check out our Pay Application.