Contractor Bookkeeping

AUGUST 11, 2023

When negotiating contracts with clients, try to set payment terms that help your cash flow, such as deposits or progress payments. So it's crucial to have the skills to handle the people who owe you money well, especially if you want to avoid taking them to court.

Debt 103

Debt Cash Flow Negotiation Contract 103

Construction Law Monitor

OCTOBER 15, 2013

At the start of every construction project you sign a stack of papers that will dictate your success or failure on the project: the construction contract. The contract may be short and sweet, or it may be a mountain of paperwork that not only includes its own provisions but also cites provisions in other paperwork stacks.

Contract 82

Contract Lien Construction Documentation 82

Construction Enquirer

AUGUST 7, 2023

As we aim to conclude contract negotiations in the coming weeks and months, we look forward to working with each of the selected contractors in the delivery of our ‘Pathway to 2030’projects.

Electrical 86

Electrical Deals Overhead Negotiation 86

Pro Builder

AUGUST 17, 2022

Buyers Back on Top—Market Cooldown Boosts Negotiating Power. A more balanced market is putting buyers back into the driver's seat, and those who can still afford home purchases are backing out of deals and capitalizing on their bargaining power. of all homes that went under contract that month. Wed, 08/17/2022 - 10:41.

Negotiation 52

Negotiation Bargains Jacksonville Agreement 52

Green Building Law Update

NOVEMBER 5, 2017

The reason for the dearth of court cases is not that there are no disputes and differences arising from green building design and construction, but rather that many, if not most of the contracts in sustainable construction require mandatory arbitration, in lieu of a judicial contest. Legal scholars can have at it.

Green 120

Green Contract Documentation Claims 120

Pro Builder

JULY 26, 2021

In any market, it is not uncommon for buyers and sellers to spar over light fixtures, window treatments and appliances, with million-dollar deals sometimes unraveling over items that cost a few thousand. But ultimately, a contract can include whatever terms a buyer and seller agree to. In East Hampton, the sellers of a $2.2

Deals 98

Deals Claims Contract New York 98

Construction Law Monitor

MAY 1, 2014

Depending on which side of the table you are sitting at when signing a contract, will determine how the collections process at the end of project will go. Contract terms are key to a successful collection for final payment. Each party to the contract must be crystal clear as to who is to perform what task. Scope of Work.

Contract 56

Contract Louisiana Change Orders United States 56

Building Radar

OCTOBER 8, 2024

As the standard set of regulations governing construction contracts in Germany, mastering VOB procedures can significantly impact project success. The VOB, comprising three parts, establishes the legal framework for construction contracts in Germany. Scope of Work Clearly defining the scope of work is crucial for project success.

Contract 52

Contract Construction Documentation Project Management 52

Construction Enquirer

APRIL 24, 2023

House builder Weston Homes has exchanged contracts to aquire a 10.36 The Epping deal is the first of a series of site acquisitions currently in negotiations which form part of Weston Homes plans to invest up to £500m in strategic land acquisitions over the coming five years. residential scheme.

Residential 94

Residential Negotiation Housing Site 94

Construction Law Monitor

NOVEMBER 2, 2011

I had a speaking engagement today here in Kenner, Louisiana (a suburb of New Orleans) whereby I had the pleasure of speaking to a group of contractors and architects regarding construction contracts. The bulk of the discussion focused on the most contested provisions within construction contracts. Prime/Subcontractors Contracts.

Contract 56

Contract Change Orders Lien Contractors 56

Viewpoint Construction Technology

AUGUST 15, 2018

Getting in touch, negotiating terms and conditions, checking contracts and closing deals with different vendors will take up a lot of your time, not to mention confuse you along the way. We know that in the construction business, the number of contracts and transactions you have with different companies is already laborious.

Software 130

Software Software Viewpoint Construction 130

Construction Business Owner

DECEMBER 1, 2011

Tip #1: Negotiate Fuel Costs. Before you go down the negotiating path, be sure you know your overall consumption by gallons. There is certainly a great deal to learn about this issue. They shared these tips and tricks with me on fuel management. Hopefully you’ll find them as helpful as I did. August 2012. April 2012. March 2012.

Construction 136

Construction Software Software US 136

Help Everybody Everyday

MARCH 6, 2009

As a Principal, Business Developer, or someone who is responsible for bringing in business for your construction firm, you are very likely to come across contracts. Contracts are an agreement signed by your firm and a client that sets the rules for the work to be done. Deal Breakers. “Pay when paid” clauses.

Contract 48

Contract Claims Legal Lien 48

Construction Dive

APRIL 20, 2017

Enter the construction contract (I know you were wondering where this was going). A sufficiently robust change order clause represents the “best laid plans” for dealing with change orders. . “The best laid plans of mice and men,” often go awry.

Contract 48

Contract Change Orders Construction Negotiation 48

Carol Hagen

SEPTEMBER 8, 2009

What SharePoint does best is collaboration when dealing with “working” documents like construction contract negotiations. After reading a few posts at Digital Landfill on the topic, we all need to consider how SharePoint addresses content management, collaboration, Enterprise 2.0,

Documentation 111

Documentation Bargains Management Negotiation 111

Construction Marketing Ideas

FEBRUARY 22, 2015

Craig Martin’s Construction Contract Advisor won the 2014 competition. Craig Martin’s Construction Contract Advisor blog won the 2014 Best Construction Blog competition , and its quality continues to make it a contender in 2015. Contracts and owners are not all alike. Some are fairer than others.

Contract 48

Contract Construction Claims Legal 48

Construction Enquirer

JULY 5, 2023

Electricians are set for a 7% wage rise from 2024 after a new pay deal was hammered out by electrical contractors and union Unite under the JIB collective agreement. The two-year deal for the industry also includes a 5% uptick in rates from 2025.

Agreement 74

Agreement Electrical Deals Bargains 74

Viewpoint Construction Technology

FEBRUARY 19, 2019

Adding to the complexity are project durations (which can go from days to years), the broad scope of work, the logistical sequencing of tasks and any conditions tacked onto the contract.

Cash Flow 130

Cash Flow Forecasting Software Software 130

Job Order Contracting

AUGUST 14, 2017

Not surprisingly there is a great deal of confusion about Job Order Contracting, especially when it come to unit prices books and the use of appropriate and best value construction cost data. Selective the appropriate Unit Price Book is extremely important to the overall success of any JOC Program.

Construction 100

Construction Commercial CSI Negotiation 100

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. And the trend continues to be up.

Deals 40

Deals Contract Negotiation Materials 40

Viewpoint Construction Technology

FEBRUARY 4, 2019

You have more data breach points for IT to secure. IT must ensure compliance and implement timely upgrades and patches to all of the different touch points. Integrated, cloud-based software like Viewpoint’s JobPac is helping modern contractors streamline processes and achieve higher productivity and profitability.

Software 130

Software Software Construction Documentation 130

ENR Construction

OCTOBER 3, 2018

28 as the two sides agreed to return to work with an agreement to negotiate a new contract this winter and work under the terms of a deal that expired in June until a new agreement can be reached. Road projects across Michigan that were stopped Sept. 4 due to a labor impasse resumed Sept.

Michigan 31

Michigan Roads Contract Agreement 31

Construction Law Monitor

APRIL 29, 2014

Many times its a better business choice to work out a deal and move on with making money. Other options : – Informal negotiations or ADR clause are other options. Once you have been sued and within the time frame to answer, you and/or your company could engage in informal negotiations with the adversary. What Happens Next?

Contractors 68

Contractors Louisiana Contract Negotiation 68

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 Law Monitor

AUGUST 24, 2012

This Bill protects subcontractors when contracting so that they cannot be held liable to indemnify the general contractor or owner from certain types of negligence. This Bill raises a bigger and more overarching question as to why do state legislatures feel the need to make rules to restrict the freedom to contract.

California 54

California Subcontracting Contract Legal 54

Construction Enquirer

JULY 9, 2023

Five other ‘possible’ sites across the town centre, including the Tommyfield Market site, which will also relocate into the new-look Spindles, will raise the contract value to between £350m-£550m over the 15-year development plan. The deal includes an option to extend the duration of the partnership for a further 10 years.

Site 70

Site Negotiation Plans Procurement 70

Autodesk Construction Cloud

AUGUST 12, 2022

Ultimately, I decided that I wanted to move into negotiating contracts and deals with subcontractors. I went into purchasing, which then segued me into procurement and contract negotiation. Our deal structures are often complex, and this complexity trickles down into how we manage projects. I joined as a Sr.

Management 97

Management Construction Software Software 97

PSMJ Resources

MAY 29, 2007

Three ways to keep salary issues out of your negotiations If you are like other A/E firm leaders, you are finding that your management salaries are coming under more client scrutiny than ever. How do you deal with clients who insist on raising the issue of management salary?

Resource 40

Resource Negotiation Compensation Deals 40

PSMJ Resources

APRIL 10, 2014

In a merger & acquisition deal, the purpose of the due diligence investigation (besides causing long nights and major stress headaches) is to make sure that both businesses are as they’ve been represented to be. It also uncovers potential problems that might be deal-breakers or issues to address in negotiating.

Deals 49

Deals Negotiation Contract Agreement 49

Construction Cost Estimating

JULY 14, 2010

who deal with facilities planning, design, construction or involved with estimating and negotiating facility job order contracts. This seminar is ideal for facility managers, architects, engineers, contractors, facility trades-people, planners, project managers etc. For registration. Rajib Dey The construction estimating.

Estimating 40

Estimating Jacksonville Negotiation Remodeling 40

Best Practices Construction Law

JUNE 22, 2022

Many times, the parties’ contract will dictate whether the contractor can recover delay damages or will be limited to a time extension for delays beyond the contractor’s reasonable control. The County rejected the claim, arguing that the “no damages for delay” clause in the parties’ contract precluded the award of delay damages.

Florida 62

Florida Contract Contractors Roads 62

Federal Construction Contracting Blog

JUNE 27, 2022

As a follow-up to my earlier post about the need to develop a settlement strategy when a claim is headed for litigation, I reviewed the various decisions of the Armed Services Board of Contract Appeals (ASBCA) for the first five months of 2022. Over 90% of the ADRs before the Board have resulted in settlements.

Claims 52

Claims Negotiation Contractors Spirit 52

CivilJungle

NOVEMBER 8, 2022

Tenders are of several kinds, counting open tender, selective, serial tender, and negotiated tender. Negotiation Tender. This tender process will generally apply in the architecture business and engineering, where pre-contract and post-deal agreements take Place. Advantages of Negotiation Tender. Negotiated tender.

Negotiation 52

Negotiation Bidding Construction Contract 52

Construction Law Monitor

OCTOBER 24, 2013

As discussed in other posts, there can be clauses within construction contracts wish mandate mediation. In this instance, the contract will lay out exactly how the mediation and/or arbitration process should be handled when an dispute occurs between the parties. Then the parties dig back in and litigate or negotiate independently.

Negotiation 56

Negotiation Contract United States Agreement 56

Building Information Management

SEPTEMBER 18, 2015

Best Practices for Multiple Award Task and Delivery Order Contracting. TASK AND DELIVERY ORDER CONTRACTING. This interim document contains our current views on best practices in the use of task and delivery order contracts, in particular multiple award contracts, as authorized by the Federal Acquisition Streamlining Act (FASA).

Contract 40

Contract Contractors Procurement Office 40

NH Construction Law

FEBRUARY 27, 2021

In an earlier blog ( #62 ) I discussed the implied covenant of good faith and fair dealing that limits a contracting party’s exercise of the discretion afforded to it by the parties’ contract. The jilted sub sued for breach of contract and breach of the Consumer Protection Act. Ambrose Development, LLC , No.

Contract 40

Contract Subcontracting Deals Bidding 40

Building Radar

OCTOBER 1, 2024

While digital tools provide significant efficiencies, personal interactions remain essential for closing deals. As noted by Fluix , digital skills have become essential for managing large-scale projects, but the importance of communication, negotiation, and personal rapport-building should not be overlooked.

Construction 52

Construction Negotiation Deals Industrial 52