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Construction Cost Optimization

Job Order Contracting

Labor Based upon contract requirements, local labor costs may be sourced from published Davis Bacon Wage Rates, or published state data sources, or directly researched local prevailing wage rates with appropriate inclusion markups for worker compensation, unemployment, liability insurance and allowance for small tools and consumables.

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2020 Guide to Construction Cost Estimating

Job Order Contracting

liability insurance and allowance for small tools and consumables. In the public sector contracts may require Davis Bacon Wage Rates or prevailing wage rates, or both, with the usage of the higher of the two. Liability insurance based upon local contractor rates is also added as a percentage. Material costs are either.

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Things Contractors Should Know About Job Order Contracts

Job Order Contracting

Things Contractors Should Know About Job Order Contracts. As a construction contractor considering a Job Order Contract (JOC), it is critical to be aware that all JOCs are not the same. Here are a just a few things contractors should know about job order contracts. Will you earn a reasonable profit? Army and U.S.

Contract 100
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Construction Contracts – What is My Scope of Work?

Construction Law Monitor

The importance of your construction contract cannot be understated. Surprisingly, people on all ends of the contracting process don’t always understand the importance of the words chosen in their agreement. The scope of work section of a construction contract varies greatly. ” It is the basis of your contract.

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#96:  Payment Bond Sureties and "Pay-if-Paid" Subcontracts

NH Construction Law

If the principal is a general contractor with a “pay-if-paid” clause in its subcontracts, must a subcontractor wait for the general contractor to be paid before it can collect on a payment bond? For public works contracts where payment bonds are required by statute ( RSA 447:16 et seq. United States ex rel. 27, 29 (1959).

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Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business

Levelset

“If something goes wrong, liability could hit the GC’s policy, which dilutes liability insurance limits, negatively impacts their claims history, and forces them to deal with a claim that’s not really their fault.”. Such an occurrence could threaten the existence of your contracting business.

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Lawsuit over First LEED Platinum Building is Over

Green Building Law Update

Permapost had a subcontract to apply pressure-treated PolyClear 2000 preservative to the Parallams. They have not shown that the breach of contract. The case instructs there is no more liability arising from green building versus other construction, but that the liability is different.