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Whether just starting out or operating for years, there are many legal obligations and issues that confront a small business owner. The Small Business Legal guide from Legal Services Link provides information on the top ten areas business owners need to address to ensure their businesses are legally protected.
This article outlines three important documents that you’ll need in order to start and run a profitable business. Although public liability insurance is not a legal requirement, it should be regarded as essential. LegalDocuments. Business Plan. A business plan is vital for a number of reasons. Final Thoughts.
Construction documents help keep your projects organized and guide the construction process from start to finish. Having access to these construction documents puts information into the hands of the right people at the right time, so decisions can be made quickly and action can be taken to finish projects on time and within scope. .
Without a doubt, photo documentation is one of the most essential aspects of field reporting and field tracking. This is why it is important that all stakeholders take extremely detailed photos that document every step of their work on site. That being said, photo documentation is one of your biggest assets in this effort.
Credible Cost Estimate Core Elements #1 Objectivity – The information used and those invovled in the creation of the construction cost estimate must be objective. The reliance on outdated information (more the three month old) can introduce significant error. Primary data sources should be used whenever possible.
First and foremost, the attorney-client privilege protects communications made in confidence by a client to its attorney in the attorney’s professional capacity for the purpose of obtaining legal advice. Some suggest that the role of legal counsel appears to morph into that of an environmental advisor.
LegalDocuments Required for Purchase of Property. But we must avoid the problem and legal situation by checking the documents required for buying property. The below documents are necessary for the purchase of property: 1. Every construction work begins with legal approval. Land Property Documents.
Our auditor thoroughly reviewed our controls, procedures, and product documentation around our security practices and examined the security controls in our products and cloud platforms. If you are a customer or prospective customer you may contact our Legal department to obtain a copy.
We live in an age when unprecedented amounts of information are being harvested, yet much of this data is often siloed and overlooked. Developing a coherent strategy for standardising and accurately reporting new or changing information is key for any business wanting to improve its efficiency. Information has a single unified home.
Modern contractors have the technology tools at their disposal to bring everyone involved in a project together to see relevant data in real-time, provide simple ways to update information for everyone at once and automate communication and workflows. The average client doesn’t want — or need — mounds of information.
Responding to all document and other information requests by the OSHA inspector. missing ground pin from an extension cord) the representative should correct it immediately and inform the inspector of the correction. Being courteous and polite, but firmly exercising the company’s legal rights.
Project Document Management : Your Communication Strategy. Because some very specific documents are created and used throughout the life of a typical construction project, these documents can serve as the center of your communications strategy. Document availability. Document relevance. Document Tracking.
It also allows for the opportunity for them to make well-informed decisions, or address project issues early. Departmental silos take place when one department does not want to share information with other departments within the company. The data may be stored, but not yet converted into meaningful information. Threat: Silos.
Believe it or not, there are always a wealth of emails and other documents produced in litigation that help “make the case” for the other side. ” Best Practices advises that you should have a written document management policy in place. Risks of informal communications (… see emails above… ).
If you learn that you need to purchase a surety bond to work as a contractor or to enter into a contract to perform work on a project, here is some information you should know about surety bonds and how they work for contractors. Any past misconduct or legal violations. What Are Surety Bonds? The Bonding Process.
Consider these three vital areas: Construction Project Documents: How do you move documents through your organization? When documents are created or modified, are the appropriate people notified? So making sure everyone on your team has the information they need should be a priority. document management.
This process and workflow, combined with a common data environment that assures technical and financial visibility and transparency, significantly reduces errors, omissions, change orders, and legal disputes. Metrics and information gathering methods are also readily available. Alternative LEAN Project Delivery. Training is King.
The process involves providing basic information about your company’s structure and ownership and appointing a registered agent to receive service of process. Once the contractor qualifies, the license application requires extensive documentation such as descriptions of experience, background checks, financial information and bonds.
Unfortunately, many contractors are still relying on non-integrated, on-premise software solutions, which often means data reporting is delayed between the field and office, and those tasked with analyzing project productivity are often working from information that is days, weeks, even months old. Subcontractor Schedules and Compliance.
Understanding the key legal considerations in construction contracts can help prevent disputes, manage risks, and ensure successful project completion. For a comprehensive guide on the legal aspects of construction contracts, visit AIA’s article on legal considerations. Key Legal Considerations in Construction Contracts 1.
This means that all of your documents, information, and processes will be accessible to you at all times. With a construction management software program, you’ll be able to store relevant documents in one place and organize them using searchable tags. Minimized risk of legal claims. Team tracking.
Inadequate Scope of Work – A poorly defined and/or poorly defined scope of work spells disaster for any construction project and results in cost overruns, change orders, and legal disputes. Furthermore, using economic cost factors to update information is also problematic with respect to producing current actionable information.)
The errors and poor processes result in change orders, project delays, and legal disputes. The fundamental reason for poor outcomes is the failure to implement and properly manage robust and integrated LEAN planning, procurement, and project delivery processes.
The Summit brought together safety and legal professionals from chemical manufacturing, petroleum refining, paper and other industries covered by OSHA’s PSM Standard and EPA’s RMP Rule, with officials from the relevant regulatory agencies. Unfortunately, we find that much of this training has no foundation… Let me explain.
With web-based software, these mobile devices are capable of running complete versions of a company’s enterprise software, resulting in real-time information flowing freely from the field to the office and a true collaborative environment. Next Generation of Document Management. Today, we need more process-oriented document management.
So, I took some photos, wrote an RFI attached the photos to the document and sent it to the architect noting its urgent status. And because of the environment we work in, there are procedures to be followed, communication channels to be adhered to and process that has to happen to keep things legal and everyone properly informed.
Sometimes, as you know, project documents can devote an entire plan sheet or spec section to a list of abbreviations and acronyms. Each of these team members has a vested interest in receiving information about the project and, in return, contributing their expertise to the project. document management. construction management.
How to Get Your Construction Documents Under Control Once and For All. In construction, this chaos seems to be the norm, especially when it comes to documents. In construction, this chaos seems to be the norm, especially when it comes to documents. What is Construction Document Control? Good question.
How to Get Your Construction Documents Under Control Once and For All. In construction, this chaos seems to be the norm, especially when it comes to documents. In construction, this chaos seems to be the norm, especially when it comes to documents. What is Construction Document Control? Good question.
Document Management. With the current levels of detail required by industry standards, code compliance and also by the different disciplines, the number of documents required for a project is huge. Keeping track of what’s current in that huge set of documents and making sure others on your team are using current documents are critical.
Connecting within the Construction Company » Free Webinar: Managing Information Overload. Managing this information overload can be difficult. Many contractors haven’t taken advantage of digital document solutions, and the ones that have are still dealing with high volumes of data. document management. foundation.
In fact we know from the proprietary data of a commercial real estate information company that LEED Certified buildings are being conveyed at a faster pace than the broader commercial real estate market. Finally, a contract of sale should list as a document to be delivered at closing (.
Greenwashing, which is often described as is conveying a false impression or providing misleading information about how a company’s products or services are more environmentally sound, is now a term being applied more broadly to ESG (.
« Free Webinar: Managing Information Overload. A few weeks ago, I discussed how construction management and operations groups need to work with the same information to keep project teams moving in the same direction. But how do you connect and disseminate this information to the people in your company? Information Push.
Contractually Defined and Fully Detailed Roles, Responsibilities, Documentation, and Workflows. Mandatory Collaboration – Early and Ongoing Information Sharing. Virtual Elimination of Legal Disputes, Change Orders, and Potential for Fraud. Reward for Consensus-based, Outcome-focused Decisions and Actions.
Research to gather information. Our lead analyst organizes information into logical components and processes. Finally, the programmers that do the actual coding will receive the final specifications document. They will study the document and then meet with the analyst to thoroughly review all aspects of the specifications.
First things first, it is necessary to take a closer look at how excessive admin work can hurt your project delivery leading to legal disputes and a siloed way of communication: Time wasted on unnecessary tasks and meetings. Outdated information leading to miscommunication. Micromanaging as a result of a strong blame culture.
Whether you have a simple accounting application, or a specialized construction accounting system, you should be able to file your taxes and payroll information electronically. Keeping documents as electronic files reduces paper waste and clutter in your office because you can get rid of the filing cabinets. Archiving documents.
Venture tools are built to give contractors visibility and control over three key areas of construction operations: Documentation. Document Management. It’s no secret that documents play a vital role in the construction process from beginning to end. document management. Communication. Construction Accounting Software.
By Bruce Jervis The legal standard for a successful differing site condition claim is stated in a variety of ways. At its most fundamental level, however, it comes down to two questions:What representations did the contract documents make regarding physical site conditions?Was The contractor’s assumptions proved to be incorrect.
Make sure contract documents such as specifications, drawings, progress reports, and requests for information (RFIs) receive proper authorization. By upgrading your communication channel you will ensure that information is getting to the right people in a timely manner. Having a robust document tracking system.
There is also the matter of standardizatio n; creating consistent naming conventions and data policies is difficult when your information exists in various places. . Fortunately, you can overcome these hurdles by using ACC Connect to sync drawings, field reports, and documents in the cloud. 2: Project Management.
This is why standardised systems and processes coupled with data-driven decision making and a central information repository can keep your project safe and give you control over the whole process. Legally, the term variation refers to an agreement supported by consideration to alter some terms of the contract. Project information.
This is mainly because I kept very accurate records and documentation throughout the project and made sure to get approvals in writing. And don’t think you’ll get legal fees in a settlement – it just won’t happen. This is probably the most critical piece of information that a lawyer will give you.
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