HardHatChat

MAY 18, 2010

While some construction change orders will be out of your control, such as last-minute requests from a municipality, the majority of change orders happen because the full scope of work wasn’t included in the bid drawings. And that my friend is something you can control – design and construction. The payment dispute goes to court.

Change Orders 174

Change Orders Commercial Construction Bidding 174

Autodesk Construction Cloud

NOVEMBER 15, 2021

Karalynn also brought up the tendency of the industry to pass liability down the chain when drawing up contracts. 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.

Contract 52

Contract Contractors Negotiation Subcontracting 52

NH Construction Law

FEBRUARY 25, 2023

Owner/borrowers like it as well; preventing the contractor from getting ahead of them in payments incentivizes proper contract performance, and a set of professional eyes to determine whether the contractor’s draw requests are justified is a welcome feature. Residential owners are usually on the short end here.

Banking 40

Banking Inspections Construction Lien 40

Levelset

APRIL 8, 2022

So, if you’re reading a broad-form policy, the causes of damage that insurance doesn’t cover — known as exclusions — should draw your attention. But for many types of work, restoration contractors have the right to file a lien on their property if they fail to pay. Exclusions: Perils that aren’t covered.

Insurance 52

Insurance Claims Agreement Lien 52

Levelset

APRIL 8, 2022

So, if you’re reading a broad-form policy, the causes of damage that insurance doesn’t cover — known as exclusions — should draw your attention. . But for many types of work, restoration contractors have the right to file a lien on their property if they fail to pay. . Exclusions: Perils that aren’t covered.

Insurance 52

Insurance Claims Agreement Lien 52

Contractor Bookkeeping

OCTOBER 4, 2013

In ancient Greece, Socrates argued that education was about drawing out what was already within the student. "I Negotiate a fair deal that allows the bank to get something and you get something, a win-win and you will find more great deals coming your way in the future. Education is the foundation for shifting paradigm.

Profitability 49

Profitability Construction Accounting Cash Flow 49

Building Information Management

APRIL 24, 2016

Individual task orders generally include drawings, detailed unit prices, and reference specifications. Labor costs will be reimbursed to the Contractor at the unit price rate multiplied by the Contractor negotiated coefficient(s). The Contractor may be reimbursed for Subcontractor at cost plus the negotiated coefficient.

Contract 40

Contract Contractors Materials Site 40