Sun.Jun 23, 2024

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Six Reasons Construction Project Fail

Job Order Contracting

These are the top six reasons construction projects fail. Whether repair, renovation, maintenance, or new builds, 30%-40% waste is the norm due to one or more of the following… #1 Lack owner leadership, capacity, accountability. #2 Failure to adopt, implement, and manage a robust and integrated planning, procurement, and project delivery process. #3 Poor team selection. #4 Insufficiently detailed and/or poorly communicated Scope of Work (SOW). #5 Lack of trust. #6 Failure to leverage the k

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Emergency Detour Nears Completion Along Wyoming's Teton Pass

ENR Construction

Crews with Evans Construction mobilized quickly to construct a detour after a portion of the highway collapsed June 8.

Wyoming 77
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#136:  Fixed Price vs. “Cost Plus” Contracts: Some Considerations

NH Construction Law

When contracting parties agree to a fixed price or lump sum amount for a defined scope of work, the contractor is generally obligated to build that scope of work for that price regardless of what it costs him to do so or what unmentioned obstacles he may face. His price will typically be set to cover overhead costs and a reasonable profit. And time is money; all other things being equal, the sooner the contractor completes the work, the more profit he will make.