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2020 Guide to Construction Cost Estimating

Job Order Contracting

liability insurance and allowance for small tools and consumables. Liability insurance based upon local contractor rates is also added as a percentage. In addition, highly specialized subcontract items may require travel and per-diem expenses for mechanics. Here’s how we have handled the main factors affecting costs.

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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? citations omitted] By its terms the bond insured the faithful performance of the contract. ” Paisner v. Renaud , 102 N.H.

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#67:  Paying Your Subcontractor's Employees

NH Construction Law

Before subcontracting any significant portion of a long term job to someone who isn’t known to be financially solvent, the wise general will ask for proof that the sub can carry the strain of weekly payroll through a monthly requisition procedure, with retainage. How does a GC protect itself? § 5.5(a)(6).)

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Job Order Contract Execution Guide – Sample Template

Job Order Contracting

PLEASE NOTE: In occasions where the contractor is asked to provide materials, equipment, and/or subcontract pricing for work by direct bidding that may, or. Main Office Expense. Insurance, fringe. Subcontracts: Contractors may use the services of Subcontractors if noted in Contract. may not, be identified in the UPB.

Contract 100
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A Practical Guide to Construction Accounting Software

Autodesk Construction Cloud

Overhead costs can fluctuate month to month based on workers’ compensation, subcontractors, insurance, training, and more. With job costing, you can separate the project into the main phases and then sort scopes of work into each phase. Don’t forget to include insurance, worker’s compensation, and taxes into the figure.

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Seventh Circuit examines "pay-if-paid" provision

Construction Lawyer

« Seventh Circuit addresses duties of construction manager to injured worker; analysis of Local Rule 56.1 | Main. The court also extensively analyzed the issue of whether the subcontractor had a claim against the surety regardless of whether the principal is liabile for payment under the subcontract.

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Federal Court dismisses sub's claim against GC because of arbitration

Construction Lawyer

« Louisiana does not give res judicata effect to an unconfirmed arbitration award | Main. | April 2, 2012), dismissed an action by a subcontractor against the general because there was an agreement to arbitrate in the subcontract. The Subcontract incorporated the terms and conditions of the Prime Contract by reference.

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