Contractor Bookkeeping

DECEMBER 6, 2019

A quote is a legally binding fixed price a company prepares for a client; as such, they should always be in writing. Offering an estimate or quote provides potential clients with a customized figure for what they can expect to pay based on what will be required to complete a specific project.

Negotiation 65

Negotiation Estimating Contract Legal 65

Lets Build

MAY 5, 2022

For construction companies, it can also significantly increase profitability and maximise legal compliance. That’s especially valuable considering the overlapping rafts of regional, national, and global legalities any construction company has to navigate. This puts you in a stronger position to negotiate a cost-effective outcome.

Inspections 148

Inspections Software Software Documentation 148

CivilJungle

AUGUST 8, 2022

Legal Documents Required for Purchase of Property. But we must avoid the problem and legal situation by checking the documents required for buying property. Every construction work begins with legal approval. The actual owner of land legally sets people by way of every power of attorney. Commencement Certificate.

Documentation 52

Documentation Legal Certification Agreement 52

Job Order Contracting

JUNE 25, 2018

Virtually eliminate change orders and legal disputes. Robust Process: Request for Service – Joint Site Visit – Detailed Line Item Cost Proposal – Proposal Review/Negotiations – Execution – Regular Inspections – Checklist – Sign off – Warranty Period.

Contract 100

Contract Procurement Change Orders Negotiation 100

Federal Construction Contracting Blog

OCTOBER 28, 2024

Contractors often seek to recover attorneys fees if they successfully present and resolve a claim, either through a negotiated settlement or litigation. In reality, of course, the government usually requires a waiver of Equal Access to Justice Act (EAJA) fees as part of a settlement. Each case must be decided on its individual facts.

Legal 52

Legal Contractors Claims Contract 52

Job Order Contracting

JUNE 13, 2019

Planning, estimating, negotiating, procuring, managing, and closing out projects are all phases that are fully defined within a LEAN construction environment. Both change orders and legal disputes can be virtually eliminated with a properly designed and managed LEAN construction procurement and delivery framework. Shared Risk/Reward.

Innovation 100

Innovation Construction Procurement Bidding 100

Green Building Law Update

SEPTEMBER 9, 2013

I started this blog because I wanted to help design and construction professionals navigate the legal hurdles certain to pop up from the green building movement. Stuart is incredible at fixing green building problems, whether through contracts, mediation or informal negotiations. I started this blog because I had an "Aha!"

Green 120

Green Certification Negotiation Legal 120

Fieldwire

AUGUST 14, 2023

Retainage is up for negotiation Retainage is not set in stone. Every contract is negotiable, including what percentage is retained and for how long. BLOG How to Streamline Construction Processes from Planning to Payments Learn more → In addition, the same contract has a provision for negotiating variable retainage.

Contractors 98

Contractors Cash Flow Lien Negotiation 98

Construction Law

MARCH 3, 2025

Simplified bidding processes are to make it easier to bid, negotiate with and work for the public sector. Suppliers with poor compliance records, poor performance histories, legal violations and those posing national security risks will be excluded under the new debarment regime.

Procurement 40

Procurement Bidding Contract Accounting 40

Best Practices Construction Law

JANUARY 22, 2018

But I had never really thought about that legal principle because, “People don’t really do that, do they?” Depending on your state’s law, if you negotiate a check that is marked “paid in full” or even “final payment” then you are risking the fact that you may be settling any claims you have.

Claims 83

Claims Mississippi Legal Compensation 83

FDR Safety

MARCH 19, 2020

Consulting with the company’s legal counsel about difficult or special problems, such as search warrants or subpoenas. Being courteous and polite, but firmly exercising the company’s legal rights. Unlike non-supervisory employees, the statements and admissions of a supervisor may legally bind the company.

OSHA 156

OSHA Inspections Conference Employment 156

Construction Business Owner

DECEMBER 1, 2011

Tip #1: Negotiate Fuel Costs. Before you go down the negotiating path, be sure you know your overall consumption by gallons. Home Contact Us About Us Subscribe Advertise Legal Disclaimer Site Map -->. They shared these tips and tricks with me on fuel management. Hopefully you’ll find them as helpful as I did. productivity.

Construction 136

Construction Software Software US 136

Levelset

MARCH 31, 2022

Avoid insurance negotiations. Even if you act with good intentions, trying to help the property owner with their claim or negotiate on their behalf can be an expensive mistake. Contractors shouldn’t be claims negotiators,” Brown says. Contractors should aim to help customers – n ot get involved in their claim negotiation.

Insurance 93

Insurance Deals Contractors Claims 93

Job Order Contracting

OCTOBER 18, 2016

The owner estimate or detailed analysis must be completed before receipt of the Contractor’s proposal and before negotiations take place. The owner estimate will be used to evaluate the reasonableness of the Contractor’s proposal and will serve as the owner’s pricing and quantity objective during negotiations.

Contract 100

Contract Procurement Negotiation Project Management 100

Job Order Contracting

MAY 9, 2017

Elimination of legal disputes. Number of owner/contractor negotiations. It is the real property owner’s sole responsibility to mitigate risk, increase organizational efficiency, and align current processes with industry best practices. As an owner, what should you expect from a JOC Program? Faster project delivery.

Estimating 100

Estimating Contract Change Orders Construction 100

Job Order Contracting

NOVEMBER 7, 2017

d) An indefinite-delivery, indefinite-quantity (task order) contract which provides for the use of negotiated, definitive, bilateral orders (i.e., through discussions and negotiations. d) Negotiations. (1) 1) Negotiations on orders of specified value or greater not begin without an owner estimate. (2) f) Funding.

Contract 100

Contract Management Negotiation Estimating 100

Green Building Law Update

NOVEMBER 5, 2017

Legal scholars can have at it. The take away from all of this should be in an effort to manage your risk, pay particular attention to and negotiate the dispute resolution provisions in your contracts. The purpose of the blog post is not to argue whether or not arbitration works as well or better than litigation.

Green 120

Green Contract Documentation Claims 120

Construction Dive

AUGUST 11, 2016

Believe it or not, a construction contract with scores of provisions that runs dozens of pages does not actually define the entire legal relationship between the parties, regardless of how thorough the contract may seem or how much time and expense they invested in its drafting.

Contract 48

Contract Drafting Negotiation Agreement 48

CivilJungle

NOVEMBER 8, 2022

A tender will be a draft legal paper in which a particular act will notify official documents and discharge the capable artisan interested in filling it and taking the project. Mainly it is survey evidence proof and legal effects. Tenders are of several kinds, counting open tender, selective, serial tender, and negotiated tender.

Negotiation 52

Negotiation Bidding Construction Contract 52

Pro Builder

JULY 20, 2021

You can avoid legal trouble by managing client expectations with a simple yet comprehensive contract. A contract doesn’t have to be long and confusing to be effective, practically or legally. From project scope to warranty details, here are the basics of a simple but effective (and legal) contract for specialty trade work. .

Contractors 98

Contractors Contract Legal Change Orders 98

Autodesk Construction Cloud

NOVEMBER 15, 2021

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. For this reason, contractors need to be careful with the GMP agreement and negotiate terms to protect themselves.

Contract 52

Contract Contractors Negotiation Subcontracting 52

Construction Business Owner

FEBRUARY 16, 2012

Many contractors negotiate payment due dates with their vendors to get themselves out of short-term cash binds. Home Contact Us About Us Subscribe Advertise Legal Disclaimer Site Map -->. It is well received by banks when you are aware of your weaknesses and are seeking ways to mitigate them. productivity. project collaboration.

Banking 120

Banking Construction Cash Flow Finance 120

Job Order Contracting

MARCH 29, 2017

d) An indefinite-delivery, indefinite-quantity (task order) contract which provides for the use of negotiated, definitive, bilateral orders (i.e., through discussions and negotiations. d) Negotiations. (1) 1) Negotiations on orders $100,000 or more may not begin without an Independent Government Estimate (IGE). (2)

Contract 100

Contract Office Negotiation Procurement 100

Construction Law Monitor

JULY 12, 2011

As always seek the advice of legal counsel when contemplating licensing, contracting, and negotiating. California CSLB is also very proud of its SWIFT program. SWIFT stands for Statewide Investigative Fraud Team, where the government performs sting operations to catch unlicensed contractors.

Contractors 54

Contractors California Legal Resource 54

Building Radar

AUGUST 29, 2024

Permits and Legal Fees : Costs related to obtaining necessary permits and covering legal requirements. This early detection can play a vital role in cost control by allowing teams to adjust procurement strategies and negotiate better terms with suppliers before competitors.

Comparison 52

Comparison ProCore Construction Project Management 52

Job Order Contracting

FEBRUARY 20, 2018

The following template is provide for sample purposes only and should not be used a legally bidding document without through review and modification by appropriate Owner legal counsel. These negotiations must precede the JO award/approval and are not allowed on a Change Order basis. JOB ORDER CONTRACT (JOC) EXECUTION GUIDE.

Contract 100

Contract Organization Change Orders Overhead 100

Construction Law Monitor

AUGUST 24, 2012

I recently found a good article on JDSupra.com , always a great source for solid legal content, regarding California Senate Bill 474. This Bill protects subcontractors when contracting so that they cannot be held liable to indemnify the general contractor or owner from certain types of negligence.

California 54

California Subcontracting Contract Legal 54

Job Order Contracting

JULY 29, 2021

Is not legal in some states. Allows for construction price “negotiation” based on an established construction cost unit-price book. Note: prices are non-negotiable, however, quantities and selection of line items can be revised prior to acceptance of contractor proposal). Job Order Contracting.

Design 130

Design Bidding Engineering Construction 130

Construction Business Owner

APRIL 4, 2011

– will ultimately determine if you are on the bid list or in the negotiating room for the next project. Home Contact Us About Us Subscribe Advertise Legal Disclaimer Site Map -->. As the general contractor we will have ultimate responsibility for the construction quality and fit and finish of the facility. productivity.

Construction 120

Construction Software Software Accounting 120

Job Order Contracting

OCTOBER 25, 2017

Other authorities in the organization must participate in its development to ensure that all objectives and interests are met (examples: legal, quality assurance, small business, building users, planners). Technical, purchasing, and legal personnel attend the conference. Negotiations and Source Selection. Competitive Range.

Contract 100

Contract Contractors Conference Plans 100

Best Practices Construction Law

NOVEMBER 21, 2019

For example, in the Universal Concrete Products case, the 4th Circuit reasoned that Virginia courts favor the freedom to contract and that parties are freely able to negotiate and draft these types of provisions. Courts across the country vary in their treatment of these issues. However, in Thomas J.

Contract 77

Contract Subcontracting Drafting Virginia 77

Construction and Infrastructure Law

JANUARY 9, 2020

Indemnification clauses appear in nearly every agreement, but they are often overlooked as mere boilerplate provisions after the parties have painstakingly negotiated all of the other terms. Finally, be sure to make the clause conspicuous and satisfy any other requirements regarding the formatting of an indemnification clause.

Liability 69

Liability Agreement Drafting Insurance 69

Best Practices Construction Law

SEPTEMBER 4, 2014

You are going to go back to the original scope of work to see if that was well defined, and changes have been made either in the field or as part of a negotiated, detailed change. Prove legal entitlement. You need to paint the right story based upon the facts and use the law to prove your legal entitlement.

Compensation 54

Compensation Claims Change Orders Legal 54

Best Practices Construction Law

JUNE 12, 2015

For example, in the Universal Concrete Products case, the 4th Circuit reasoned that Virginia courts favor the freedom to contract and that parties are freely able to negotiate and draft these types of provisions. It is worth the effort to seek legal advice on these issues prior to drafting and executing contracts with other parties.

Subcontracting 48

Subcontracting Legal Drafting Virginia 48

Construction Law

JUNE 3, 2024

News Our regular news round up focusses on a disputes survey that suggests artificial intelligence will have an impact on contracts sooner than many think; a Labour Party plan that involves scrapping the IPA and the NIC; and a landmark legal victory for the government that forces a freeholder to fix serious building safety issues in a tower block.

Insurance 52

Insurance Construction Legal Drafting 52

Construction Law

MAY 2, 2024

News Our regular news round up includes a survey saying collaboration is on the rise; Network Rail promises a partnering approach in its new framework; and a warning that carbon reduction policy risks legal challenge. Legal terms explained Isabella Salame of Herbert Smith Freehills LLP explains what is meant by non-delegable duties.

Construction 52

Construction Cash Flow Legal Insurance 52

Best Practices Construction Law

MAY 9, 2016

The modern legal trend favors apportionment of liquidated damages where there is owner-caused delay, in particular where the liquidated damages clause provides a mechanism to extend the contract completion date, thereby reducing potential liquidated damages for delays not attributable to the contractor. Document your claims.

Contractors 48

Contractors Connecticut Claims Contract 48