Contractor Bookkeeping

DECEMBER 4, 2020

Many contractors would like to subcontract out their bookkeeping services, and the two main reasons they don't is - fear of losing control and cost. In too many cases, that is precisely what occurs.

Subcontracting 79

Subcontracting Accounting Contractors America 79

NH Construction Law

DECEMBER 19, 2020

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? Such was the situation in Maine Bonding & Casualty Company v. Some courts have ruled against the surety on this basis.

Subcontracting 40

Subcontracting New Hampshire Liability Defense 40

Construction Enquirer

MAY 17, 2023

HS2 is planning a meet the main contractor bidders day ahead of the next tranche of subcontract work tenders to progress civil engineering works and station fit-outs.

Subcontracting 98

Subcontracting Roads Maine Innovation 98

Autodesk Construction Cloud

MAY 3, 2022

It can be difficult to stand out and get the jobs you want as a subcontracting firm. . With labor shortages, high costs associated with getting building materials, and other problems, subcontracting firms have to focus on setting themselves apart and setting themselves up for success. . Competition Is Increasing in the Sector .

Subcontracting 98

Subcontracting Construction Bidding Materials 98

Construction Equipment

MARCH 19, 2015

The $1 billion expansion is the first major construction overhaul since the main terminal opened in 1981. There are 450 contracting and subcontracting firms currently working on the airport''s multiple projects. The project will expand the airport''s capacity to up to $40 million passengers.'

Airports 48

Airports Subcontracting Maine Contract 48

The Korte Company

OCTOBER 22, 2024

We’re responsible for every aspect of a project — from estimation, assessments and pre-construction to architecture, schematics, engineering, subcontracting, construction and post-construction. The layout includes 12 buses for staging that give students easy access to the gym and main entrances.

Illinois 52

Illinois Design Renovating Safety 52

Best Practices Construction Law

JUNE 19, 2014

The contract also contained a venue provision, which stated that “all matters relating to the validity, performance or interpretation of this Subcontract shall be governed by the laws of the state where the Project is located [Georgia].”.

Contract 48

Contract Subcontracting Georgia Construction 48

HardHatChat

JUNE 21, 2011

Whether the casino location ends up being a site like Navy Pier, the old Chicago Main Post Office or Block 37, there will be more commercial construction challenges and coordination of delivering materials than with the new Rivers Casino in Des Plaines. More challenges = higher commercial construction costs.

Chicago 149

Chicago Deals Housing Commercial 149

Construction Marketing

JULY 24, 2014

Value of the project and often value of major subcontracts. For $59 per month, you can get 10 reports covering 2 geographic regions that provides the main details of a project. Company information for planners, general contractors, major trades, etc. Materials specified including company names and models if appropriate.

Construction 218

Construction Claims Products Commercial 218

NH Construction Law

DECEMBER 22, 2019

If we look no further than this language, the first of these two methods of establishing third party beneficiary status appears to be a perfect fit in the usual owner-contractor-subcontractor relationship: through his subcontract, the subcontractor (promisor) is rendering a performance that the general contractor (promisee) owes to the owner.

Subcontracting 40

Subcontracting Contract New Hampshire Legal 40

Construction Cost Estimating

AUGUST 21, 2010

This XML based software facilitates organizations to speed up interoperability within their own organization and interoperability with external project stakeholders.

Subcontracting 40

Subcontracting Software Software Change Orders 40

Construction Marketing

DECEMBER 22, 2010

Value of the project and often value of major subcontracts. For $59 per month, you can get 10 reports covering 2 geographic regions that provides the main details of a project. Company information for planners, general contractors, major trades, etc. Materials specified including company names and models if appropriate.

Construction 238

Construction Remodeling Claims Products 238

NH Construction Law

MAY 28, 2018

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).)

Subcontracting 40

Subcontracting New Hampshire Lien Insurance 40

Job Order Contracting

FEBRUARY 20, 2018

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. Subcontracts: Contractors may use the services of Subcontractors if noted in Contract. The UPB costs should NOT include contractor overhead and profit.

Contract 100

Contract Organization Change Orders Overhead 100

Construction Cost Estimating

JANUARY 1, 2019

Direct Cost includes cost of materials, equipment, labor and subcontracted cost; while the Indirect cost includes overheads and contingency. Besides all of this, every estimate must be prepared with the consideration of other two factors which influence a project namely Direct & Indirect Cost.

Estimating 45

Estimating Drawings Documentation Subcontracting 45

Autodesk Construction Cloud

AUGUST 12, 2021

With job costing, you can separate the project into the main phases and then sort scopes of work into each phase. After developing the codes, you can generally divide them into five categories: labor, materials, subcontracts, equipment, and overhead. . Subcontracts.

Accounting 52

Accounting Software Software FASB 52

Autodesk Construction Cloud

NOVEMBER 1, 2021

With their rapid expansion, the teams still mainly relied on verbal communication as their main method for collaboration on their projects. Email was our main way to share project data which brought a level of unnecessary risk to POB ,” says Hege, Quality Manager at POB. Over the years, the company has expanded quickly.

BIM 52

BIM Documentation Site US 52

Contractor Bookkeeping

JANUARY 13, 2014

The main problem is that as a contractor you live and work in a "Tangible" world and in doing so you have developed and honed your intelligence and resources to master the art and science of building, repairing and remodeling homes and commercial buildings. Do What You Do Best And Outsource (Subcontract) The Rest!

Contractors 63

Contractors Accounting Project Management Profitability 63

cnstrctr

FEBRUARY 4, 2019

Depending on what type of project you are on, project closeout will look different, but depending overall there should be three main areas you need to be focusing on: Turnover and Permit Closeout. Project turnover and can be a confusing process but there are a few main procedures to follow. Quality and Issue Closeout. Warranty Period.

Construction 60

Construction Documentation Permits Contract 60

Construction Lawyer

APRIL 3, 2012

« 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.

Claims 40

Claims Agreement Illinois Subcontracting 40

cnstrctr

JULY 1, 2019

In order to determine who your report will be distributed to you need to first determine who your audience will be, there are two main audiences for reporting: Internal Reporting – is important for two reasons. The first and most obvious is knowing how much money you will be making.

Cash Flow 60

Cash Flow Forecasting Construction Contract 60

Fieldwire

AUGUST 2, 2023

of construction fatalities happen because of four main causes — electrocution, falling from great heights, being struck by objects and getting caught between things. The main idea of ongoing learning is to institute an in-house training program with no definitive ending. New technology can also make construction safer than ever before.

Management 52

Management Certification Construction Education 52

Construction Lawyer

JULY 20, 2012

« 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.

Illinois 40

Illinois Subcontracting Liability AIA 40

Building Information Management

JULY 31, 2014

Anecdotally, the main reason BIM has failed to date, and YES is has failed, is the lack of the application of a well defined systems and process approach that incorporates LEAN collaborative construction delivery. Open, cloud computing, object-oriented supporting technology vs. archaic, monolithic technology. . .

Products 40

Products Life Cycle Procurement Construction 40

Levelset

AUGUST 25, 2022

The main changes came in the form of simplified notice procedures and lien filing deadlines. As far as retainage and reserved funds in Texas, here’s a quick recap: Texas retainage are amounts that are withheld by a contractor or a sub pursuant to the terms of their contract; more specifically their subcontract.

Texas 52

Texas Lien Claims Contract 52

Construction Lawyer

MAY 2, 2012

« Florida court holds that statute of limitations does not apply to certain arbitrations | Main. provided that if arbitration is provided for in the "Contract Documents," Mortenson "in its sole discretion" may demand arbitration of any dispute under the subcontract. The  Section 21.1

Contract 40

Contract Illinois Legal Construction 40

NH Construction Law

MAY 20, 2023

The main purpose of such clauses is to shift the risk of owner nonpayment, whether due to owner insolvency or owner breach, from the contractor to the subcontractors. JBC Merger Sub LLC v. Tricon Enterprises, Inc. , 145, 286 A.3d 3d 1186 (2022), didn’t think so.

Contractors 40

Contractors Bargains New Hampshire Contract 40

Julian Construction

NOVEMBER 23, 2010

« Julian Construction Says Homeowners Need to Prepare for "The Big One" | Main. | A contractor can seem competent because he has to a nice web site, but in reality he just subcontracts the work out. House Leveling. Earthquake Retrofitting or House Bolting. Social Media Links.

Los Angeles 40

Los Angeles Construction Foundation Long Beach 40

ENR Construction

JULY 31, 2012

Freyssinet’s $30-million subcontract entails building the tunnel in an open trench. The main thing is to take care during backfilling," adds Olivier Caplan, Freyssinets Asia operational manager. The twin-bore precast tunnel, some 60 kilometers south of Seoul, forms a 2.6-km-long

FAQ 47

FAQ Concrete Site Claims 47

Construction Specifier

OCTOBER 1, 2024

In some cases, the subcontractor may only provide system installation and subcontract the design/engineering and fabrication to a curtain wall system manufacturer. Either way, the subcontractor typically holds the contract with the key material supplier ( e.g. glass) and any other subcontracts for the curtain wall system furnishment.

Design 104

Design Fabrication Consulting Bidding 104

CivilJungle

MARCH 4, 2022

The main disadvantage of estimation is it creates large deviation from the accurate value. In residential construction, builders create an estimate for a construction project by detailing all the materials, labor, equipment, and subcontract work involved. Estimation is a very flexible method; where, you can add or remove data anytime.

Residential 52

Residential Estimating Concrete Drawings 52

Construction Lawyer

DECEMBER 28, 2007

« Florida Supreme Court follows Texas Lamar Homes | Main. When Hansen terminated the subcontract, the distribution right was affected and SIB sued Hansen. Arbitrators award attorneys fees, contract notwithstanding » December 28, 2007. Non-signatory bound by agreement to arbitrate. The court disagreed.

Agreement 40

Agreement Illinois AIA Chicago 40

Autodesk Construction Cloud

DECEMBER 5, 2023

I've worked with Jonathan at two different electrical subcontracting firms, and at both jobs, he has been an innovation leader. Ian's contribution can be segmented into three main areas: technological advancement, organizational effectiveness, and industry influence. Mark Jason Villanueva Corporate BIM Manager, Newcon Builders Pte.

Construction 116

Construction BIM Autodesk Innovation 116

Autodesk Construction Cloud

MAY 5, 2023

Execute projects on time and within budget with encrypted data transfers and reduced IT expertise needed to keep everything running smoothly. And with the ability to sync subcontracts and purchase orders into accounting, hh2 creates a bridge between Autodesk Build and Sage 300 CRE, allowing for increased efficiency and improved data accuracy.

Office 52

Office Autodesk Accounting Project Management 52

Construction Lawyer

MAY 21, 2009

« Liability for green design | Main. The owner had hired a general contractor who, in turn, had subcontracted some of the work. LEED project managment software » May 21, 2009. Subcontractors Mechanics lien allowed where bank seized generals funds. The Illinois Supreme Court, in Weather-Tite v. University of St.

Lien 40

Lien Illinois AIA Chicago 40

Contractor Bookkeeping

JULY 22, 2014

This is not much different than putting a sign on the main entrance to your company saying FREE MONEY! The harsh reality virtual bookkeeper traps I have shared with you come from reviewing hundreds of offers from virtual "Virtual Bookkeepers" to subcontract from us. TAKE AS MUCH AS YOU LIKE!

Contractors 49

Contractors Accounting Office Documentation 49

Contractor Bookkeeping

FEBRUARY 14, 2014

A lot of contractors would like to subcontract out their bookkeeping services and the two main reasons they don''t is fear of losing control and cost. It only makes sense to subcontract it out to professional construction accountants who have done it thousands of time and have a process in place to see to it that it gets done right.

FAQ 51

FAQ Contractors Accounting Security 51