Executive Summary Construction often times does not go per plan. These unexpected variances in the plan can make or break a job. How you treat these “fires” can define your effectiveness as a manager. What could go wrong? In construction there’s dozens, if not hundreds or thousands of things, that […]
Bid Day: You Better Honor Your Bid, Mr. Subcontractor
Executive Summary As a general contractor you can rely on your subcontractor’s bid on bid day as a binding agreement. But not in all states. Read on to learn about protection granted by the Doctrine of Promissory Estoppel. Call Your Attorney I’m not a lawyer, and I don’t know what […]
Anatomy of a Change
Executive Summary Construction changes are generally handled in a similar way in most contracts. As a contractor you can develop good habits and controls to ensure you capture time and cost impacts. Anatomy of a Change Changes occur in a majority of construction contracts. Knowing how to track them and […]
Dear Owner, No Change Orders Thank You
Executive summary. Most Project Owners are convinced that Contractors thrive on change orders. The truth is that most would prefer to have none. Read below a sort of open letter to Owners. Speed. I feel the need, the need for speed [QR]. Mr. Owner, when I signed this contract, I […]
I Didn’t Ask for a Lamborghini
Executive summary. Extra work on a construction project must be delivered at fair and reasonable prices. Owners should know they have this right in their Contract, and Contractors should know the owners have this right too. Here comes the extra work. A new scope of work has been added to […]
The Unilateral Change Order
Executive Summary: The purpose of a change order is to add work to an existing contract. Ideally, this work is added with mutually agreeable terms in scope, time, and cost. These terms often cannot be agreed upon and contractors feel coerced into signing the document. Consider not signing the change order. Origination […]