Executive Summary If you’ve been running the accounts receivable and accounts payable out of a brown paper bag and want to go “legit”, here are the first steps. The Background Perhaps you have a successful and operating company – you have for a year or twenty years. But each time […]
Contract Mapping: A Valuable Tool in Your Toolbox
Executive Summary Contract interpretation can be difficult for a construction professional. Contracts are comprised of thousands of words and hundreds of paragraphs. Consider “contract mapping” to help quickly guide you through a contract. Give me numbers, not words. Most construction professionals are technically minded and/or visually geared. This is to […]
Signing a Change Order: What to look for
Executive summary. Ensure that before you sign a change order, all of the necessary components of your negotiation are included. Here’s what to look for in a change order before you sign it. And don’t forget – you don’t have to sign it. What is a change order? It’s a […]
What Information Governs: Order of Precedence
Executive summary. As a construction professional in the field, when information conflicts between plans and specifications, you should immediately seek the order of precedence section of your contract for guidance. What is order of precedence? In a construction project, the contractor is directed on the makeup of the final product […]
Proposal Terms and Conditions
Listen Read PDF Executive Summary: Submitting a clear and concise proposal is an important step in getting the project off on the right foot. An ambiguous proposal welcomes dispute. Be complete in the listing of terms and conditions in your proposals. What are terms and conditions? Terms and conditions […]