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 […]
Escrowing Bid Documents: What, Where, How, Why, & When?
Executive Summary: Escrowing your bid documents and estimate calculations allow the contractor and owner to review all documents relied upon and created by the contractor as of bid day. If this method of price evaluation is accepted by the owner, it can be an invaluable asset during a project dispute. What […]