Understanding and Negotiating Construction Contracts

A Contractor's and Subcontractor's Guide to Protecting Company Assets

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Author: Kit Werremeyer

Publisher: RSMeans

ISBN: 9780876298220

Category: Law

Page: 320

View: 6380

Construction is a complex business. Each project has its own unique physical and commercial considerations. Since there’s no such thing as a “standard” or “typical” construction project, construction contracts should also not be considered standard. The contractor must carefully manage both in order to have a successful outcome and protect the company’s interests and assets. This book will help you manage all these elements of the contract: Scope of work and schedule Terms of payment and cash flow Assurances of performance Insurance, bonding, indemnity, and warranties Changes to the contract Disputes and their resolution Damages Termination and suspension Force majeure International contracting

Construction Insurance, Bonding, and Risk Management

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Author: William J. Palmer,James Maloney,John Heffron

Publisher: McGraw Hill Professional

ISBN: 9780070485945

Category: Business & Economics

Page: 414

View: 2649

Don't let a construction lawsuit wipe you out. More and more construction contractors are getting sued these days. Make sure you protect yourself against costly litigation with Construction Insurance, Bonding and Risk Management edited by William J. Palmer, James Maloney, and John L. Heffron. Written in jargon-free language, this quick-and-easy resource will help you identify and manage risk in every phase of construction--from bidding on the job to driving home the final nail. You get the know-how you need to make sense of today's confusing array of insurance and bonds and to select the best coverage for your general business operations, individual contracts, job bidding and more.

Construction Law

An Introduction for Engineers, Architects, and Contractors

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Author: Gail Kelley

Publisher: John Wiley & Sons

ISBN: 9781118229033

Category: Law

Page: 312

View: 5031

This work offers a comprehensive review of the US legal environment, both criminal and civil, focusing on the key legal concepts and issues applicable to a typical construction project.

200 Contractual Problems and their Solutions

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Author: J. Roger Knowles

Publisher: John Wiley & Sons

ISBN: 1118257049

Category: Law

Page: 480

View: 4612

This book examines 200 contractual problems which regularly arise on building and engineering projects and provides a detailed explanation of their solutions, citing standard contract conditions and key parts of legal judgements as authority. A succinct summary is provided at the end of each detailed solution. It covers problems together with their solutions in respect of: Procurement matters Tenders and bidding Design issues Letters of intent Contractor's programme Contractor's float Delays Concurrent Delays Extensions of time Liquidated/delay damages Unliquidated damages Variations Loss and expense/additional cost claims Acceleration Global claims Payment Damage to the works Exclusion clauses Retention of title Practical completion Defect correction Adjudication This book deals with a broad range of construction contracts including JCT Standard Form and Design and Build, New Engineering Contract NEC3, ICE and GC/Works/1. This book was first published under the title of One Hundred Contractual Problems and Their Solutions, with a second edition entitled One Hundred and Fifty Contractual Problems and their Solutions. This third edition adds 50 new problems and replaces 15 of those in the last edition. Of the remainder half have been the subject of revision. "Deserves a place on every site and in every office as the standard handbook on contractual problems" —Construction Law Digest

The Building Professional's Guide to Contracting Documents

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Author: Waller S. Poage

Publisher: RSMeans

ISBN: 9780876295779

Category: Architecture

Page: 393

View: 584

Comprehensive guidelines on preparing and using construction contract documents and effectively communicating construction requirements. This comprehensive third edition covers the most widely used contract documents and how to structure them for maximum efficiency. An important reference for owners, design professionals, contractors, and students. This valuable resource provides the latest information on: How to structure your documents for maximum efficiency The roles and responsibilities of the owner and the construction professional Legal concerns and insurance Improved methods of project delivery Reviewing documents to ensure consistency and avoid conflicts.

Asset-Based Lending

The Complete Guide to Originating, Evaluating and Managing Asset-Based Loans, Leasing and Factoring

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Author: Peter S. Clarke

Publisher: Kevin Lee

ISBN: N.A

Category: Business & Economics

Page: N.A

View: 4639

This new, third edition, has added many updates regarding critical asset-based collateral subjects and issues, including regulatory Uniform Commercial Code (UCC) changes and more. Asset-based lending, or the extension of credit against company's balance sheet assets on a collateral margin basis, is a rapidly growing field in the lending arena - thanks to better controls and understanding as well as the intensification of non-bank competition in the field. Asset-Based Lending defines lending controls and policies, assessing collateral and borrower quality, loan pricing, collateral monitoring and much more, including: - Cash collateral accounts, commingling funds and controlling payments and advances - Completing notes, security agreements and other documents - Accounts receivable and inventory lending - Chattel paper, notes, machinery and equipment - Direct and third party leasing - Collateral field examinations - Factoring

Construction Law for Design Professionals, Construction Managers and Contractors

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Author: Justin Sweet,Marc M. Schneier,Blake Wentz

Publisher: Cengage Learning

ISBN: 1111986908

Category: Technology & Engineering

Page: 640

View: 8398

CONSTRUCTION LAW FOR DESIGN PROFESSIONALS, CONSTRUCTIONS MANAGERS AND CONTRACTORS is a condensed -- and completely revamped -- version of the bestselling authority on engineering law, LEGAL ASPECTS OF ARCHITECTURE, ENGINEERING AND THE CONSTRUCTION PROCESS (now in its 9th edition) by Justin Sweet, Marc M. Schneier and Blake Wentz. For this new book, the authors have directed the text at engineering, architecture and construction management students. Given the authors' long and deep understanding of the intersection between the law and the construction industry, professors and students can trust this text is unparalleled. The addition of Blake Wentz to the author team emphasizes the commitment to the field. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.

Making Money in Construction

A Guide for Contractors and Subcontractors

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Author: Robert Baldwin

Publisher: N.A

ISBN: 9780578082530

Category:

Page: 180

View: 9812

This book covers the business aspects of construction, and is written for general contractors as well as subcontractors. Subjects examined in depth include the following: Sales Techniques and Strategies: Includes a basic sales plan and 15 key sales tactics to be used in negotiations with clients. There is also an extensive section devoted to closing techniques. The advice contained in this chapter will increase builders' closing percentages and help them avoid wasting time on customers who will never buy. Estimating: This chapter presents the only estimating formula a builder will ever need and gives precise information on how to figure overhead and profit into their estimates. This section also examines the differences between estimating for remodeling and for new construction. Advertising, Website Design, and Social Media: Discusses the extent to which each trade should use traditional advertising media, presents a case for a reduced emphasis on traditional advertising in general, and sets forth 8 ways to achieve an alternative to conventional advertising that will increase the size and quality of the response. Also covers website design and optimization, and social media, in depth. Kitchen Design and Cabinetry: This section contains an overview of the most important area of knowledge for remodeling contractors, that is, kitchen design, and presents the basics of the technical aspects of cabinetry and dealerships. Accounting, Tax Avoidance and Record Keeping: Discusses the advantages and disadvantages of the different business forms and accounting methods, gives the procedures for forming sole proprietorships, partnerships and corporations, and examines how each affects taxes. The Legal Aspects of Construction: Covers lien law and the legal relationship between the contractor and his clients, and details the provisions contained in construction contracts. This book also contains a general construction contract, a contract for use between contractors and subcontractors, and a construction management agreement. Subjects also covered in this book are employee relations, bankruptcy options, survival strategies, and a discussion about trends and influences that will impact the future of the industry.

Integrating Project Delivery

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Author: Martin Fischer,Atul Khanzode,Dean Reed,Howard W. Ashcraft

Publisher: John Wiley & Sons

ISBN: 0470587350

Category: Architecture

Page: 480

View: 6106

A revolutionary, collaborative approach to design and construction project delivery Integrated Project Delivery is the first book-length discussion of IPD, the emergent project delivery method that draws on each stakeholder's unique knowledge to address problems before they occur. Written by authors with over a decade of research and practical experience, this book provides a primer on IPD for architects, designers, and students interested in this revolutionary approach to design and construction. With a focus on IPD in everyday operation, coverage includes a detailed explanation and analysis of IPD guidelines, and case studies that show how real companies are applying these guidelines on real-world projects. End-of-chapter questions help readers quickly review what they've learned, and the online forum allows them to share their insights and ideas with others who either have or are in the process of implementing IPD themselves. Integrated Project Delivery brings together the owners, architect, engineers, and contractors early in the development stage to ensure that problems are caught early, and to address them in a collaborative way. This book describes the parameters of this new, more efficient approach, with expert insight on real-world implementation. Compare traditional procurement with IPD Understand IPD guidelines, and how they're implemented Examine case studies that illustrate everyday applications Communicate with other IPD adherents in the online forum The IPD approach revolutionizes not only the workflow, but the relationships between the stakeholders – the atmosphere turns collaborative, and the team works together toward a shared goal instead of viewing one another as obstructions to progress. Integrated Project Delivery provides a deep exploration of this approach, with practical guidance and expert insight.

Building Failures

Diagnosis and avoidance

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Author: W.H. Ransom

Publisher: Routledge

ISBN: 1135920796

Category: Architecture

Page: 192

View: 2906

In recent years building failures and the resulting lawsuits and awards for damages have frequently been in the news. The biggest headlines may have been reserved for structural failures and complete collapses, but we should not forget the less newsworthy failures such as leaky roofs, damp walls, dropped foundations and rotted timber. This book gives practical guidance on the prevention of failure by describing the nature and cause of the most common defects in buildings, and then shows how they should be avoided in design and construction.

Code Check

An Illustrated Guide to Building a Safe House

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Author: Douglas Hansen,Redwood Kardon,Paddy Morrissey

Publisher: Taunton Press

ISBN: 1600850456

Category: Architecture

Page: 30

View: 6514

Designed to emphasize the central life-safety principles that underscore building codes throughout the United States, this updated sixth edition of the essential Code Check guide provides all the information that builders need to avoid the most common code violations. Featuring laminated pages and a spiral-bound spine that lies flat, this reliable reference reflects the most up-to-date changes in the current International Residential Code. Covering foundations, framing, plumbing, wiring, interior and exterior walls, fireplaces, and chimneys, the flipbook is also cross-referenced to the Uniform Plumbing Code, the Uniform Mechanical Code, and the National Electrical Code. This tough-as-nails new edition belongs on every job site.

Understanding Construction Contracts

Canadian and International Conventions

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Author: Akhtar Surahyo

Publisher: Springer

ISBN: 3319666851

Category: Technology & Engineering

Page: 246

View: 8887

This book provides an overall understanding of construction contracts, explaining a range of topics with in-depth examples, allowing engineers, site managers, architects, contractors, and other construction professionals in search of information on construction contracts to find it in one place. The volume further serves as a learning tool and a reference guide for students and instructors. Adopting a primarily Canadian perspective, the book provides references from two Standard Contract Documents CCDC (Canadian Construction Document Committee) and FIDIC (International Federation of Consulting Engineers) and briefly describes other major contract documents used within USA and UK construction industries.

Fundamentals of Construction Estimating

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Author: David Pratt

Publisher: Cengage Learning

ISBN: 1337399396

Category: Education

Page: 496

View: 6431

This comprehensive resource offers thorough instruction on the principles of construction estimating and helps readers develop the skills they need to become professional estimators. FUNDAMENTALS OF CONSTRUCTION ESTIMATING, Fourth Edition, presents estimating procedures in a straightforward and engaging way, clearly explaining key processes of estimating and costing construction work such as quantity takeoff; pricing of contractor work, sub-trade work, and site overhead; and compiling bid documents. In addition, the text includes drawings of two major projects--one residential and one commercial--to guide readers through a complete estimating process that can be followed by various trades on many different types of construction projects. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.

Managing the Profitable Construction Business

The Contractor's Guide to Success and Survival Strategies

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Author: Thomas C. Schleifer,Kenneth T. Sullivan,John M. Murdough

Publisher: John Wiley & Sons

ISBN: 1118837134

Category: Technology & Engineering

Page: 288

View: 3578

Take control of your construction contracting business and manage it through the natural highs and lows of the construction market. Learn from a team of construction business veterans led by Thomas C. Schleifer, who is commonly referred to as a construction business "turnaround" expert due to the number of construction companies he has rescued from financial distress. His financial acumen, combined with his practical, hands-on experience, has made him a sought-after private consultant. His experience and no-nonsense philosophy have truly given him a unique perspective. Important topics covered include: Understanding the primary areas of construction business failure in the next decade Minimizing business risk with real-world examples Developing a positive and competent management attitude and strategy Discover how to maneuver through this complicated and risky industry by using the authors' research and proven success strategies to sustain and grow your business.

Construction Estimating Using Excel

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Author: Steven Peterson

Publisher: Pearson

ISBN: 9780134405506

Category: Technology & Engineering

Page: 480

View: 9336

For beginning to intermediate courses in construction estimating in two- and four-year construction management programs. A step-by-step, hands-on introduction to commercial and residential estimating Construction Estimating with Excel, 3/e, introduces readers to the fundamental principles of estimating using drawing sets, real-world exercises, and examples. The book moves step-by-step through the estimating process, discussing the art of estimating, the quantity takeoff, how to put costs to the estimate, and how to finalize the bid. As students progress through the text they are shown how Microsoft Excel can be used to improve the estimating process. Because it introduces spreadsheets as a way of increasing estimating productivity and accuracy, the book can help both beginning and experienced estimators improve their skills. The Third Edition gives students a broader understanding of construction estimating with a new chapter discussing the role that estimating plays in different project delivery methods and in the design process and how to use data from RSMeans. To bring the book up to date, the material and equipment costs and labor rates have been updated to reflect current costs, and the discussion of Excel (including the figures) is based on Excel 2016. Additionally, content throughout the book has been updated to align to ACCE and ABET student learning outcomes. Student resources are available on the companion website www.pearsonhighered.com/careersresources/ .

White by Law

The Legal Construction of Race

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Author: Ian Haney Lopez

Publisher: NYU Press

ISBN: 0814736947

Category: Law

Page: 263

View: 6942

"Whiteness pays. As White by Law shows, immigrants recognized the value of whiteness and sometimes petitioned the courts to be recognized as white. Haney Lspez argues for the centrality of law in constructing race."--Voice Literary Supplement"White by Law's thoughtful analysis of the prerequisite cases offers support for the fundamental critical race theory tenet that race is a social construct reinforced by law. Haney Lspez has blazed a trail for those exploring the legal and social constructions of race in the United States."--Berkeley Women's Law JournalLily white. White knights. The white dove of peace. White lie, white list, white magic. Our language and our culture are suffused, often subconsciously, with positive images of whiteness. Whiteness is so inextricably linked with the status quo that few whites, when asked, even identify themselves as such. And yet when asked what they would have to be paid to live as a black person, whites give figures running into the millions of dollars per year, suggesting just how valuable whiteness is in American society.Exploring the social, and specifically legal origins, of white racial identity, Ian F. Haney Lopez here examines cases in America's past that have been instrumental in forming contemporary conceptions of race, law, and whiteness. In 1790, Congress limited naturalization to white persons. This racial prerequisite for citizenship remained in force for over a century and a half, enduring until 1952. In a series of important cases, including two heard by the United States Supreme Court, judges around the country decided and defined who was white enough to become American.White by Law traces the reasoning employed by the courts intheir efforts to justify the whiteness of some and the non- whiteness of others. Did light skin make a