10 Ways Contractors Leave Money on the Table
It may be hard to admit, but most construction companies are leaving money on the table in some way on almost all of their jobs. It doesn’t matter if your...
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It may be hard to admit, but most construction companies are leaving money on the table in some way on almost all of their jobs. It doesn’t matter if your...
Back charges can be a scary part of the construction business. They’re often abused or misused and subcontractors can find themselves with their backs against the wall out of nowhere....
Excessive scope creep will hurt profit margins and give rise to payment disputes, so keeping the scope of work under control should be a priority.
When project changes cause a loss of productivity, disruption claims can restore the bottom line. Don't confuse them with delay claims, though.
Terminating a subcontractor for inadequate performance is a difficult decision. The process can be long, expensive and risky from a legal perspective. There are several potential consequences to consider when...
Terminating a contract can be an expensive and time-consuming process, but matters can become even worse when there's a wrongful termination.
The right to cure helps contractors, subs, and owners avoid defect claims and terminations, and granting the opportunity to cure is smart, regardless of any rights or requirements.
It might be tempting to fire a contractor or sub who's underperforming, but termination can be a tricky topic - particularly termination for cause.
Left unchecked, consequential damages could create extensive liability for construction businesses. Construction contracts should limit or at least clarify them, when possible.
Construction delays are among the most common disputes that arise on projects. However, the process of establishing and proving a delay claim can get complicated quickly. That’s why having a...