Remove Building Performance Measurement Remove Contracts Remove General Contracting
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#136:  Fixed Price vs. “Cost Plus” Contracts: Some Considerations

NH Construction Law

When contracting parties agree to a fixed price or lump sum amount for a defined scope of work, the contractor is generally obligated to build that scope of work for that price regardless of what it costs him to do so or what unmentioned obstacles he may face. A measure of trust is accordingly essential in fixed price contracts.

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Army Job Order Contracts FAIL to meet AFARS requirements MOST OF THE TIME

Job Order Contracting

Army Job Order Contracts fail to meet critical AFARS requirements most of the time. The J OCPB (JOC Price Book: reflects the current local costs in detail for construction tasks expected to be performed in the geographical area of the base contract with the primary use of developing a detailed line-item price.

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Who is the Biggest General Contractor in the US: Industry Leaders Ranked

Building Radar

The US construction industry is home to some of the largest and most powerful general contractors in the world. But who exactly is the biggest general contractor in the US? According to recent data, Bechtel Corporation consistently ranks as the largest general contractor in the United States based on revenue.

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Construction Law 101: Essential for Builders and Renovators

CCR Magazine

Whether you’re building new structures or remodeling old ones, understanding construction law is crucial to keep your projects running smoothly and avoid any legal hiccups. We’ll cover the basics you need to know, from contracts and permits to safety regulations and dispute handling.

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How Blockchain is Revolutionizing Construction Supply Chain Management

Building Radar

Improved Efficiency : Smart contracts on the blockchain automate various processes, such as payments and deliveries, reducing delays and administrative costs. Contract Management Smart contracts are self-executing contracts with the terms of the agreement directly written into code.

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Ware Malcomb Announces Construction is Complete on DECISIO Health’s Corporate Headquarters in Houston

Civil + Structural Engineer

The team addressed the unique challenges of the project, which included the need for a variety of different workspaces, flexible use of square footage, and a high level of acoustic privacy through the use of multiple types of workstations, multi-use space, and high performance acoustic materials.

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Construction Procurement Optimization Strategies: Enhancing Efficiency and Reducing Costs

Building Radar

Understanding Construction Procurement Construction procurement involves acquiring goods, services, and contracts necessary for completing a construction project. Key Components of Construction Procurement Supplier Relationships Contract Management Cost Control Risk Management Strategies for Optimizing Construction Procurement 1.