Executive summary. Most contractors use letters to communicate significant events in a project. Use letters to tell. Use RFIs to ask. Letters for when and for what. Generally speaking, during a construction project, letters are used by contractors to owners at...
“Boosting” Job Profits on Equipment Purchase – on Paper
Executive summary. Whether in a bid situation or a change order negotiation, there is a way to boost your profit on paper by not “job costing” your equipment. Let’s talk depreciation. And whatever you do, make sure to talk to your CPA after reading this. It’s much...
Project Parties – Who does what?
Executive summary. The management structure of sizable projects usually involves four major parties: the owner, the construction manager, the designer, and the contractor. Here’s how project management is structured and what the parties’ responsibilities are in two...
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...
Notice: Writing the Letter
Executive summary. There’s almost nothing more important than notifying your client, in accordance with the Contract, of a time and/or cost impact. Learn how to do it here. What is “notice” and why is it so important? If you had a contractor working on your home and...