Executive Summary When an owner determines the method of award is that the low bid wins, they shouldn’t expect contingency in a contractor’s bid. Here’s what they should expect. What is Contingency? If you go to google.com and type in “definition of contingency” you...
Executive Summary The categorization of costs incurred in a changed condition scenario is critical in dispute resolution. Account for costs by issue and sub-issue by creating buckets of costs. Do it early! Here Come the Extra Costs When you (the contractor) experience...
Executive Summary There’s power in simplicity. Harness the power to more efficiently communicate in-house and with your clients. What’s in a Task? Each day we all show up to work and have to accomplish a task. There are usually two main components of a task:...
Mr. Jennings has decades of experience in the construction industry, from contractor to executive. Below are publications that have asked Mr. Jennings to provide his experienced-based insight on industry topics. Forecasting with Confidence – How Contractors Can Solve...
Executive Summary The word “incidental” is common to the construction industry and it can be damning if you’re not careful. Understand what you’re committing to when you enter that unit price in the bid proposal when it requires “all incidental costs be included”....
With the growing amount of technology being developed and used in the world and on construction sites today. It may seem daunting to start grasping and using these ideas out in the field. Below is a growing list of terms and recommendations related to construction...