Executive Summary: A claim is made because a contractor has lost money and/or time on a project. The method is chosen by the contractor to substantiate these costs can vary. Some popular methods of calculating cost are presented. What and why do I have a claim? In a...
My Story I’ve written a couple posts about my superintendent Mike. This one involves another one of my superintendents in the past named Jon. Jon and I were running a good sized job at a large, public transportation facility. Of course, the location of this facility...
Executive Summary: The balance sheet says a great deal about a company. If you’re a business owner you better know how to read your own, as well as that of your clients and subcontractors. This week we discuss the Liabilities section. Just the basics. My recent...
I have not done the official research on what are the most common causes of success or failure in a construction claim, but I would bet that the quality of notification to your client is a leading indicator of success – or failure. I can tell you this with certainty:...
So, you want to start a construction business? Install tile, frame houses, lay pipe, move dirt, paint ceilings, wire fixtures, sweat pipe, hang drywall, tie rebar – one of these, right? Well, that’s the easy part. So is making money, right? After all, the economy’s...
We all hear on the news about this over political correctness and how everyone’s become so sensitive. Well, get over it. Sometimes people get a laugh at your expense. It doesn’t have to be mean – good fun is good fun. The year: 1990. The contractor: Peter Kiewit. The...