Executive Summary. Nothing is better than getting your kids interested in what you do for a living by reading to them to sleep at night about the glorious business of asphalt milling! Then fill it back in with asphalt! Good times! Try reading fun rhymes to them in...
Why to Get a Contractor’s License
Executive Summary. Operating without a contractor’s license can be anywhere from inconvenient to illegal. Hear here why you should consider obtaining a license. Why do I need a license? More than a handful of contractors run their business out of the front seat of...
Project Loss Insurance: Heard of It?
Executive Summary There exists an insurance product to mitigate the risk associated with catastrophic failure of a construction company. It’s called Project Loss Insurance. Tell me more about this insurance. Project Loss Insurance (PLI) is a product that covers...
Trained or Untrained? Being Claim-Ready
Executive Summary Contractors that deal with tough projects, tough clients, and/or tough contracts need to be in a mindset of always being claim-ready. Here’s the start to being trained and claim-ready. When you say “claim”-ready, you mean? A “claim” in this context...
The Leonard Curves: Another Tool in Labor Loss Quantification
Executive Summary Charles Leonard performed a study which resulted in the Leonard Curves. These curves may be a helpful tool to quantify your labor productivity loss due to cumulative impacts on your project. The Deeper Dive Revay and Associates Limited out of Canada...
Bucketing – the Proper Claim Accounting Method
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...