Executive summary. Many folks make changes based on temporary pains. More often than not, better the devil you know that the devil you don’t. The problem. It happens with a girlfriend, a new service provider, or a material supplier. You’ve been in...
Estimating: It’s an Art and a Science
Executive summary. Construction estimating isn’t wholly about the numbers. It involves a “feel” in its execution. This is why many say estimating is an art and a science. What is estimating? An estimate is just that. An estimate. Not an exactimate. Getting low on bid...
Bond Premium and the Project Time Extension
Executive summary. Most traditional bond rates have two variables in their cost: the contract value and the time threshold. Do not forget to include both in time extension negotiations. What’s in a bond rate? The bond rate from your surety agent comes in two parts:...
Video Conferencing Softwares: a Quick Review
Executive summary. Many video conferencing softwares are in existence. Which one suits you best? Which ones are easiest to use? Here’s one users’ opinion. What do these softwares do? The concept is simple: hold a “face-to-face” meeting with colleagues from anywhere...
Dear Owner, No Change Orders Thank You
Executive summary. Most Project Owners are convinced that Contractors thrive on change orders. The truth is that most would prefer to have none. Read below a sort of open letter to Owners. Speed. I feel the need, the need for speed [QR]. Mr. Owner, when I signed this...
I Didn’t Ask for a Lamborghini
Executive summary. Extra work on a construction project must be delivered at fair and reasonable prices. Owners should know they have this right in their Contract, and Contractors should know the owners have this right too. Here comes the extra work. A new scope of...