Executive Summary. Generally speaking, the cost associated with time loss on a contract are called extended performance costs. Here’s a brief talk on extended performance. What is extended performance? Let’s break down the term. Extended refers to the duration of the...
Executive Summary. There’s a different mindset between major league contractors and minor league contractors. Here’s three ways they differ. Graduating to the big leagues. You’re in the elite group when you score an A+ on all of the bonding 3 C’s: character,...
Executive Summary. If you’ve ever wanted to start your own construction company, here’s the process. What do you want to do? First thing to do is figure out what you want to do. Heavy/civil, window installation, frame houses, industrial coatings – what? This decision...
Executive Summary. Although great in concept, the low bid model of construction proposal award is severely flawed. Here’s a quick evaluation of the two primary evaluation methods used by Owners in the award of construction projects. You evaluate which is best for you,...
Executive Summary. The age old issue of whether or not the geotechnical information in, or associated with, the bid package can be relied upon has been in and out of courtrooms across the country. Perhaps the federal case which is the most well-settled on this matter...
Executive Summary. Parkinson’s Law states that “…work expands so as to fill the time available for its completion.” (Parkinson, C. N., The Economist, November, 1955) It explains worker behavior, but may not support well now an Owner’s quantitative offense to...