by Gaurav Mehrotra | May 8, 2020 | Cost Controls, Podcast, SJCC
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:...
by Gaurav Mehrotra | Apr 10, 2020 | Communication, News, Podcast
Executive summary. Most contractors use letters to communicate significant events in a project. Use letters to tell. Use RFIs to ask. Letters for when and for what. Generally speaking, during a construction project, letters are used by contractors to owners at...
by Gaurav Mehrotra | Mar 12, 2020 | Contracts
Executive summary. Ensure that before you sign a change order, all of the necessary components of your negotiation are included. Here’s what to look for in a change order before you sign it. And don’t forget – you don’t have to sign it. What is a change order? It’s a...
by Gaurav Mehrotra | Jul 31, 2019 | Claims, Podcast, SJCC
Executive Summary. How many RFIs (requests for information) are too many on a construction project? Is it time, is it possible, to tie the number of RFIs on a job to the cost impact suffered by a contractor? What is an RFI? “RFI” is an acronym standing for Request for...
by Gaurav Mehrotra | Jul 26, 2019 | CEO / Owner
Executive Summary. Time for any business is critical, perhaps more so in construction than many other industries. The role of time and its effect on a contractor are discussed here. Cash is king. Most construction companies have seen times when cash has been tight. If...
