Claims administration can be tedious. And many personnel view the activity as “unproductive.” This does not mean, however, that it is unimportant. The careful administration of the claims process protects a contractor’s rights under the contract and preserves the profit margin on a job. The claims procedure under federal government contracts is particularly formal. Failure to comply will deprive a court or administrative board of jurisdiction to hear an appeal from the denial of the claim by a government contracting officer. The contractor is essentially left without a remedy. One contractor recently faced dismissal from court because the contractor had revised the amount of its claim (reduced it, in fact) without recertifying the accuracy and completeness of the claim.
The contractor in question survived the challenge, but there is a lesson here. A contractor must
The promise of Design-Build has been shorter schedules with fewer disputes. In theory, having the contractor and designer on the same team should eliminate the bulk of construction disputes: contract interpretation, design clarifications, RFIs and coordination issues, and reduce others such as differing site conditions.
In addition, the owner should realize other benefits by having contractor input during the design stage, the elimination of the contractor selection phase and the ability to start construction before 100% design completion. Has the reality measured up? Is design-build the way to go? What are the caveats? Where are the crevasses and sinkholes? Join Mike Loulakis on June 3rd at 1:00 EPT for this exclusive webinarto get answers to these intriguing questions: Click Here for Details.
Mike Loukakis, author of Design-Build: Lessons Learned, reviews the case law landscape over the past 15 years of design-build. He will reveal his findings based upon more than 500 design-build cases to show you the way to successfully navigate a design-build project:
A recently completed remodeling project in Munster, Ind., is the first home remodel to earn certification under the National Green Building Standard, the National Association of Home Builders (NAHB) announced today.
The 1,100-square-foot ranch home built in 1974 was renovated by Lyng Builders, a custom home building and remodeling company, after floodwaters filled the basement as well as two feet of the first floor.
Working within a tight budget to repair substantial structural damage, Lyng Builders also persuaded the home owner to make improvements that can help save on utility bills by decreasing energy and water
One bad project can bring down a company,” said Harold Dorbin, senior vice president of Marsh’s Construction Consulting Practice, at last week’s Project Management Institute College of Scheduling (PMICOS) conference. This explains why Marsh, a construction insurer, is so big on risk assessment and analysis. The company has developed formal procedures and metrics to help contractors and owners develop risk management programs, as well as assist Marsh in its own review and contract oversight.
What is Project Governance?
Project Governance is the measured capacity of executive management to have a positive influence on the outcome of a project. Good Project Governance provides predictability in how management's project adjustments will affect the outcome of each project management process. Project governance begins in It starts by asking some simple questions: