VOLUME 5   ISSUE 16   APRIL 22, 2016

 

By Bruce Jervis

 

Prime contractors are frequently required to release retained subcontract payments when the project owner releases retained prime contract payments to the contractor. This obligation may be imposed by the terms of the subcontract or it may be imposed by a “prompt payment” statute. In either case, the rationale is that the subcontractor’s portion of the retainage should be passed through to the sub once the owner is no longer retaining those funds to assure project completion. Read more.

 

Featured…


 

Green Beans and Ice Cream

By Patti Wysocki

 

At the recent AGC convention, Bill Sims presented a session on the subject of his book, “Green Beans & Ice Cream: The Remarkable Power of Positive Reinforcement.”

 

You might be asking yourself what green beans and ice cream have to do with positive reinforcement. Or for that matter, what does it have to do with construction. Read more


 

Actually, the equipment involved were front end loaders.  Nevertheless, it's hard to believe this actually happened.  A dispute among workers on a construction project resulted in a street brawl with six clashing bulldozers. Read more.

 


 

 

 

 

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