To understand the benefits of a mechanics lien release form, essential for any new construction, remodel or renovation, you might ask what is a mechanics lien? A mechanic’s lien is an option offered through a state’s legislative policy that protects a general contractor or trade contractor from a non-paying or untimely paying owner for contracted…
Owners, contractors and subcontractors all agree that site conditions are an important part of the cost of construction. Site conditions will include both the characteristics of pre-existing structures as well as subsurface soil conditions in the area where new construction is to be performed. An owner’s goal is to make sure the project design is…
Construction delay claims pop up more frequently than not when working with general contractors or trade contractors. Since one of the key benchmarks for the success of a construction project is timely completion, then addressing how any construction delay will be handled in advance is to an owner’s benefit. Incorporating into a construction agreement what…
Express and implied warranties come in a wide variety of responsibilities depending on what type of construction contract you have for your project. A quality contractors warranty establishes the benchmark for that contractor’s execution of the work. An “express” form of construction warranty is simply an affirmation of something that a contractor warrants is true….
A construction contingency, as it relates to a build project, is a percentage of a contract value set aside for unpredictable changes in the scope of the work. Whether a construction contingency is added by a contractor to his estimate or is added as a percentage by an owner to his budget, both use it…
In any new construction, remodel or renovation project the accuracy of your project estimate is defined by the details presented in your scope of work. Without a detailed project scope, you are leaving it up to the bidding contractors to make assumptions on what you want. This may result in wide ranging cost estimates and will…
There is no single contract for contractors that would apply to any project. Scope of work, type of project, project size, number of trades involved, schedule for completion and a number of other considerations must be taken into account when establishing a contract. Contract may be awarded either as a single construction agreement for an…
Change orders in construction are a common occurrence in the construction process. Contractors will request change orders for any number of reasons. It could be a change in scope directed by you as the owner or it could be for overtime or weekend work not included in the original contract. It could be for schedule…
Overhead Costs – The Difference Between Direct and Indirect
Included in every estimate for any construction or reno...
Your Risk When a Contractor Does Not Pull Permits
Whether performing remodel work or new construction, wh...
Contractor Markup – What are you really paying?
Contractor markup is a given when hiring a contractor f...
Construction Contingency May Be a Point of Contention When Building
A construction contingency, as it relates to a build pr...
Construction Errors have a Claim Statute by State
Construction errors or defects can be simply described...
