One of the strategies for maximizing the value of capital is to extend payment terms.
This process occurs before the contractor presents an invoice.
Substantial completion is the single most important date of any project.
A lien is a legal document that imparts ownership onto a third party until a specific debt is paid.
Johnston is so focused on procurement that he has completely overlooked the rest of the findings.
You can download a PDF version of my ProcureCon presentation here.
This infographic shares the various supplier profiles available and assesses the pros and cons of each.
Design for Manufacturing and Assembly is a delivery model that could, "change the industry...to build better quality housing on time and at speed."
Failing to perform any of these duties...could elevate your risks, delay your project, and increase your costs.
Since the fall of Carillion, the construction industry has been actively seeking a change.
California is the first locality to adopt the code, but the creators of the code hope to make it a global standard.
If you have read any of the books on either of my lists, I would love to hear what you thought.