Self-performance does create additional revenue streams for the general contractor and you do need to address this.
The AIA is the predominant source for standard forms, but it isn't the only source.
When we consider how to save costs in construction, we are essentially trying to avoid paying extra costs.
This latest 2017 edition of the AIA Contract Documents is the sixteenth edition of these documents.
Low-ball contractor's win bids with the intention of making up losses through change orders.
Using PBA's will require significant adjustments and all parties will need to rethink how they operate.
Owner's will begin to see the value and one day, managing a project in any other way will seem impractical.
Tania and I will be addressing the topic of Artificial Intelligence and Cognitive technology in procurement and construction.
The SEC's focus on these issues foretells of major changes for construction in the future.
You should bear that in mind and recognize that your payment is always a form of reimbursement.
The category knowledge that these tools will draw from to generate their insights currently resides with guys and gals like me.
Unit pricing tends to rise as the scale of the project reduces.