A lien is a legal document that imparts ownership onto a third party until a specific debt is paid.
Best Practices – Lien Waivers – How You Could Lose Your Home Without One.
Best Practices – Payment Management – How You Can Manage Construction Payments to Minimize Exposure and Risk.
In other words, they made payments to the contractor without knowing what these payments were for.
Best Practices – Uncommon Guidance – How to Stand Out from Your Peers and Win More Contracts.
The very best companies...are the ones with a focus on innovation.
ProcureCon Facilities 2019 – What Will We Share At This Year’s Conference?
ProcureCon Facilities is the only procurement conference dedicated to facilities services. This year they have a jam-packed agenda.
IBM – Infographics – How to Source Extruded Aluminum Storefront Systems.
At IBM Procurement Services (IPS) we provide procurement consulting services to a variety of Clients.
Best Practices – Supply Chain Integrity – How to Avoid Spending Your Time Fighting Fires.
Create a pool of suppliers that cover the broad spectrum of services.
Best Practices – Cost Levers – How to Reduce Cost in Construction?
When we consider how to save costs in construction, we are essentially trying to avoid paying extra costs.
Industry Watch – AIA Contracts – Why You May Not Be Able to Close Your Contracts This November.
This latest 2017 edition of the AIA Contract Documents is the sixteenth edition of these documents.
Industry Watch – Alliance Arrangement Models – What are They and How Do They Work
A unique method of creating a legal entity that falls short of forming a Joint-Venture (JV) yet goes further than typical construction agreements.
Best Practices – How Misalignments in Culture and Messaging May be Hurting Your Organization.
When corporate messaging isn't aligned with corporate culture, organizations fail and often the root cause is never uncovered.
Best Practices – An Open Discussion About an Architect’s Liability. What is a Rip and Tear Clause?
Rip and Tear clauses establish the Architect's liability to pay for costs that the Owner may incur.
Case Study – A Hotel That Costs too Much!? – Architect Pays Developer For Expensive Design.
The court found that Foster failed to “identify requirements and possible constraints" and "confirm key requirements and constraints”.