How to Protect Against Steel Price Increases
IT IS NEVER NICE to take advantage of someone elses misery, but the current horrendous problem of the steel industry in not being able to obtain reasonably...
Tough Insurance Market: What Can You Do?
YOU CANT PICK UP an industry publication these days without seeing headlines about the insurance crisis. Although some writers can legitimately be accused...
Yes, You Can Control Your Insurance Costs
WE ALL KNOW that insurance costs are based, in part, on the claims history of the insured. Risk can never be avoided entirely in construction, and there...
Be Careful How You Treat Time Limits
MOST CONTRACTS IN use these days in the construction industry contain clauses that have time limits in them to take action to give notice of claims, for...
Schedules of Values: More Valuable Than Ever
ANY CONTRACTOR who does commercial or complex residential work has had to either prepare or give input for a schedule of values. As used in many standard...
Bank Assignment Letters Are Serious Events
AS ECONOMIC TIMES get tougher, we are seeing more and more instances where banks are getting nervous about large outstanding lines of credit to their...
Don't Get Stuck Paying for Supplier's Warranty
LAST WEEK, A CLIENT called, pretty distraught, because an owner wouldnt release its retention until the contractor submitted a manufacturers warranty,...
Letters of Intent Are Popular But Limited
I HAVE WRITTEN before about this odd creature, the letter of intent, but the phone calls I get from clients convince me that there is still a lot of misunderstanding...
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