Construction Contracting

Construction Contracting
Author: Richard H. Clough
Publisher: John Wiley & Sons
Total Pages: 692
Release: 2015-04-06
Genre: Technology & Engineering
ISBN: 1118693213

The definitive contracting reference for the construction industry, updated and expanded Construction Contracting, the industry's leading professional reference for five decades, has been updated to reflect current practices, business methods, management techniques, codes, and regulations. A cornerstone of the construction library, this text presents the hard-to-find information essential to successfully managing a construction company, applicable to building, heavy civil, high-tech, and industrial construction endeavors alike. A wealth of coverage on the basics of owning a construction business provides readers with a useful "checkup" on the state of their company, and in-depth exploration of the logistics, scheduling, administration, and legal aspects relevant to construction provide valuable guidance on important facets of the business operations. This updated edition contains new coverage of modern delivery methods, technology, and project management. The field of construction contracting comprises the entire set of skills, knowledge, and conceptual tools needed to successfully own or manage a construction company, as well as to undertake any actual project. This book gives readers complete, up-to-date information in all of these areas, with expert guidance toward best practices. Learn techniques for accurate cost estimating and effective bidding Understand construction contracts, surety bonds, and insurance Explore project time and cost management, with safety considerations Examine relevant labor law and labor relations techniques Between codes, standards, laws, and regulations, the construction industry presents many different areas with which the manager needs to be up to date, on top of actually doing the day-to-day running of the business. This book provides it all under one cover – for the project side and the business side, Construction Contracting is a complete working resource in the field or office.

Construction Contractors' Survival Guide

Construction Contractors' Survival Guide
Author: Thomas C. Schleifer
Publisher: John Wiley & Sons
Total Pages: 182
Release: 1991-01-16
Genre: Technology & Engineering
ISBN: 9780471513247

The turnover rate for companies in the construction industry is high. This book identifies the ten key elements of contractor failure and shows how to avoid them. Each element of failure is defined, illustrated by real examples, and ways are discussed to avoid or minimize the risks involved. The final chapter shows how to bring all these elements together to develop a positive and workable management strategy. This survival guide should prove invaluable to the 1.4 million individual construction-industry businesses in this country.

Understanding and Negotiating Construction Contracts

Understanding and Negotiating Construction Contracts
Author: Kit Werremeyer
Publisher: John Wiley & Sons
Total Pages: 390
Release: 2023-07-19
Genre: Law
ISBN: 1394150202

Understanding and Negotiating Construction Contracts The complexities of construction contracts are made easy with this thorough and readable guide Construction contracts can be complex for both owners and contractors. For contractors, negotiating fair and balanced commercial terms in contracts is just as important as properly managing projects; a properly negotiated contract can mitigate unnecessary risk and unnecessary risk transfer. This, in turn, reduces exposure to financial liability for the contractor and for avoidance of contract claims and disputes. Understanding and Negotiating Construction Contracts provides a comprehensive and readable introduction to the world of construction contracts. Providing, for example, coverage of the four most common types of contracts—lump sum/fixed-price, cost-plus, time-and-materials, and unit-pricing—it promises to reduce uncertainty and allow contractors to enter contractual negotiations with greater confidence to be able to achieve a fair and balanced contract. This updated new edition reflects the up-to-date best practices to understand how to better negotiate the commercial terms and conditions in construction contracts. Readers of the second edition of Understanding and Negotiating Construction Contracts will also find: Updated information on indemnity, insurance, and negotiation An all-new chapter with a contract analysis checklist Real-world examples drawn from small residential, retail, large commercial, and international projects Understanding and Negotiating Construction Contracts is essential for construction professionals and college students studying construction contracts and the liabilities arising out of them.

Paper Contracting

Paper Contracting
Author: William D. Mitchell
Publisher:
Total Pages: 270
Release: 2012
Genre: Law
ISBN: 9781572182707

Risk, and the headaches that go wit it, have always been a major part of any construction project -- risk of loss, negative cash flow, construction claims, regulations, excessive changes, disputes, slow pay -- sometimes you'll make money, and often you won't. But many contractors today are avoiding almost all of that risk by working under a construction management contract, where they are simply a paid consultant to the owner, running the job, but leaving him the risk. This manual is the how-to of construction management contracting. You'll learn how the process works, how to get started as a CM contractor, what the job entails, how to deal with the issues that come up, when to step back, and how to get the job completed on time and on budget. Includes a link to free downloads of CM contracts legal in each state.

Construction Contractors: Accounting and Auditing

Construction Contractors: Accounting and Auditing
Author: James Wiedemann
Publisher: John Wiley & Sons
Total Pages: 224
Release: 2020-07-15
Genre: Business & Economics
ISBN: 1119746574

With construction activity increasing and significant changes to the revenue recognition model, it is more important than ever for accountants and financial managers to be on top of the very latest in accounting and auditing changes for the construction industry. This guide examines the most recent updates and key issues impacting construction accounting and auditing. It covers new changes as a result of FASB ASU 2014-09, it also explores the relationship between the contractor and the surety.

Managing the Profitable Construction Business

Managing the Profitable Construction Business
Author: Thomas C. Schleifer
Publisher: John Wiley & Sons
Total Pages: 288
Release: 2014-02-21
Genre: Technology & Engineering
ISBN: 1118837134

Take control of your construction contracting business and manage it through the natural highs and lows of the construction market. Learn from a team of construction business veterans led by Thomas C. Schleifer, who is commonly referred to as a construction business "turnaround" expert due to the number of construction companies he has rescued from financial distress. His financial acumen, combined with his practical, hands-on experience, has made him a sought-after private consultant. His experience and no-nonsense philosophy have truly given him a unique perspective. Important topics covered include: Understanding the primary areas of construction business failure in the next decade Minimizing business risk with real-world examples Developing a positive and competent management attitude and strategy Discover how to maneuver through this complicated and risky industry by using the authors' research and proven success strategies to sustain and grow your business.

Audit and Accounting Guide: Construction Contractors, 2018

Audit and Accounting Guide: Construction Contractors, 2018
Author: AICPA
Publisher: John Wiley & Sons
Total Pages: 392
Release: 2018-09-14
Genre: Business & Economics
ISBN: 1119557623

Considered the construction contractors industry standard resource, this 2018 edition is packed with information on new requirements and relevant changes to the FASB Accounting Standards Codification, including a high-level look at FASB ASU Nos. 2014-09, Revenue from Contracts with Customers and 2016-02, Leases. Further, as an Appendix to Chapter 2, Contract Accounting, the guide contains the views of the AICPA's Revenue Recognition Task Force and Financial Reporting Executive Committee on the implementation of FASB ASU No. 2014-09. Whether you are in public accounting, performing assurance services, or operate in the industry, this resource has the information you need to perform at your best. Highlighting practical tips and industry specific guidance, this guide provides value from simple accounting to joint venture creation and takes a deep dive into industry specific auditing procedures. With two complete sets of financial statements and disclosures, it provides an industry accepted blueprint from where to start, or a reference for auditing the final product.

The Most Common Laws That Construction Contractors Violate

The Most Common Laws That Construction Contractors Violate
Author: Trevor Clinger
Publisher: Trevor Clinger
Total Pages: 13
Release: 2024-09-27
Genre: Law
ISBN:

In "The Most Common Laws That Construction Contractors Violate," gain vital insights into the legal pitfalls that can impact your construction projects. This comprehensive guide explores the key regulations frequently overlooked by contractors, from safety violations to contract disputes and environmental compliance. Packed with real-life examples and practical advice, this book equips construction professionals with the knowledge to navigate complex legal landscapes, mitigate risks, and maintain compliance. Whether you’re a seasoned contractor or just starting out, this essential resource will help you safeguard your business and ensure successful project execution while avoiding costly legal troubles. Stay informed and build with confidence!