Conclusion of a Construction Contract
A Successfully Completed Contract,
A Gratified Owner, and a Contented Contractor
By Arthur F. O’Leary, FAIA, MRIAI
This is the first of three articles discussing the final outcome of a construction contract in three possible ways. The first is based on the normal expectations of the owner and contractor: that the project has been completed to the mutual satisfaction of the contracting parties and they remain friends.
The second article in the trilogy considers the situation where the owner finds it necessary to eject a non-performing contractor and terminate the contract. It also covers the case where the owner finds it necessary to cancel the contract for convenience.
Technical Articles Archives |
New Takeoff Tool and Digitizer System Designed for Residential and Light Construction
For those who make a living in the residential and light commercial construction markets, versatility is a must. Constantly on the go, professionals in the building trades often travel from office to job site countless times during a typical day. Tools of the trade must be easy to transport. Addressing this need, Calculated Industries of Carson City, Nev., has introduced a new stand-alone digital takeoff tool called the Ultra Scale Master Pro. With this tool, users can measure data from blueprints, architectural plans and other scaled drawings to compute linear, area and volume values for lines, curves and shapes.
Archive | Read more
Automate the Estimating Process with ELECTROFIND™
Estimators know that the most time consuming portion of the bid is performing the “take-off”. ELECTROFIND™ by E/T Software, LLC is a tool that can save substantial time and reduce errors during the take-off stage of the estimate saving estimators and their company time and money.
Archive | Read more
Construction Cost Trends for 2007
Housing starts continue to decline significantly since last year. The effect of this housing downturn on construction spending overall is muted by significant increases in the non-residential sectors. Led by hotels, the commercial sector posted gains of over 15% in 2006 and continues to keep construction spending on an even keel for 2007. State and federal construction spending continues at a brisk pace and will help to compensate for the housing shortfall.
Insights Archive | Read more
The DCD 2007 Building Square Foot Cost Guide
For 50 years Design Cost Data magazine has been presenting actual projects with their real cost to build for preliminary estimating, cost modeling and more. The following guide, the DCD Sq. Ft. Cost Guide, has been assembled from projects in our database, the National Historical Building Cost Database, to provide the industry with a benchmark for future building costs.
Insights Archive | Read
|Case Studies Case Studies Archive|
• Children’s Health System Parking Deck & Data Center
• Devils Lake Terminal
Devils Lake, North Dakota
• Seward Middle School
• Irving Elementary School
Sioux City, Iowa
• Vocational Educational Facility
• Southpoint Surgery Center
• Carondelet Foothills Surgery Center
• 177 N. Main Street
• MEEMIC Insurance Company Headquarters
Auburn Hills, Michigan
• Davisville Church Addition
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