construction contracting

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Financial Management In Construction Contracting

Author : Andrew Ross
ISBN : 9781118537978
Genre : Technology & Engineering
File Size : 37. 25 MB
Format : PDF, Kindle
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This authoritative text provides a detailed insight into how construction companies manage their finances at both corporate and project level. It will guide students and practitioners through the complexities of the financial reporting of construction projects within the constraints of accepted accounting practice. The book is written for non-accountants and from a contractor’s perspective and is equally relevant to subcontractors and main contractors. The authors examine the relationship between the external annual accounts and the internal cost-value reconciliation process. CVR is covered in depth and the authors consider issues such as interim payments, subcontract accounts, contractual claims, final accounts, cash flow management and the reporting of the physical and financial progress of contracts. A broad perspective of all the financial aspects of contracting is taken along with related legal issues and the authors explain how things operate in the ‘real world’. They describe good practice in financial control while at the same time being honest about some of the more questionable practices that can - and do - happen. The approach taken is unique as the financial management of construction projects is considered from the perspective of the contractor’s quantity surveyor. The book deals with the real issues that surveyors have to address when using their judgment to report turnover, profitability, cash flow, and work in progress on projects and the financial problems faced by subcontractors are frankly and pragmatically explored. The payment and notice requirements of the Construction Act are explained in detail and relevant provisions of JCT2011, NEC3, ICC, DOM/1 and other standard contracts and subcontracts are also covered. Financial Management in Construction Contracting addresses the wide variety of external factors that influence how construction companies operate, including government policy, banking covenants and the financial aspects of supply chain management. Cost reporting systems are described and real-life examples are used to illustrate cost reports, accrual systems and how computerised systems can be employed to provide the QS with information that can be audited. Examples drawn from practice demonstrate how work-in-progress (WIP) is reported in contracting. Cost value reconciliation reports are featured and the book demonstrates how adjustments are made for overmeasure, undermeasure, subcontract liabilities and WIP as well as explaining the processes that contractors use when analysing external valuations. This is the ideal core text for final year degree and post-graduate level modules on Quantity Surveying, Commercial Management, Construction Management and Project Management courses and will provide an invaluable source of reference for quantity surveyors and others who may be engaged in the financial management of construction projects. The book’s companion website at www.wiley.com/go/rossfinancialmanagement offers invaluable resources for students and lecturers as well as for practising construction managers: end-of-chapter exercises + outline answers PowerPoint slides for each chapter ideas for discussion topics links to useful websites

Construction Contracting

Author : Richard H. Clough
ISBN : 9781119019978
Genre : Technology & Engineering
File Size : 48. 12 MB
Format : PDF, Mobi
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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 Contracting

Author : James J. Adrian
ISBN : PSU:000045787812
Genre : Technology & Engineering
File Size : 82. 35 MB
Format : PDF, Mobi
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Construction Contracting

Author : Stuart H. Bartholomew
ISBN : STANFORD:36105110422891
Genre : House & Home
File Size : 85. 75 MB
Format : PDF, ePub
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Exceptionally practical and authoritative, this introduction to construction contracting as it applies to typical, every-day situations explains “theoretical” ideas in terms of what really happens in practice. It emphasizes the more common case law holdings and industry customs that help avoid troublesome legal issues during the completion of a project. Chapter topics cover the law and the construction industry; contract formation, privity of contract, and other contract relationships; an overview of the prime contract—its format and major components; owner-construction contractor prime contract “red flag” clauses; labor agreements; purchase order and subcontract agreements; insurance contracts; surety bonds; joint-venture agreements; bid and proposals; mistakes in bids; breach of contract; contract changes; differing site conditions; delays, suspensions, and terminations; liquidated damages, force majeure, and time extensions; allocating responsibility for delays; constructive acceleration; common rules of contract interpretation; documentation and records; construction contract claims; and dispute resolution. For construction managers and other industry professional concerned with legal and business aspects of construction and construction contracting.

Construction Contracting Business And Legal Principles

Author : CTI Reviews
ISBN : 9781619059429
Genre : Education
File Size : 74. 45 MB
Format : PDF, ePub
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Facts101 is your complete guide to Construction Contracting, Business and Legal Principles. In this book, you will learn topics such as THE PRIME CONTRACT-AN OVERVIEW, PRIME CONTRACT-OTHERT AND MAJOR COMPONENTS, OWNER-CONSTRUCTION CONTRACTOR PRIME CONTRACT RED FLAG CLAUSES, and LABOR AGREEMENTS plus much more. With key features such as key terms, people and places, Facts101 gives you all the information you need to prepare for your next exam. Our practice tests are specific to the textbook and we have designed tools to make the most of your limited study time.

Managing Overseas Construction Contracting

Author : D. A. Langford
ISBN : 0727720295
Genre : Technology & Engineering
File Size : 79. 95 MB
Format : PDF, Kindle
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This book addresses the practical aspects of international construction. Increasingly the world is occupied by clients seeking construction work on a global basis - designers from one country, contractors from another, materials and subcontractors from yet others. In such complex multi-organisational and cross-cultural setting the management of the construction environment and process is likely to create formidable challenges. This book outlines the best approaches for the best results in addressing these challenges. This book is of interest to undergraduates and graduates specialising in the built environment, development economics or project management, while practitioners in construction and finance, bankers and civil servants may also profit from the ideas it contains.

Federal Construction Contracting Made Easy

Author : Stan Uhlig
ISBN : 9781523097081
Genre : Business & Economics
File Size : 70. 39 MB
Format : PDF, ePub, Mobi
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Follow the Path to Success in Federal Construction Contracting Opportunities abound in federal government construction contracting, but the devil is in the details. Companies performing work for the federal government must plan and operate based on very specific guidelines and regulations. Knowing how to work within those strict parameters makes the difference between success and failure. Federal Construction Contracting Made Easy is your road map to successfully identifying, planning, and completing government construction projects. This book guides you in finding opportunities, preparing winning proposals, and staying in compliance on construction projects. It is the one resource you will need to work in this competitive arena. The book provides guidance on: • Understanding the Federal Acquisition Regulation and knowing when and how to use it for your benefit and protection • Preparing quality control and safety programs that comply with federal regulations and processes • Determining when a change order is required and how to price and properly process • Identifying a claim and knowing how to process it Federal Construction Contracting Made Easy is an invaluable resource for construction firms, architect/engineer firms, subcontractors, and vendors that want to do business with the federal government. Plus! A handy glossary of terms is included. Bonus: Federal Construction Contracting Made Easy: A Field Guide to the FAR is available as a supplement for project superintendents.

Federal Construction Contracting

Author : James F. Nagle
ISBN : UOM:39015022245719
Genre : Business & Economics
File Size : 89. 68 MB
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Construction Contracting

Author : Richard J. Bednar
ISBN : 0935165185
Genre : Law
File Size : 55. 98 MB
Format : PDF, ePub, Mobi
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Management Of Disadvantaged Business Enterprise Issues In Construction Contracting

Author : Dr. Gary R. Smith
ISBN : 9780309097451
Genre : Construction contracts
File Size : 52. 32 MB
Format : PDF, ePub, Docs
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