Timing is everything

Money makes the world go round. This is particularly true when it comes to a construction project. Think of all the different stakeholders involved and the different financial requirements of each: Employees Sub Contractors General Contractor Owners juggling the financing Consultants and Project Managers Banks (covering everyone from employee mortgages, to general contractor loans, to […]

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Bonding or insurance?

An addition to an existing school valued at around $1M was out to tender. This was Robert’s first major project after starting his own firm, and as a newly registered architect he was still feeling his way around the world of tendering and contract administration. This was also the first time he had written specifications

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Black sheep – change directive

Black sheep – change directive

It’s a pretty good chance that your construction project is going to encounter changes, and that you are familiar with the change order (CO) process, but on the odd occasion a change directive (CD) may be required. Do you know the difference? Test your knowledge – which of the following statements below are true? A

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