Hiring party: The hiring party is the person or entity that contracted with the Claimant to work on a construction project. This is often a project’s general contractor, though subcontractors can also hire other parties to work on a project, like a sub-subcontractor, a material supplier or ...
Typically, contractors and subcontractors must submit credit references and other proof that they can provide a quality product, as well as adequately staff their scope of work, before they can even bid on a project — or at least before the contract is executed. The requests for background ...
One thing that the Construction Project Manager’s whom we spoke with stressed was to be selective when hiring; even when you are in a rush to find subcontractors, it is necessary to consider the following questions: Do you both have the same goals? How ambitious is the subcontractor to get...
How construction subcontractors view promotional toolsPresents information on the significance placed by construction subcontractors to various types of promotional tools.Phc Profit Report
InspectionsThe Superintendent and/or Project Manager conduct inspections and record non-conforming work and safety violations in adaily logor other report. The inspector recommends changes to work and/or safety practices to get back into compliance.Superintendent, Project Manager, GC, Subcontractors, Saf...
In the construction business, a general contractor typically organizes several subcontractors that specialize in specific trades. How Subcontracting Works Using the construction industry as an example, when a government body or a company wants to build or make repairs to infrastructure, it would usually...
s an essential element of construction project management that ensures projects are completed on time, according to standards, and within budget. That project team consists of multiple parties, including owners, architects, designers, general contractors, subcontractors, and suppliers. All must agree to...
being built,” says Martha Gaines, Senior Vice President of Aon Risk Solutions in the U.S. “The risk is concentrated in a few subcontractors and there's not enough capacity. We need to start thinking of alternate ways for contractors, subcontractors and the surety ...
What is a construction dispute? Construction disputes are disagreements between the parties involved in a contract. They most commonly arise in an owner and a contractor relationship, but can also emerge from suppliers, subcontractors, real estate developers, and architects. These disputes themselves ar...
The risk of financial loss is a common concern between owner-developers and head contractors (HCs) in construction. Owner-developers typically worry about the project going over budget, and head contractors (plus their subcontractors) often worry about not being paid for their time and effort. ...