Cost Savings & Financial Matters

Construction Management: Proper Payment Procedures

by Jacklyn Wolf on October 2, 2013

Your contractor submits an invoice for payment. Whether your project is a simple service-call, or a multi-year construction project, it is critical that you pay only invoices that are accurate, complete, and accompanied by the proper documentation. Contract Negotiation & Terms. Before issuing any payment, verify that work invoiced is consistent with overall progress of […]

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Why retain a Construction Manager?  Large construction projects can be complex, with many “moving parts”.  A good Construction Manager is like the glue holding the process together, educating and leading Owners through the challenges of design and construction.  The benefit of an independent team of professionals managing the project is enormous.  A professional Construction Manager will: […]

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Schedule, scope and cost are the essential bottom-line issues faced by every project, regardless of size. They are always competing. Typically, everyone is looking very carefully at cost, but schedule very much affects cost and is often the hardest element to manage. There are strategies, however, to manage the “bottlenecks” that threaten to bog down […]

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