The Runjob Review - Week of 3/13/2017

The Runjob Review highlights weekly news, topics, and trends in the construction industry.

- Week of March 13, 2017 -

Killer Clauses: No Damages for Delay

A presentation on March 8, 2017 at the 98th Annual AGC Convention reviewed ten (10) "killer clauses" in contracts. The "No Damages for Delay Clause" was #4; it is discussed, and proposed language to neutralize the clause is presented. A presentation prepared by Brian Perlberg (Senior Counsel, Construction Law, AGC of America), Michael Zisa (Partner, Peckar & Abramson, Washington ... Read More >

Reader Response

This Week's Question

Has your company ever fell victim to a "No Damages for Delay" clause in a contract?

A) Yes

B) No

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A Contractor's Cash Flow: Acknowledgement and Improvement

Managing cash flow is imperative and it never hurts to see these challenges on paper. This article reminds you as the owner, the chief financial officer, or as a member of the project management team of the challenge of staying cash positive. If you've had a career with a large cash-rich company ... Read More >

Best Way to Save Money is to Not Spend It

When in a changed condition situation, the best way to minimize loss or to survive, depending on the case, is not to spend less, it's to not spend at all. Take advantage of situations where you can spend zero.

We've all been in a situation where we're going about our business of performing our scope of work under the conditions clearly expected and as. .. Read More >

Need it or Want it?

Develop behavioral cost controls in your employees by incubating a need versus want mentality on purchases.

The ATM perception. Things look great - you own the company and your last name is on the side of excavators and dump trucks all over town. The guys in the field think the company can afford anything - and that perception flows over into all purchases from. .. Read More >