You’ve been invited to put in a bid for your construction company to build a new resort in Arizona. Following two years of sparse opportunities, you are excited about this project. However, after meeting with the potential client and submitting your bid, you have a...
The Miller Act is a federal law that dates back to 1935. It requires contractors to obtain performance and payment bonds before being awarded a contract to work on a public project. The bonds ensure that subcontractors and suppliers will be paid even if the contractor...
There are usually several involved parties in a Scottsdale, Arizona, construction project. Examples include: The property owner You (the subcontractor) The contractor that engaged you And numerous materials suppliers Considered by many as minor associates of a...
Contractors provide a valuable service to residents of Arizona. These individuals often work on a fee schedule that requires only a partial payment upfront. The rest of the money is given on a specific schedule with the final payment due after the project is...
As a construction industry professional, you know that many things can go awry between the time you contract to do a job and the actual work commences. The building materials, for example, can rise significantly based on demand and supply chain issues, worker...
As a contractor, you know about building sturdy buildings and houses for your customers. As you begin new projects, however, you often hire subcontractors to work on different parts of the building. Getting a phone call about one of your most recent building projects...
Running a construction-related business requires a lot of planning and investment. Although you can make good money, you often have to provide supplies or labor before you receive payment in full. Unfortunately, both individual property owners and even businesses that...
As a contractor, you know that you may miss a deadline for a reason that is entirely out of your control. In a perfect world, everything would come together smoothly, but it simply does not happen in all cases. This can be a big problem when working with suppliers,...
No contractor wants to get into the practice of turning down work, but if you want to avoid a big load of stress and drama, there are some clients that should be given a wide berth. Below is some information that can help you cope with difficult clients — and perhaps...
Clients usually have very specific visions when they hire a contractor to do work on their home. It’s imperative that you fully understand those specifics and other applicable points of the project before you start on it. This can help you to avoid some issues, but it...