By Sidney Levy

Step-by-step suggestion on making each building task ecocnomic and successful

Covering each point of the activity, from writing preliminary contracts to complying with OSHA laws, this relied on source outlines the basic tenets of venture administration together with estimating, deciding to buy, and management of the contract.

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The owner has the option to audit the contractor's books to determine the extent and nature of any savings, or to verify that all costs charged to the project are proper. If this audit is to be conducted by an independent accounting firm, provisions for the audit should be included in the contract either as a contractor-excluded cost or as a separate line item setting aside a specific sum for the audit. 1 of the Agreement is subject to the following assumptions and qualifications. As used below, "we" and "our" refers to the Contractor.

Deposits lost for causes other than the contractor's negligence 19. Legal-mediation and arbitration costs, including attorneys' fees arising out of disputes with the owner with the Ownerkprior written approval. 20. Expenses incurred by contractor for temporary living allowances 21. Cost to correct or repair damaged work provided that such work was not damaged due to negligence or was nonconforming Costs not to be reimbursed 1. Salaries and other compensation of t h e contractor's personnel stationed a t the contractor's principal office or offices, except a s specifically provided for in the contract 2.

Nduly mgiacrrd ia r bolv M o lpprrruiccship prngnm rcg~saredwith a Sutc S o t r r ~ o f h b o r , o r i f ~ s w h m p l u e d a g u r y ~ I D r p m s y ~ b y I h c W v c r m 0 f A l l R n i o a b b d T n l n i ~. l ~. 5 ARE PAID K)APPROVBD PLANS. FUNDS. m Certification of wage compliance. jobsite, there may be provisions in the general, supplemental, or special conditions requiring the contractor to reimburse the inspector for any costs incurred to travel to t h a t area and to inspect the item being requisitioned.

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