The purpose of a labour and material payment bond is to provide a form of security to labour and material suppliers on a construction project by giving them a right to claim against a surety […]
It used to be Rome, but now it’s mechanical insulation. Why? Well, the recognition, importance, and contribution to energy savings and GHG reduction that mechanical insulation makes has become more and more evident. There are […]
Over my career I have had the privilege of getting insight from many trade contractors. The range of profitability from one contractor to another is extensive. I recently completed my 21st annual benchmark program for […]
A contractor may be asked to provide a homeowner with an estimated schedule for completion before a project starts. While there are always contingencies and unforeseen circumstances, projects can get delayed and extend well past […]
Over my career I have had the privilege of getting insight from many trade contractors, particularly HVACR and plumbing contractors. The range of profitability from one contractor to another is extensive. I recently completed my […]
Homeowners and general contractors often find themselves under various pressures to complete work and advance the project. The rushed approach that often ensues can cause parties to overlook or postpone settling essential terms with subcontractors. […]
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