Report

Managing the Project During Construction

 
The estimate provided by the contractor and accepted by the owner during the bid phase represents what the project will cost the owner. In other words, this bid, once accepted, becomes the budget for the project. In addition, it provides valuable limits to
the project designer, knowing how much the owner intends to spend and what can be afforded. Prior to submitting a bid, it is therefore important for the contractor's estimator to consider the full scope of the work required for a project. A review of all plans and specifications is necessary in order to provide an accurate estimate. If the estimate is not accurate but is accepted by the owner in the bidding process, then any additional costs that arise based on the initial plans will have to be absorbed by the contractor.

Faculty

Joel D. Heusinger

Joel D. Heusinger

Woods & Aitken LLP

Agenda

Cost Control and Recording
The Role of Schedules
Recognizing and Pricing Impact
Project Record-keeping

Faculty

Joel D. Heusinger

Joel D. Heusinger

Woods & Aitken LLP

  • Partner in the law firm of Woods & Aitken LLP
  • Practice focuses on construction law and litigation
  • Fellow of the American College of Construction Lawyers
  • Been involved in the resolution of hundreds of millions of dollars in numerous complex construction disputes throughout the United States
  • Routinely lectures and writes articles on construction law
  • J.D. degree, with honors, Duke University School of Law; B.A., degree, magna cum laude, Bob Jones University
  • Can be contacted at 303-606-6717 or [email protected]

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