Easily Hide US Currency Field in the Construction Contract

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How to Hide US Currency Field in the Construction Contract

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successful government contractors understand this and maximize it so you fill a position lets say you pay that person four thousand dollars a month lets say youre charging the government ten thousand dollars a month and maybe minus all of your expenses youre still bringing home a couple thousand three thousand maybe even four thousand who knows but whats great is youre receiving money every single month because that person is working typically every single month sometimes the opportunities may be short and may be temporary sometimes the opportunities arent full-time it may only be a few hours a day or a week or as needed but the bottom line is government contractors who are out there and successful theyre really keeping this from you because they dont want you to know how easy it is

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Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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What are two types of differing site conditions?

Examples of common differing site conditions include: soil with inadequate bearing capacity to support the building being constructed, soil that cannot be reused as structural fill, unanticipated groundwater, quicksand, mud, rock formations, or other artificial subsurface obstructions.

What is Type 1 and Type 2 differing site conditions?

A Type I DSC involves an encountered subsurface condition that differs materially from the conditions indicated in the projects geotechnical report and contract documents. A Type II DSC is everything else you encountered below ground that resulted in reasonably unexpected costs from something really unusual.

What is a concealed condition?

Concealed Conditions means preexisting physical conditions situated below the surface of the ground, or concealed or unknown conditions in an existing structure, at variance with the conditions indicated in the Contract Documents or differing materially from those ordinarily encountered and generally recognized as

What are the frauds in construction companies?

Schemes such as bid rotation, bribes and kickbacks, false or inflated change orders, undervalued deductive change orders or phantom subcontractors that consume the buyout savings all fall under this category.

How do you tell a contractor their price is too high?

Ask the contractor to explain why the price rose so dramatically from the initial estimate. He will likely say something about unexpectedly high expensive labor and materials. Request an itemized invoice, explaining that you do not feel comfortable remitting any payment until you can further examine this issue.

What is an example of a condition in a contract?

A condition precedent specifies an event that must happen before a person is obligated to perform the duties specified in the contract. An example of this is if an employer tells an employee they will receive a bonus of $600 if they complete an accounting course.

What is buyout savings in construction?

Buy-Out savings occurs when a subcontractor (or CM, if the Owner allows the CM to self-perform work) agrees to perform an SOV line items scope of work for a price that is below the amount originally estimated for that item. Buy-Out losses will occur when the bids for an SOV line exceed the SOVs estimated cost.

What is concealed or unknown conditions?

A Standard Clause addressing the responsibilities associated with the discovery of unanticipated site conditions during the progress of a construction project, also commonly known as differing site conditions or changed conditions.

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Hide US Currency Field in the Construction Contract