Recovery of Material Escalation Costs Arising From Steel and Aluminum Tariffs
This bulletin explains how the new tariffs on imported steel and aluminum will impact fixed price contracts.
Category: Management Methods Bulletins
Vehicle Preventative Maintenance Program
This bulletin provides guidance to help you set up a PM program for your fleet.
Value Engineering
This bulletin explains the Value Engineering approach to optimizing value for each dollar spent.
Retention of Professional Staff
This bulletin outlines specific strategies that contractors can implement to increase their ability to retain employees as well as metrics that can be used to measure the effectiveness of these initiatives.
Credit Card Payments
This bulletin reviews the advantages and disadvantages of making payments via credit card.
Why Mechanical Contractors Should Furnish Equipment
This bulletin reviews the advantages sought by direct purchasing and the hidden pitfalls that may result.
Unit Pricing
This bulletin provides an overview of the “Unit Price” basis for pricing changes. It also highlights the pitfalls a contractor can expect in the implementation of a unit price change or contract.
Business and Politics
This bulletin provides advice, tools and information about the federal legislative process to help you be effective in presenting and discussing industry issues with your House and Senate representatives.
Public Relations: An Important Marketing Tool for the Mechanical Contractor
This bulletin highlights the need for regular promotion as a business development tool and offers tips for selecting a public relations consultant.
Doing Business with a Customer in Bankruptcy
This bulletin can help you avoid legal and other pitfalls that may affect your business relationship with a customer that has or may file for bankruptcy. It covers bankruptcy basics—both Chapter 7 and Chapter 11—how claims are managed under each type of bankruptcy, court actions, debtor obligations, special protections available on construction projects should a general contractor or owner file for bankruptcy during a project and issues that could arise when a debtor obtains post-petition financing from lenders.
Understanding and Managing Risks Associated with Consequential Damages
This bulletin helps contractors avoid or manage the risks that arise when an unexpected disruption in a project results in a substantial financial impact, such as lost profits, lost rents, damage to reputation, down or idle time, and much more.
It includes examples of waivers, negotiating strategies and guidance to contractors when entering into a contractual negotiation.