The Contract: A Risk Management Tool

The Contract: A Risk Management Tool

The Contract: A Risk Management Tool Deviation from Plans or Specification Disputes Contracting is a risky business. Construction projects are high cost, complex team efforts that play out over an extended time period (often many years) with plenty of financial risk...
You Can’t be a Surety

You Can’t be a Surety

Subject: the role of sureties You Can’t be a Surety So Learn to Act Like One  Thirty years of accumulated study as a contractor, work-out specialist, consultant, and research professor have verified the following realities about risk in the construction industry:...
Risk is Not a Dirty Word

Risk is Not a Dirty Word

Risk is Not a Dirty Word Over the last thirty years I have conducted literally hundreds of seminars with construction professionals covering an array of issues concerning the business of contracting. Along the way I have noticed that whenever I bring up risk, the...
Building on Shifting Sands

Building on Shifting Sands

Building on Shifting Sands Millennium Tower in San Francisco is sinking and leaning. The 58-story tower has sunk 17 inches and tilted 14 inches since it was completed in 2008. Engineers want to drill hundreds of steel and concrete “micro piles” down to bedrock under...