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How Important is Your Company Name in Government Contracting? #govkidmethod #govcon #governmentcontract #federalcontracting #governmentcontractor #governmentcontracting #federalcontractor #smallbusinessowner #smallbusiness

Article 3: Why Concurrent Delay Matters in Extension of Time (EOT) Claims One of the most critical issues arising from concurrent delay is its impact on Extension of Time (EOT) claims. If both parties contribute to a delay, does the contractor deserve an extension, or does the employer have the right to impose liquidated damages? While each contract and jurisdiction will handle this differently, it’s essential to understand that concurrent delays can severely affect a contractor’s EOT claim. Proper documentation and a clear understanding of delay impacts on the critical path are vital in supporting your case for an extension of time. Getting this wrong can lead to significant financial losses, so careful analysis of both contractual terms and delay events is essential. #EOTClaims #ContractManagement #ConstructionDelays

At the first signs of a termite issue in your home or business, give Holder a call. Why? Check out some of the top things that set us apart, and give us a call today. 📞 386-734-4877 #holderpestcontrol #pestcontrol #pestcontrolservice #termites #termitecontrol #familybusiness #residential #commercial #deland

Most states require contractors to get a license bond to work. The license bond protects subcontractors, residential or commercial clients, and suppliers should a contractor cause damage to these parties. Read our blog to learn about What Factors Go Into the Cost of Bonds: https://loom.ly/bYmYXEY

Are unjust contra charges draining your cash flow? #Subcontractors face significant financial hits, sometimes losing hundreds of thousands of pounds due to unjustified contra charges. This severely impacts your cash flow and your overall business stability. Our approach to contra-charges involves swiftly addressing the deductions on your behalf, communicating with the main contractor to explain their lack of entitlement to levy such deductions. When needed, we then escalate these disputes to adjudication for you, with a long track record of achieving great success. Ensuring Subcontractors retain their rightful payments is our priority.

Government contracting made simple! 📝💼 Here's a breakdown of the key steps involved in the process. From solicitation release to contract award, understanding timelines and deadlines is crucial. 🗓️💰 Don't worry, I've got you covered with all the details! 💪✨ #GovernmentContracting101 #TimelinesAndDeadlines #ContractAward

Losing money because of delays can be stressful and can feel as though you are losing control of the finances. We can assist, just get in touch for a free review. #constructionclaims #disputeavoidance #disputeresolution

Understanding the key differences Between #LiquidatedDamages vs #ProlongationCosts #Liquidated_Damages * Compensates the client for anticipated losses due to delays. * Amount is pre-agreed and stated in the contract. * Imposed on the party responsible for the delay (typically by Client to the contractor). #Prolongation_Costs *Compensates the contractor for actual additional costs due to delays. *Based on actual costs incurred For the contractor. *Claimed by the contractor when delays are due to reasons beyond their control like delays caused by the client or other unforeseen circumstances In summary liquidated damages protect the client from losses due to delays, while prolongation costs protect the contractor from financial burdens caused by project extensions that are not their fault.

Welcome back for our last tip for Choosing a Contractor: Ensure peace of mind by assessing the contractor's reputation and financial stability. Research their standing in the industry, read client reviews, and verify their financial soundness. A reliable and reputable contractor is more likely to fulfill commitments and complete your project successfully. #TrustedContractors #BuildingWithConfidence #PEMB #MetalBuildings

How to Get Quotes for Federal Government Contracts Learn how to effectively communicate with subcontractors and gather the necessary information to obtain accurate quotes for fulfilling federal government contracts. Join the FGC Simplify community to access our comprehensive system called the Flow or book a free phone call for personalized guidance. Don't forget to like, subscribe, and share your thoughts in the comments. #FederalGovernmentContracts #Subcontractors #ContractingProcess #FGCSimplify #BusinessSuccess #GovernmentContracts #ProfitableOpportunities #SmallBusinessTips #ContractingJourney #UnderstandingRequirements