Ownership Transition: Planning for Pitfalls
The transition of a company's ownership can be a crisis caused by the retirement or sudden death of a company's owners, or an event planned for well in advance....
When It's Time to Sell
Although ownership transition is sometimes achieved through an internal or management buyout, in many scenarios, the retirement of a shareholder or partner will result in a sale to an...
Fear of Trying
Conventional methods for cleaning up hazardous-waste sites are expensive, subject to increasing restrictions, and don't work that well for certain types of waste. Innovative...
Computer-aided Scheduling: Owner and Contractor Views
Legal Remedies Against Inlet-Caused Erosion
Property owners and others affected by erosion caused by an inlet's interference with the natural littoral drift have legal rights. Those rights are based upon traditional...
Unit Pricing and Unbalanced Bids
Unit price contracts were meant to provide a simple and equitable way to pay contractors. However, to offset the uncertainties inherent in construction, contractors unbalance bid items....
When FERC Investigates Your Unlicensed Project: A Five-Point Protection Plan
A FERC investigation into a project's jurisdictional status poses the potential for substantial risks and costs. This paper outlines a 'five-point protection...
Historical Background
Discussions on payments for encountering unexpected conditions in construction commenced in 1960 and subsequent programs were presented in 1963, 1989 and 1991. The current symposium contains...
Who Pays for the Unexpected in Construction??Owner as Engineer's Point of View
In the case of an unexpected discovery or development, it potentially may evolve into a three-cornered dispute among the Owner, Engineer, and Contractor. Frequently, it may become a two-sided...
Who Pays for the Unexpected in Construction?
Unexpected events of major concern result from voluntary risks taken by one or more of the parties to a construction contract. The party taking the risk should reap the reward or pay the...
Who Pays for the Unexpected in Construction
A grouting contractor's point of view on who pays for the unexpected in construction is presented. Because grouting can be used as an alternative for other construction procedures,...
Wrapping up Environmental Issues in an Embankment
Contamination on a construction site can lead to increased risk of unanticipated construction delays and increased costs. In response, some owners are opting for proactive approaches to...
Ahead of Schedule, Under Budget, and Out of Court
The process of designing and constructing facilities involves three parties, the Owner, the Designer and the Constructor. Each has a significant role in this process if the project is...
Construction Inspection Responsibility from the Viewpoint of a General Contractor and Construction Manager on a GMP Project
Absent local laws to the contrary, any member of the construction team, the Owner, Architect, or Contractor, can theoretically arrange for and provide any testing and inspection that may...
Contractor Inspection
Partnering between the owner, architect-engineer (A-E) and construction contractor creates an environment which facilitates the successful completion of quality construction. Each participant...
Avoiding Defective Specifications
Despite everyone's best efforts, the design intent as portrayed in the contract documents is rarely crystal clear. As a result, the owner and the project team often find themselves...
A Private Marina Owner Looks at Private Marina Development and Management
New Marina Regulations for Delaware: A Case Study in Conflict Resolution?
On 20 March 1989, Governor Castle of Delaware issued Executive Order No. 70 which instituted a moratorium on new marina permits until the Department of Natural Resources and Environmental...
Hydropower's Balancing Act
Relicensing applications are due at the end of 1991 on some 170 hydro plants across the U.S., a large percentage of the more than 400 plants that will go through the process by 2010. Conditions...
Design Firms Change Owners
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