Podcasts about Fixed price

Fixed Price discounts. You've seen them. "Save $5 when you spend $25!!" Percentage off discounts. You've seen those too: "Get 20% off when you spend $25 or more!" But which one is more effective? If you were going to build a coupon code in your online store, or offer a promotion at your farm store -- which one will lead to more sales? Well... it depends. As it turns out, there are best practices surrounding the use of the fixed price v. the percentage off discount. And it all revolves around sales psychology.  Our brains just "feel better" when we use one over the other -- in certain circumstances. In this episode, I share with you what conventional marketing wisdom says about when to use a fixed price discount over a percentage off discount. Test these out in your farm marketing and see what works best. This podcast was sponsored by Local Line, my preferred e-commerce platform for farmers. Are you looking for a new solution for your farm? I can't recommend it enough. Easy to use inventory management, great customer service, continuous improvement, and a culture dedicated to equipping farmers with marketing expertise, Local Line should definitely be one of the e-commerce solutions you consider as you switch.  Local Line is offering a free premium feature for free for one year on top of your paid subscription. Claim your discount by signing up for a Local Line account today and using the coupon code: MDF2024. Head to my special affiliate link to get started: www.mydigitalfarmer.com/localline Some of the resources mentioned in this episode: Join my free email list! I have a great "Crash Course in farm marketing" that will guide you through the marketing jungle over the course of several months. Each week, you'll get a new email with suggestions and tips to make your marketing better. Subscribe at https://www.mydigitalfarmer.com/subscribe Farm Marketing School - my monthly online marketing school membership just for farmers. Farm Marketing School is an on-demand library of marketing workshops and project plans that will help you build some of the most important marketing elements in your farm business like: building a promotion calendar, setting up your Google Business Profile, auditing your sales funnel, updating your home page of your website, building your first email nurture sequence, acquiring and deploying testimonials, and practicing different types of offers. You get to chose what you want to study and build each month. These projects are designed to be completed in under 30 days, so that you slowly build your marketing system piece by piece. Use the step by step project planner and resource folder to help you jumpstart your work. Take advantage of my new marketing crash course inside or take the onboarding assessment tool to help you identify where your funnel is broken and what project to do first. To see what courses are currently inside of FMS, or to try out Farm Marketing School for a month at mydigitalfarmer.com/fms  Start and cancel your membership anytime. Join my CSA Academy Library -- this is my digital cooking resource library that I provide for my CSA members to help them learn how to become a better home chef and cook the CSA way. It includes a Beginner's Guide to CSA mini-course, Vegetable University (A to Z video tutorials for every veggie); Canning Club (canning videos); Exit Strategy videos; Instant Pot tutorial, and my Recipes and Resources pages (with weekly CSA box recipes and unboxing videos). Farmers can subscribe for a monthly fee to have access to these resources to help them support their own CSA members. Early Bird Campaigns that Convert -- In this episode, I mentioned how I would be building my CSA Early Bird Renewal Promo campaign this month. IF you want to learn my system for how I do this every year, I offer my step by step online course to help you get it done. This course will teach you how to build a compelling offer that gets your current members to decide to renew during your promo campaign. I show you the emails to write, the posts to create, and the ENERGY you need to generate in the week before you launch. Find my marketing Facebook group for CSA farmers! Follow me on Instagram for a daily IG story tip on marketing! @mydigitalfarmer

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eBay Seller Advocate and eBay seller Chuck Van Pelt gives his five tips for preparing for the Holiday Selling Season. Kayomi and Griff answer your questions about revision restrictions on Fixed Price listings and the list of “selected categories” for additional free listings with an eBay Store subscription.Questions? Call us! 888-723-4630Email us! podcast@ebay.comVisit our eBay page! Take our Survey! Episode LinksUPS Ground SaverUPS and eBay LabelsNew Simplified Order Cancellation ProcessRevise Listing Help Page

If you're thinking of renovating in the next 12-24 months you won't want to miss this!Today's conversation with builder Colin Campbell from Camstruct Design & Build packs a punch with real and raw insights into what it takes to renovate in the current market.We cover:• Should you have a Fixed Price or Cost Plus contract? • What's the difference between an Estimate and a Quote?• Range of builders % margins• What level of documentation do you need?• Prime Costs vs Provisional Sums• Selecting the right builder• Finding alignment You will love Colin's candid perspectives on the state of play renovating in today's market. Connect with Colin here:Website https://camstruct.com.au/Instagram https://www.instagram.com/camstruct_design_and_build/Connect with us: Website https://janeledger.com.au Instagram https://www.instagram.com/janeledgerinteriors Thank you for listening! If you found this useful, please leave a like, review or rating as this helps other people just like you find this information. I'd love for you to hit follow wherever you're listening to this and share a favourite episode with someone you know who would really benefit from it.

Notatki i linki wymienione w tym odcinku znajdziecie na naszej stronie: ⁠⁠designpractice.pl/056 --- W tym odcinku rozmawiamy o: → drodze od studenckiego projektu do 40-osobowego softwarehouse'u → tworzeniu rozwiązań cyfrowych dla energetyki i innowacji → fazie Discovery w procesie projektowania → odnalezieniu swojej roli w świecie biznesu i designu --- Naszym gościem jest Karol Oponowicz – przedsiębiorca i designer. Współzałożyciel firmy Order Group i zeronest. Przeszedł drogę od projektowania aż do bycia odpowiedzialnym za relacje i negocjacje z klientami. Obecnie mocno wkręcony w projekty poświęcone innowacjom i energii odnawialnej. --- Timestamps: 0:00 Start 1:22 Jaką książkę ostatnio przeczytałeś? 2:01 Czym się zajmujesz? 3:18 Order Group 9:01 Od geodety do projektanta 12:11 Jak zmieniała się twoja rola 17:09 Historia 11 lat Order Group i plany na przyszłość 22:34 Klienci i pracownicy z zagranicy 24:53 Nisza energii odnawialnej 31:20 Jak zdobywać niszową wiedzę? 35:18 Zeronest i przyszłość energetylki 42:52 Czy macie jakiegoś inwestora? 44:40 Case study procesu projektowego 52:12 Kompetencje potrzebne na stanowisku head of design 54:55 Kompetencje - AI 57:52 Współpraca z developerami 1:01:43 Stawka godzinowa czy Fixed Price? 1:05:03 Rady dla designerów 1:08:24 Na jakich umiejętnościach chciałbyś się skupić? 1:09:50 Zakończenie

Join Kyle Hunt as he interviews Brandon Allen, owner of Masterpiece Construction, about his experiences starting a remodeling business and the importance of strategic partnerships with architects, designers, and realtors in generating leads. The conversation also delves into Design & Project Development packaging strategies, effective communication with clients and trade partners, and navigating challenges of strategic partnerships with designers and arthitects. Tune in to gain practical insights for success in your own remodeling business! ----- Explore the vast array of tools, training courses, a podcast, and a supportive community of over 1,900 remodelers. Visit RemodelersOnTheRise.com today and take your remodeling business to new heights! ----- Takeaways Strategic partnerships with architects, designers, and realtors are valuable in generating leads for remodeling businesses. Clear communication with trade partners and clients is essential to ensure a smooth project. Pricing and packaging Design and Project Development services can be done through fixed prices or hourly rates, depending on the project and client preferences. Job costing and measuring profitability are important aspects of running a successful remodeling business. Professionalism and expertise are key factors in building trust and attracting high-end clients. Chapters 00:00 Introduction and Background 02:02 Getting into the Remodeling Business 05:19 Generating Leads from Strategic Partners 09:40 Challenges with Architectural and Design Plans 16:38 Effective Communication with Clients and Trade Partners 25:20 Job Costing and Measuring Profitability 31:05 The Importance of Professionalism in the Remodeling Industry

A contractor got into a pricing squeeze when the customer, in this case the Marine Corps, way underestimated the quantities for the services under the contract. It learned what can happen when the legal proceedings get complicated. For details on the lessons learned, Federal Drive Host Tom Temin spoke with Haynes Boone procurement attorney Zach Prince. Learn more about your ad choices. Visit megaphone.fm/adchoices

When you're a first home buyer and working with an often-tight budget, there are some crucial considerations that you should keep in mind to make your money go further. The experts on today's episode advise it's all about making savvy choices.Joining us today are Mark Sinnott, a Carlisle Sales Consultant known for perfecting the house and land combination, and Ricky D'Alesio, Carlisle's Design Manager with an impressive 25-year track record of crafting award-winning homes, specifically tailored for first home buyers.Together they share their expertise on how first home buyers can optimise their choices to get the best bang for buck when building their new home. We discuss:Carlisle's EasyLiving series and why it's such an accessible and affordable option for first home buyers.How various home designs cater to the unique needs of first home buyers.The importance of considering both your new home and the block that you're going to build on.Doing your research and shortlisting suitable home designs on the Carlisle website.Popular design requests and preferences of first home buyers.The benefits of going through the process with a builder like Carlisle.Fixed pricing and the certainty and benefits it offers first home buyers.Hit play and uncover tips and tricks usually reserved for those already committed to the process of building their home. Hear it first on Home Files.  Special Guests:Mark Sinnott – Sales Consultant, Carlisle HomesRicky D'Alesio – Design Manager, Carlisle HomesBits of Gold:If you're enjoying this series, please leave us a review on Apple or Spotify, or if you have a friend who is thinking about building their first home – share it with them too!This podcast is proudly brought to you by Carlisle Homes – Australia's Most Professional Volume Builder for 2023 awarded by the Housing Industry Association. You can get in touch at carlislehomes.com.au, or follow us on Instagram, Facebook or TikTok - @CarlislehomesEverything we talk about on this podcast is general in nature and doesn't consider your own circumstances. Please speak to a licensed financial advisor or a professional consultant for personalised information. 

Scott and Jim have the pleasure with speaking with Dave Lewis, the Learning Asset Manager for CON 7610, Fixed-Price Incentive (Firm-Target) (FPIF) Contracts Course.  We continue our conversation with Dave Lewis on his incentive contract courses - this one is on FPIP contracts, where he talks about what this course focuses on, such as limitations of use of FPIP contracts, the geometry (how to structure), how to come up with optimimistic and pessimistic cost, how profit is determined, negotiation tips, contract administration, important of conducting a post award conference, how to avoid an administrative nightmare, the target audience and the embedded videos in this course.  A lot compacted into a short 8 minutes.  Be sure to subscribe to the channel, either here or YouTube or Apple Podcasts or all - also, appreciate it if you hit the like button to let us know the podcast was worth your time invested.  Be sure to listen to our CON 7600 podcast, which is an introduction to incentive contracts.  CON 7610 - Fixed-Price Incentive (Firm Target) Contracts Course: https://icatalog.dau.edu/onlinecatalog/courses.aspx?crs_id=13014CON 7600 - https://icatalog.dau.edu/onlinecatalog/courses.aspx?crs_id=13108CON 7620  - Cost-Plus Incentive Fee (CPIF) Contracts Course:   https://icatalog.dau.edu/onlinecatalog/courses.aspx?crs_id=13013CON 7630 - Award-Fee and Award-Term Contracts Course:  https://icatalog.dau.edu/onlinecatalog/courses.aspx?crs_id=13109CON 7640 - Coming SoonCredentials home page: https://www.dau.edu/credentialsBack to Basics: https://www.dau.edu/back-to-basics; BtB Contracting: https://www.dau.edu/functional-areas/contractingContract Cost, Price and Finance Community of Practice:  https://www.dau.edu/cop/pricingContracting Community of Practice: https://www.dau.edu/cop/contractingIf you are watching this video on DAU Media, but rather watch on YouTube, go to https://www.youtube.com/channel/UCbF8yqm-r_M5czw5teb0PsAApple Podcasts:  https://podcasts.apple.com/us/podcast/contracting-conversations/id1621567225 

One price, fixed price, haggle free, only benefit the dealer Part 1 and part 2 used review Make a quality segment chart The one price stories There are no special deals just special methods Why are one price techniques uesd Cut the dealer ‘s expenses Enhance the profits It's not about customer satisfaction 2+2 is not 5 No haggling does not mean a good price Ho Hum prices at best Shorter sales process, longer F&I time Don't let your guard down for a second Negotiating is better for the customer and their satisfaction One price gives a dealer higher profits as a whole No matter what they say, haggle anyway, or move on

Professional Builders Secrets brings you an exclusive episode with Lee Ambrose, Managing Director at Ambrose Design and Construct based in Brisbane, Australia. Throughout this episode, Lee delves into the journey he and his business has went on, his transition into fixed price contracts and the ways in which he's transformed his business since joining the APB. INSIDE EPISODE 82 YOU WILL DISCOVER The challenges faced by builders before transitioning to fixed price contracts The importance of projecting all of your fixed expenses The advantages of using project management tools Why it can be so challenging to change your ways as a builder And much, much more. Listen to the full episode to uncover exactly what transitioning to fixed price contracts can do for your building company. ABOUT LEE AMBROSE Lee is the Managing Director and Founder of Ambrose and once upon a time he used to wear every hat in the company. These days, his main role is Managing director and Sales manager, liaising with his sales estimator and managing his department heads to ensure everything is running as smoothly as possible. Connect with Lee: linkedin.com/in/lee-ambrose-a2a261155 TIMELINE 1:40 How Lee got started and his business ambitions 3:59 What kind of contracts Lee used before transitioning 7:31 How Lee has transformed his business working with APB 10:06 The importance of fixed price contracts and how secure they are 13:19 The construction software Lee utilises 15:17 Why is it so challenging for builders to change their ways? 22:30 What Lee's discovered in the process of transitioning to fixed price contracts LINKS, RESOURCES & MORE Ambrose Website: ambrose.com.au APB Website: associationofprofessionalbuilders.com APB Rewards: associationofprofessionalbuilders.com/rewards/ APB on Instagram: instagram.com/apbbuilders/ APB on Facebook: facebook.com/associationofprofessionalbuilders APB on YouTube: youtube.com/c/associationofprofessionalbuilders Join the Professional Builders Secrets Facebook group for builders & connect with professional builders world-wide: facebook.com/groups/builderssecrets

Professional Builders Secrets brings you an exclusive episode with Co-founders of the Association of Professional Builders Russ Stephens and Sky Stephens, along with APB's Head Coach, Andy Skarda. Throughout this episode, the trio delve into the key differences between fixed price and cost plus contracts, the pros and cons of each option, and how builders can go about making the switch. INSIDE EPISODE 79 YOU WILL DISCOVER The difference between fixed price and cost plus, and which is better for you Potential downsides of each contract type The impact of the past few years on builders' pricing strategies and how it may have affected their decisions Why so many builders are struggling with pricing How you can switch strategies And much, much more. Listen to the full episode to uncover exactly how switching to fixed price contracts can help to set your building company up for success. ABOUT RUSS STEPHENS Co-founder of the Association of Professional Builders, Russ is a data analysis expert who has introduced data-driven decision making to the residential construction industry. Russ is also a proud member of the Forbes Business Development Council. Connect with Russ: linkedin.com/in/russstephens ABOUT SKY STEPHENS Co-founder of the Association of Professional Builders, Sky specialises in taking complex business strategies and converting them into actionable step-by-step guides for building company owners. Sky is also a proud member of The National Association of Women in Construction and the Top 100 Women in the broader construction sector. Connect with Sky: linkedin.com/in/skycheristephens ABOUT ANDY SKARDA Head Coach at the Association of Professional Builders, Andy specialises in helping business owners in the building industry identify and implement the skills and systems they need to be successful, without needing to go back to school. Or more importantly, without going bust. Connect with Andy: linkedin.com/in/andy-skarda-92a6875/ TIMELINE 2:01 The difference between fixed price and cost plus 6:59 The downside of fixed price and cost plus 17:39 Builders who are adamant about using cost plus contracts 25:53 Builders we've seen transition from cost plus to fixed price 28:26 Can you offer both options to a client? 29:12 Can fixed price contracts be dangerous in the long term? LINKS, RESOURCES & MORE APB Website: associationofprofessionalbuilders.com APB Rewards: associationofprofessionalbuilders.com/rewards/ APB on Instagram: instagram.com/apbbuilders/ APB on Facebook: facebook.com/associationofprofessionalbuilders APB on YouTube: youtube.com/c/associationofprofessionalbuilders Join the Professional Builders Secrets Facebook group for builders & connect with professional builders world-wide: facebook.com/groups/builderssecrets

This week on The Build Show Podcast, Matt and Jeremy Martin of RisherMartin Fine Homes out of Austin, Texas, go deep into fixed-price vs. cost-plus contracts. Jeremy and his partner, Chris Risher, have been in business together for a year, but they've been in the industry since 2010. They do a mix of architect-driven remodeling and new home building but started as a renovation company. They believe, as Matt does, that being a remodeler makes you a better builder because you can see what has gone wrong in the homes you're remodeling and take action to prevent those issues in new projects. RisherMartin works mainly with fixed-price contracts, while Risinger Build works with cost-plus agreements. They drill into what makes a good fixed-price job and what's a better fit for a cost-plus builder, and what those processes look like. Listen in while they discuss the risks and benefits of both business models for builders and their clients. You can find RisherMartin at @rishermartin on Instagram Their website is: https://www.rishermartin.com/

The fixed price contract is DEAD – and the culprit is inflation, with the copper cable in the conservatory. Electricians increasingly offer payment plans to struggling homeowners…And forget the van; electrical contractors increasingly turn to e-bikes to get around…Electrical News Weekly 6th March 2023 in association with Scame============================00:00 Electrical News Weekly00:36 Fixed price contracts are dead?01:46 1/5 of electricians allow customers to pay in installments02:22 Contractor swaps van for e-bike03:23 Ev charge points to business customers for free04:17 Atkore unveils range of coloured PVC conduit 04:46 Contractors warned about an unusual electrical hazard05:40 Thanks to our premium partners 06:38 Coming up on eFIXX this week==============================Show notes

This week, Paul is joined by Ian Hepstinall, an Associate Professor in Project Management at the University of Birmingham, a coach, an advisor, and the Author of the Executive Guide to Breakthrough Project Management.Ian is a firm believer in changing the industry. In this conversation, he shares his slightly radical thoughts on changing the industry's mentality and approach to project management. Einstein said, “Insanity is doing the same thing repeatedly and expecting different results.” Ian thinks that the construction industry is doing just that.This episode will give you real food for thought if you are a construction professional.------------Are you struggling with a lack of Quantity Surveyors?A recent RICS Survey found that 54% of main contractors reported insufficient numbers of Quantity Surveyors available in the market. At C-Link, we completed a survey that found that 80% of companies find it challenging to recruit QS.Are you one of those companies?C-Link is software built by Quantity Surveyors for Main Contractors. We save 600 hours of Quantity Surveying time per project in automation. We can make your QS' so much more efficient.Book a demo to learn more by clicking here.Support the showWant to connect with Paul?Paul is on Linkedin here and would love to talk. You can also connect with Paul at paul@c-link.com.To learn more about C-Link, Watch the Video, or book a demo by clicking here.

I hear problems like this all the time…“The client hasn't done what they promised!”“The client has asked for me to do more work that I didn't price for.”“It's taken me longer to do the work than I initially thought.”“The client's business has grown and there is more work now.”These are all examples of scope creep.Scope creep is a huge problem for a lot of accountants and bookkeepers – so many are losing money because they don't know how to price for these scenarios and end up just taking a hit rather than asking the client to pay up.The main reason these problems arise is because there was not enough clarity in the original agreement. When you sign up a new client for one of your services, you need to manage their expectations. If the client understands exactly what they get with your service (and what they don't get), what's expected of them, and how the price might be altered if their circumstances change, it will prevent any fee disputes and stop you from losing out due to scope creep.  You can manage your client's expectations through a Fixed Price Agreement. This is a document that lays out the details of your service and how the fixed price is determined. Should the client's circumstances change, they request some additional work, or they fail to deliver on a promise, you can simply refer them back to the Fixed Price Agreement to explain the resulting adjustment in price. The client has total clarity – and you will never make a loss from scope creep again. The latest episode of the Value Pricing Podcast is now available: How to Set Out Your Fixed Price Agreement In today's episode you will learn:✅ How scope creep can be the biggest financial drain on your business ✅ How to manage your clients expectations to avoid scope creep✅ The 9 essential elements to add to your Fixed Price Agreement ✅ What to do if something changes, or the clients doesn't do what you expectedListen now!

In the first episode of Series 3 we discuss fast, fixed price, fixed outcome implementation methods for Microsoft Dynamics 365 Business Central. We compare this type of implementation with the more traditional, bespoke, tailored implementation methods (of which there are many options available now!) and explore how we, as a partner, work out what is the right option for our clients. As well as whether the fixed method would be a good solution for NAV users looking to upgrade their system to the latest version of Dynamics 365 Business Central. Listen today! Hosted on Acast. See acast.com/privacy for more information.

Landscape architect Brandon Reed joined me on Ditching Hourly to discuss how ditching hourly billing, offering fixed price options, and niching down transformed his firm. Brandon's Links: Website LinkedIn Instagram ----Do you have questions about how to improve your business? Things like: Value pricing your work instead of billing for your time? Positioning yourself as the go-to person in your space? Productizing your services so you never have to have another awkward sales call or spend hours writing another custom proposal? Book a one-on-one coaching call with me and get answers to these questions and others in the time it takes to get ready for work in the morning.Best of all, you're covered by my 100% satisfaction guarantee. If at the end of the call, you don't feel like it was worth it, just say the word, and I'll refund your purchase in full.To book your one-on-one coaching call, go to: https://jonathanstark.com/callI hope to see you there!

Have you ever been sat in the back of a taxicab watching the meter in the front slowly tick up and up?Do you ever wonder if the driver chose the ‘scenic route' to get more money out of you?And every time you stop at a red light or get caught up in a bit of traffic, you watch that meter tick higher and higher and your ride gets more expensive with every minute.  You're on edge the whole ride fretting over what the final cost will be.It's an awful feeling. That's exactly what your hourly rate does to your clients. When you can't give a definite price, your clients can't plan or budget, they have no idea what the price is going to be, and they think more about the time you are spending on the job than the quality of the work you are doing.It's an awful way to price – not only do your clients hate it, it also brings you a really low profit.  When you move to fixed pricing, you can give your clients those things they need – certainty, assurance to plan and budget, and a stress-free service.That's valuable. And you will win more clients when you communicate just how valuable and FAIR this pricing structure is. The latest episode of the Value Pricing Podcast is now available: How a Fixed Price Approach Can Win You More ClientsIn today's episode you will learn:✅ Why hourly rates are bad for your business✅ 4 ways in which your clients benefit from your fixed pricing approach ✅ 3 steps to using your fixed price approach to win new clients ✅ 2 practical examples you can use to communicate your new pricing structureListen Now

A fixed-price contract. It is a common strategy for the government. Contractors need to understand that every word in that three-word phrase is there for a reason. If inflation, COVID, and/or supply-chain problems drive up your costs, tough luck. That point was reinforced in a recent lawsuit, about which Federal Drive host Tom Temin spoke about with Zach Prince, Smith Pachter McWhorter procurement attorney.

G7 group of countries agree fixed price for Russian oil. North Korea fires more missiles threatening U.S. against 'dangerous' choices. 2022 midterms puts the climate crisis on the ticket.  You can subscribe to Five Minute News with Anthony Davis on YouTube, with your preferred podcast app, ask your smart speaker, or enable Five Minute News as your Amazon Alexa Flash Briefing skill.  Subscribe, rate and review at www.fiveminute.news  Five Minute News is an Evergreen Podcast, covering politics, inequality, health and climate - delivering independent, unbiased and essential world news, daily.  Learn more about your ad choices. Visit megaphone.fm/adchoices

The Federal Acquisition Regulation is clear, fixed-price contracts are just that: Fixed price. There's no provision for adjustments because of inflation. Or is there? A memo last week from the Defense Pricing and Contracting office offers some hope. Federal Drive host spoke with someone who has studied the memo closely: Zach Prince, a partner at Smith Pachter McWhorter.

The Federal Acquisition Regulation is clear, fixed-price contracts are just that: Fixed price. There's no provision for adjustments because of inflation. Or is there? A memo last week from the Defense Pricing and Contracting office offers some hope. Federal Drive host spoke with someone who has studied the memo closely: Zach Prince, a partner at Smith Pachter McWhorter.

Doug Dinwiddie started White Digital, an agency specialising in website design, development and SEO, with the goal to improve on the service offering other agencies were providing. Doug spoke to Alex about how clients and agencies should be setting expectations to get what they want and more, as well as how to run pitches and structure briefs to understand which agency is right for you. He also covered values, awards, budgets and how to check an agency's reputation.

Something about this fixed-price contract for building the new Christchurch stadium, Te Kaha, just doesn't stack up for me.In fact, the whole fixed-price thing doesn't stack up, as far as I'm concerned.The gist of it all, is that the Board overseeing the project has managed to negotiate a deal which will make the Australian construction and civil engineering company that is the lead contractor for the project, responsible for the costs of labour and materials - as well as carrying the can for all other risks and cost overruns.So it's put a fixed price of $683 million on the project. Sounds too good to be true? I think it does.And this is my predicament. I'm all for the stadium. But I'm afraid I can't get excited about this big fixed-price announcement because I simply don't think it can be done.Of course, a lot of people are excited about it - including mayoral candidates Phil Mauger and David Meates who are saying today that it gives us all certainty. Other city councillors are saying the same.But, unless I'm missing something here, do you really think the cost of a major construction project - which hasn't even begun yet and isn't expected to be open for business until April 2026 - do you really think you can set the cost now and think nothing's going to change? Really?If you can, then there must be a massive amount of contingency in the price - which is something Phil Mauger suspected when the $150 million cost blow-out was announced last month.Back then, he wanted to press pause on the whole thing to see if costs might come down a bit. But, of course, he's changed his tune the closer we've got to October's local body elections.City councillor Sam MacDonald is saying that, when councillors were briefed on the fixed-price contract yesterday morning, he told the stadium board not to come back to the Council looking for more ratepayer money.“This is a full and final get on and do it,” is what he's saying about the fixed-price arrangement.So there's a lot of bluster, but I'm not convinced it can be done. And, essentially, this is what city councillors are going to have to decide for themselves between now and tomorrow morning when they'll get together to make the big decision whether to invest another $150 million into the project - and sign the dotted line on a $683 million contract.If I was a city councillor, even if I wanted the stadium - like I do - I couldn't vote “yes” tomorrow because - like I said before - I think this fixed price is too good to be true.And I don't think I'm going to be the only person who thinks that.I see Graham Burke from the Construction Industry Council is also scratching his head about it.He's saying that he's (quote) “very surprised that they've managed to tie somebody down to a fixed-price contract.He goes on to say: “We've got costs going up across the board, we've got interest rates rising, we've got shortage of skills, hold-ups and shortages across the supply chain internationally.” (End of quote).That's what Graham Burke from the Construction Industry Council is saying - and he'll know what he's talking about. And I was interested in his comments because I already had my doubts about this fixed-price thing before I saw what he was saying.He's in the construction sector - so he knows what he's on about. But he seems to be a bit of a lone voice when you compare what he's saying with the likes of Phil Mauger and David Meates, city councillor Sam MacDonald and even Colin Mansbridge from the Crusaders.But how many of them are in the construction industry? None of them - so you could say they've got no idea what they're talking about. You could say the same thing about me, because I'm not in the construction sector either.But Graham Burke from the Construction Industry Council does know what he's on about, and if he thinks it looks too good to be true - then I'm happy to go...See omnystudio.com/listener for privacy information.

Detailed reports on the future of Christchurch's stalled stadium have been made public -including the successful negotiation of fixed-price contract for its construction.And it has emerged that if the project is stopped, $40 million in "sunk costs" will be lost entirely and the budget will rise further if there is any pause on the build.The Christchurch City Council today confirmed the total budget for the project will sit at $683 million.Rates in the city will need to increase by 1.24 per cent to cover the cost of what the CCC will need to borrow to fund the project.In 2010 and 2011 the Christchurch quakes irreparably damaged AMI Stadium - formerly Lancaster Park.The plan to create a covered multi-use arena was put forward by a Government panel in 2012.That plan detailed how both local and central government would foot the bill.The projected cost was $470 million.But that rose to $533m, and in recent months the Christchurch City Council revealed the proposed design for the stadium, Te Kaha, had blown its budget again.The cost then spiked to $683m - with the $150m increase being blamed on rising international costs in materials and construction.The price hike sparked a public consultation last month and the CCC received 30,000 public submissions about the project.Of those, 77 per cent of people were in favour of meeting the extra costs.A further 8 per cent supported a pause and re-evaluate approach and 15 per cent wanted a complete halt to the stadium's construction.Councillors will decide on the stadium's future at a meeting on Thursday morning.The options are to invest the additional $150m to enable the project to continue as planned, stop the project altogether or pause and re-evaluate it.Today the design and construction submission for Te Kaha - on which councillors will base their decision - was revealed. An artist's impression of plans for Christchurch's multi-use arena, Te Kaha. The City Council will make a decision on next steps this week. Image / SuppliedTe Kaha Project Delivery Limited chairman Barry Bragg said today that a "major issue" had been that the lead contractor BESIX Watpac had been "unwilling" to provide a fixed price "because of the volatility in the commodities market"."We were concerned that would leave the council and the ratepayers of Christchurch exposed to the risk of further cost escalations and that is not something we were willing to accept," Bragg said today."The board has been working through the risks with BESIX Watpac and they have now submitted a revised design and construction submission that provides a fixed price."The Board has thoroughly reviewed the new submission and obtained independent legal advice on it."It is now in a position to make a recommendation to the council that it enters into a Design and Construct contract."Bragg said based on the new contract he was confident the arena could be delivered for a total budget of $682 million."That figure includes sufficient contingency to cover any issues that might emerge during the build," he explained."The fixed price means that if the council decides on Thursday it wants to proceed, ratepayers will be protected from any further cost increases."The CCC will need to add $150 million to its current budget for the arena if it decides to sign the contract this week."Consultation with the public shows 77 per cent of the submitters support the council doing that," said Bragg.A further report to be provided to councillors before the meeting and vote shows the financial implications of increasing the budget.Bragg said assuming the CCC borrowed the additional money, rates would need to increase by a net 1.24 per cent. Plans for Christchurch's multi-use arena, Te Kaha. Image / Supplied"For the average residential property, that means they will have to...See omnystudio.com/listener for privacy information.

This episode is also available as a blog post: https://soccercruz.com/2022/06/23/barcelona-name-frenkie-de-jongs-fixed-price/ --- Send in a voice message: https://anchor.fm/nwosu-chizoba-david/message

Hal Brumfield, the Co-Founder and CEO of Tachus Fiber Internet joins KRLD's David Johnson to discuss their new, fixed-price, no-frills high-speed internet service.

Today on Daily News You Can Use, Ray, Zach, Kimberly, and Phil discuss Ford CEO Jim Farley's comments about going to 100% online and fixed price sales. Also Stellantis is in the news for a diesel emissions probe, and the new Jeep Wrangler tips over during crash tests. Tune in for this and more!

About seven years ago we pioneered the "Support by Blocks" model, and it has served our Forceworks clients and us well. But thanks to Microsoft, it is time for a whole new model for Dynamics 365 and Power Platform Support and Services. Let's unpack this one. The Challenge Let's be honest, no business application you can buy will serve your needs as delivered. Any of them will require some modifications to fit your goals. Fortunately, you have many Microsoft Business Applications partners to assist you with this, including my company Forceworks. This is not new; customizing business applications has been around as long as business applications have been around. For a small organization, you may only have to invest a few bucks to get things where you want; enterprise customers often invest six or seven figures to get things right. It is not a small industry that I am in. It is precisely this high cost that has led Microsoft to invest so much into low-no-code technologies. How many more customers could Microsoft have if this "startup cost" was significantly reduced? More on that in a minute. Models There are quite a few engagement models available from different partners. The old "Fixed-Price based on your Requirements" has fallen out of favor, and for good reasons. Scope creep is a common one, but customers, thinking that competitive bidding got them the best price were often surprised at how much the bids came in at—typically ranging from 25-50% higher than what Time and Materials may have cost. Partner risk padding has probably run off many customers, But as I said, few partners even offer this model today. The most prevalent model is the Time and Materials model, which may be based on an estimate. But Scope Creep rears its head just as often there, the difference being that the customer assumes the risk. Still, this usually works out cheaper than what a "Risk-Adjusted" Fixed Price would have been. Blocks Several years ago, we pioneered a variation on the Time and Materials model called "Support by Blocks". In that model, the customer pre-purchased blocks of time, like 80 hours, for example, for a single blended rate that was discounted for their pre-payment. These hours would be consumed by anyone on our team, developers, analysts, consultants, etc., to meet customer requests until the block was depleted. It was a better model for both the customer and us than traditional Time and Materials and has served us well for many years. The downside was that some customers became too focused on the hours, often hoarding them to stave off having to buy more. This also meant that they would never reach the full potential of what these solutions could achieve for them. It was understandable but frustrating for me to know what "could be". It often triggered their "we'll take it from here" reflex when a block was depleted. This always meant the end of the line for any hope of exploiting the full potential for their business. They were obliviously missing out on dollars to save pennies. Is it Time? I have had this idea in my head for many years about an "All-You-Can-Eat" subscription model to eliminate scope and hours from the equation. But to not go broke, you would have to either charge an astronomical amount or exclude the development work. And each time I had looked in the past, there was still way too much development work, relegating any Subscription to just Support. But in the meantime, Microsoft has continued to advance the low-no-code platform, and I was noticing the utilization of our code-writing developers was falling, and developers are some of the highest paid people in a partner organization. To confirm my thinking, we analyzed our customers over the last 18 months, and sure enough, the level of actual code development had continued to drop. In fact, in the previous 12 months, less than five percent of our customers needed any actual code development at all. Bingo! "The Works from Forceworks" I could not wait to take this new information and finally build the model I had been thinking about for years... so I did. "The Works" is that all-inclusive model with unlimited everything except code. One challenge is making sure a prospective customer understands what "Code" means. They seem to feel that anything they could not figure out themselves must be "Code" and fear that anytime they open their mouth, the "Code Alarm" will go off. But our analysis says that is not the case. And frankly, the way you make money on a "Service as a Subscription" is over time, so renewals are far more important than some quick buck made from the code alarm. If that "Code Alarm" goes off too often, or possibly even once, the renewal is at risk. Again, this model would not have been viable even two years ago, so I have to give Microsoft a big hug. The Big Gulp A model like this is not without its risks for us. For one thing, our primary competition was not other partners but rather customers thinking about hiring someone internally. While these people are not easy to find, the thought that they could be found limits what a customer would pay, and it would have to be less than an internal salary. We went with an extensive list of unlimited services, starting from and including deployment(s). There were some heated conversations internally about what could be realistically offered on an unlimited basis for a fixed monthly cost. Still, I pushed for the max, and I happen to own the company. The service does have a one-year term to prevent someone from maxing out capacity in the first month and then canceling. Resellers To work financially, we need scale in both customers and people for a model like this. We had dabbled with some resellers with our "Support by Blocks" model, but I was not happy with the results, both for us and the end customers. Adding a third party in the middle created conflicts. But this new model is perfect for resellers, who are all looking for a recurring revenue component that they can bolt onto their existing billing arrangements with their customers. And since it is "scopeless" and "unlimited", there really is no reason for conflicts. Summary It is early days, but we have already transitioned most of our current customers to this new model and have started onboarding new ones. So, the customer verdict seems to be in on the value proposition. I expect to be underwater for a while financially as we scale up, but I was prepared for that. I am "Betting the Farm" as they say. We are firmly planted in the battle for the limited talent, but even those folks seem to like this model, so I am not too worried about that. In fact, I have another idea for that, but I will let you in on that a little later :) Those of you who know me know that I am not afraid to try new business models, and so far, each one has been better than the last, and I feel stronger about this one than any other. Wish me luck!  

Many builders don't do cost tracking because they think they don't have enough time. The truth is when done properly, cost tracking can help you achieve your business goals sooner and in turn, generate more PROFIT.Today we talk about the basics of Cost Tracking, Fixed-Price contracts, getting paid to quote, markup percentages, demonstrating VALUE, and how these all work interdependently in the growth (and profit) of your contracting business. If you're curious about the business that we are in or franchising opportunities,  visit our websiteFollow us on all of our social platforms!LinkedInInstagramFacebookTwitterYouTubeTikTok 

Are you dreaming of your big project? One thing you should think through while you are day dreaming is the contract structure you would like to see. Exciting, hey? Different contract types have benefits and drawbacks. There is no right or wrong way to do it, but depending on your personality type you may lean one way or the other. In today's episode, we walk through a few pro's and con's of fixed price and cost plus pricing to help you be better prepared for when ink hits paper!

Learn More About House Academy Here We Now Use Real Estate Agents or Fixed Price MLS on Every Deal (HA 1650) Transcript: Steven Jack Butala:Steve and Jill here. Jill DeWit:Hello. Steven Jack Butala:Welcome to the Land Academy Show. I'm sorry, the House Academy Show today. Entertaining real estate investment talk. I'm Steven Jack Butala. Jill DeWit:And I'm Jill DeWit. And we're putting up with his allergies again. Broadcasting from the valley of sun. Steven Jack Butala:Today Jill and I talk about how we now use real estate agents or fixed price MLS on every deal. Jill DeWit:I'm going to do that every time. There's something oh, sorry. Allergies. Steven Jack Butala:Nobody knows what you mean now though. Jill DeWit:Well, if you listened Monday and Tuesday, you do. Steven Jack Butala:Yeah. Jill DeWit:Okay. So you have to go back and listen. It's funny. Steven Jack Butala:Before we get into it, let's take a question posted by one of our members on the landinvestors.com online community. It's free. And don't forget to subscribe on the Land Academy YouTube channel and comment on the shows you like. Jill DeWit:Amy T wrote, "Just starting out in Land Academy and in the process of watching all the wonderful videos. Would the more experienced members suggest starting out with an inexpensive land and make some mistakes before moving to infill lots?" What did they say? Steven Jack Butala:Oh, I want you to answer please. Jill DeWit:Oh, what do I think? Steven Jack Butala:Yeah. What would you do? If you're brand new? You're into it, she's into it. What do you do? You buy little properties and just see what happens or do you buy bigger properties and kind of go for it? Jill DeWit:Comfort zone. I think it's your comfort zone. Because some people walk into, this is how I roll, I'm going to walk in saying, "Oh, I got this. Good, bad or otherwise, I'm going to make it happen." My head might be a little too big in some situations but I walk in with a lot of confidence in a lot of situations, most and say, "All right, what's the fastest way for me to take what I know right now and make some real money?" So if that's my attitude, I'm going to go right away, start following the steps and I'm going to mail out and go for some bigger properties, knowing that doesn't matter how much money I have, because there's plenty of people on this group that is going to fund it. I'm going to find a rocking deal. I'm going to use somebody else's money. I'm going to make 50 grand on my first deal and split it with the guy and now I got 25, then I'm going to do it again and again. Now I got a hundred thousand. I'm going to go, "All right. Now, what do I want to do? How do I want to do this? Do I want to fund somebody else?" That's how I want to go. Jill DeWit:But not everyone has that confidence. They're like, "I don't know. I'm nervous. I do want to make sure I like it. I do want to make sure that this is for me, because there's a lot of moving parts. I like your idea, the way you guys did it. I've got $10,000 set aside. I'm going to buy 10 $1,000 properties. I'm going to double those and then I'm going to get all the kinks out and now I'm going to go do what that guy did or what Jill did kind of thing, whatever." So I don't think there's a wrong way, it's just whatever you're comfortable with. Steven Jack Butala:I've never in my life accomplished anything worthwhile within my comfort zone. I'm going through this right now, because I'm recording Land Academy 3.0 for release in January and I'm breezing through it, quite honestly. And here's why, because when we did the first one, the Cashflow from Land Program in 2015, we had a very, very low budget. If you watch it, you can see that. And I had to- Jill DeWit:I'm sorry. Steven Jack Butala:I had to at my age. Jill DeWit:I'm so sorry. No, it was not recorded on our cell phones. Steven Jack Butala:Not that this is real high budget, but. Jill DeWit:This is true. Yeah. What's changed?

We Now Use Real Estate Agents or Fixed Price MLS on Every Deal (HA 1650) - The Land Academy Podcast!

Learn More About House Academy Here We Now Use Real Estate Agents or Fixed Price MLS on Every Deal (HA 1650) Transcript: Steven Jack Butala:Steve and Jill here. Jill DeWit:Hello. Steven Jack Butala:Welcome to the Land Academy Show. I'm sorry, the House Academy Show today. Entertaining real estate investment talk. I'm Steven Jack Butala. Jill DeWit:And I'm Jill DeWit. And we're putting up with his allergies again. Broadcasting from the valley of sun. Steven Jack Butala:Today Jill and I talk about how we now use real estate agents or fixed price MLS on every deal. Jill DeWit:I'm going to do that every time. There's something oh, sorry. Allergies. Steven Jack Butala:Nobody knows what you mean now though. Jill DeWit:Well, if you listened Monday and Tuesday, you do. Steven Jack Butala:Yeah. Jill DeWit:Okay. So you have to go back and listen. It's funny. Steven Jack Butala:Before we get into it, let's take a question posted by one of our members on the landinvestors.com online community. It's free. And don't forget to subscribe on the Land Academy YouTube channel and comment on the shows you like. Jill DeWit:Amy T wrote, "Just starting out in Land Academy and in the process of watching all the wonderful videos. Would the more experienced members suggest starting out with an inexpensive land and make some mistakes before moving to infill lots?" What did they say? Steven Jack Butala:Oh, I want you to answer please. Jill DeWit:Oh, what do I think? Steven Jack Butala:Yeah. What would you do? If you're brand new? You're into it, she's into it. What do you do? You buy little properties and just see what happens or do you buy bigger properties and kind of go for it? Jill DeWit:Comfort zone. I think it's your comfort zone. Because some people walk into, this is how I roll, I'm going to walk in saying, "Oh, I got this. Good, bad or otherwise, I'm going to make it happen." My head might be a little too big in some situations but I walk in with a lot of confidence in a lot of situations, most and say, "All right, what's the fastest way for me to take what I know right now and make some real money?" So if that's my attitude, I'm going to go right away, start following the steps and I'm going to mail out and go for some bigger properties, knowing that doesn't matter how much money I have, because there's plenty of people on this group that is going to fund it. I'm going to find a rocking deal. I'm going to use somebody else's money. I'm going to make 50 grand on my first deal and split it with the guy and now I got 25, then I'm going to do it again and again. Now I got a hundred thousand. I'm going to go, "All right. Now, what do I want to do? How do I want to do this? Do I want to fund somebody else?" That's how I want to go. Jill DeWit:But not everyone has that confidence. They're like, "I don't know. I'm nervous. I do want to make sure I like it. I do want to make sure that this is for me, because there's a lot of moving parts. I like your idea, the way you guys did it. I've got $10,000 set aside. I'm going to buy 10 $1,000 properties. I'm going to double those and then I'm going to get all the kinks out and now I'm going to go do what that guy did or what Jill did kind of thing, whatever." So I don't think there's a wrong way, it's just whatever you're comfortable with. Steven Jack Butala:I've never in my life accomplished anything worthwhile within my comfort zone. I'm going through this right now, because I'm recording Land Academy 3.0 for release in January and I'm breezing through it, quite honestly. And here's why, because when we did the first one, the Cashflow from Land Program in 2015, we had a very, very low budget. If you watch it, you can see that. And I had to- Jill DeWit:I'm sorry. Steven Jack Butala:I had to at my age. Jill DeWit:I'm so sorry. No, it was not recorded on our cell phones. Steven Jack Butala:Not that this is real high budget, but. Jill DeWit:This is true. Yeah. What's changed?

Today on the show we're going to discuss the tricky topic of fixed priced quotes versus hourly rates. As you know there is no right or wrong answer however this podcast is designed to get you thinking about some of the pros and the cons of one versus the other. There are a lot of pros and cons to both fixed price and hourly and Jamie gives us his perspective from ProImage Electrical and how he runs his team and business. This is a great insight into how to make some decent money in your own business and along the way Jamie shares some of the things that have tripped him up over the years. As you'll hear on today's show Jamie has to deal with prickly customers like we all do. Listen in as he shares how he approaches a customer that is questioning the price and pay close attention to the lessons learnt in the discussion so you can avoid the same mistakes! === Join our Co-Op for Free Here: https://theelectricianscoop.com/free Follow our Instagram: https://www.instagram.com/theelectricianscoop/ Connect with Jamie: https://www.instagram.com/proimageelectrical/ Connect with Rob: https://www.instagram.com/rob.brus77/ Visit our site: https://theelectricianscoop.com/

After leaving a litigation role in London and feeling a bit disconnected from the world, Philip Evangelou signed up to a Nomad MBA, where he spent three months studying digital marketing in South Africa. Fast forward to 2020, and he then found himself at the end of an employment contract and at the beginning of […] The post OpenLegal: Removing barriers through fixed price subscription services (ep 92) appeared first on Lucy Dickens.

Join Murray Robinson and Shane Gibson in a no-nonsense Agile discussion. In this podcast, Murray and Shane talk about why projects with fixed price, fixed scope contracts often go way over time and budget. We talk about uncertainty, sales incentives and underestimating. How fixed scope contracts lead to big design up front, siloed delivery, authoritarian management and conflict with suppliers. We discuss how to use an agile approach to solve these problems. We talk about testing suppliers by starting small and scaling up. And we talk about agile contracts where you engage a supplier to provide a fixed team for a fixed time and budget to achieve a goal with a variable scope. You can read the podcast transcript over at https://www.ev0lve.work/podcast/fixed-price-contracts Listen to the podcast on your favourite podcast app: | Spotify | Apple Podcasts | iHeart Radio | PlayerFM | Amazon Music | Listen Notes | TuneIn |    Connect with Murray via email or Shane in the Twitter-sphere  @shagility.   The No Nonsense Agile podcast is sponsored by: Simply Magical Data

Fixed price vs. Time & Material - jak się rozliczać z klientami? --- Send in a voice message: https://anchor.fm/maciejkuchnik/message

In today's episode, Max goes into the nuts and bolts of Fixed Price contracts. Today we cover:- The ugly truth about the popular Cost-Plus contracts- The competitive advantage of having a Fixed-Price contract- How Fixed Price contracts can lead to more profit with the right systems and tools- The importance of empathizing with clients and delivering value- Quantity Take-Off service and Change Orders explained ... and much more!We do not focus on being the cheapest. We focus on presenting and delivering VALUE!If you're curious about the business that we are in or franchising opportunities,  visit our websiteTEXT US: +1 (250) 241-8866Follow us on all of our social platforms!LinkedInInstagramFacebookTwitterYouTubeTikTok

Fixed Price MLS listing vs Listing with an Actual Real Estate Agent (LA 1545) Transcript: Steven J Butala: Steve and Jill here. Jill DeWit: Hello? Steven J Butala: Wow. Welcome to Land Academy. Jill DeWit: Puberty just strikes at crazy times, doesn't it? Steven J Butala: Mid fifties. Jill DeWit: Exactly. Steven J Butala: I'm just now getting my adult voice. Jill DeWit: There you go. That's right. Steven J Butala: Figuratively and literally. Jill DeWit: You used to sound like your mom when you were 12 and now you sound like your mom again. Just kidding. Steven J Butala: Welcome to the Land Academy Show. Entertaining land investment talk. I'm Steven Jack Butala. Jill DeWit: And, I'm Jill DeWit. Steven J Butala: [inaudible 00:00:36]. Jill DeWit: I mean, hilarious. If my voice dropped four octaves. Steven J Butala: Know what else would be hilarious? If you were the data person for a week and I was the salesperson for a week. Jill DeWit: Oh my Goodness. That would be a disaster. Anyway, we are broadcasting from sizzling, Scottsdale, Arizona. But it's cool. Steven J Butala: Today, Jill and I talk about fixed price MLS listings versus listing the property with an actual real estate agent. Jill DeWit: Not like a fake real estate engine, a real one. Actual. Steven J Butala: Most of them are fake actually. Jill DeWit: That's why you put that there. You should say one that shows up. Just kidding. Steven J Butala: Before we get into it, let's take a question posted by one of our members on the landinvestors.com online community. It's free and if you're already a Land Academy member, please join us on Discord. Jill DeWit: Jeanette wrote, Hi Jeannette. Jill DeWit: "What flat fee MLS listing service is best for land? I hear a lot of people using Zillow, but if you use a different flat fee MLS service, it gets listed there anyway. Also, is the flat fee MLS fee per property, or does it allow for multiple property listings or switching properties for the listing period? Help, please." Jill DeWit: I can answer this. Steven J Butala: Oh, yes. Jill DeWit: Okay. I was waiting. So, it's per property and listing. You don't just... It's not like a turn it on, turn it off thing at six months to do like LandWatch or land and farm for your signature things. You have 10 that you could have running or five you can have running depending on whatever your deal is with them. Or you could put one up, it sells, take it down, put another one in its place. As long as you don't go over the five or the 10 or 20, whatever you have. So, this is a whole different thing it's per property. Jill DeWit: So, what does it cost? Anywhere from... I've seen deals down to man $39 for six months up to $400, 395 for six months, depending on the location. Because I think, I know that their contracts vary what each individual MLS and stuff, regions in the country charge these services. That's where the money difference comes in. Jill DeWit: So, do we want to jump into, I kind of answered her questions. Can we jump into the show because I'm going to talk even more about this. Steven J Butala: Today's topic fixed price, MLS versus listing with an actual real estate agent. This is the meat of the show. Jill DeWit: So, what the heck are we talking about? Steven J Butala: Well, let's define what the MLS is really quickly. Jill DeWit: That's... Okay. You define MLS. Steven J Butala: You took a lot of notes in this. Jill DeWit: I kind of did. Steven J Butala: This is right up your alley because we saw the vast majority or maybe all of our property with real estate agents now, so Jill's qualified. Jill DeWit: Do people not know what the MLS is? Steven J Butala: Yeah. People don't know. Jill DeWit: Okay. You define the MLS, then I'll define the different ways to get things right on the MLS. Steven J Butala: The MLS is an acronym for a Multiple Listing Service. There are approximately 344 ish of them in the country.

Fixed Price MLS listing vs Listing with an Actual Real Estate Agent (LA 1545) Transcript: Steven J Butala: Steve and Jill here. Jill DeWit: Hello? Steven J Butala: Wow. Welcome to Land Academy. Jill DeWit: Puberty just strikes at crazy times, doesn't it? Steven J Butala: Mid fifties. Jill DeWit: Exactly. Steven J Butala: I'm just now getting my adult voice. Jill DeWit: There you go. That's right. Steven J Butala: Figuratively and literally. Jill DeWit: You used to sound like your mom when you were 12 and now you sound like your mom again. Just kidding. Steven J Butala: Welcome to the Land Academy Show. Entertaining land investment talk. I'm Steven Jack Butala. Jill DeWit: And, I'm Jill DeWit. Steven J Butala: [inaudible 00:00:36]. Jill DeWit: I mean, hilarious. If my voice dropped four octaves. Steven J Butala: Know what else would be hilarious? If you were the data person for a week and I was the salesperson for a week. Jill DeWit: Oh my Goodness. That would be a disaster. Anyway, we are broadcasting from sizzling, Scottsdale, Arizona. But it's cool. Steven J Butala: Today, Jill and I talk about fixed price MLS listings versus listing the property with an actual real estate agent. Jill DeWit: Not like a fake real estate engine, a real one. Actual. Steven J Butala: Most of them are fake actually. Jill DeWit: That's why you put that there. You should say one that shows up. Just kidding. Steven J Butala: Before we get into it, let's take a question posted by one of our members on the landinvestors.com online community. It's free and if you're already a Land Academy member, please join us on Discord. Jill DeWit: Jeanette wrote, Hi Jeannette. Jill DeWit: "What flat fee MLS listing service is best for land? I hear a lot of people using Zillow, but if you use a different flat fee MLS service, it gets listed there anyway. Also, is the flat fee MLS fee per property, or does it allow for multiple property listings or switching properties for the listing period? Help, please." Jill DeWit: I can answer this. Steven J Butala: Oh, yes. Jill DeWit: Okay. I was waiting. So, it's per property and listing. You don't just... It's not like a turn it on, turn it off thing at six months to do like LandWatch or land and farm for your signature things. You have 10 that you could have running or five you can have running depending on whatever your deal is with them. Or you could put one up, it sells, take it down, put another one in its place. As long as you don't go over the five or the 10 or 20, whatever you have. So, this is a whole different thing it's per property. Jill DeWit: So, what does it cost? Anywhere from... I've seen deals down to man $39 for six months up to $400, 395 for six months, depending on the location. Because I think, I know that their contracts vary what each individual MLS and stuff, regions in the country charge these services. That's where the money difference comes in. Jill DeWit: So, do we want to jump into, I kind of answered her questions. Can we jump into the show because I'm going to talk even more about this. Steven J Butala: Today's topic fixed price, MLS versus listing with an actual real estate agent. This is the meat of the show. Jill DeWit: So, what the heck are we talking about? Steven J Butala: Well, let's define what the MLS is really quickly. Jill DeWit: That's... Okay. You define MLS. Steven J Butala: You took a lot of notes in this. Jill DeWit: I kind of did. Steven J Butala: This is right up your alley because we saw the vast majority or maybe all of our property with real estate agents now, so Jill's qualified. Jill DeWit: Do people not know what the MLS is? Steven J Butala: Yeah. People don't know. Jill DeWit: Okay. You define the MLS, then I'll define the different ways to get things right on the MLS. Steven J Butala: The MLS is an acronym for a Multiple Listing Service. There are approximately 344 ish of them in the country.

In today's episode, let's listen again to Joe's conversation with Nathan Hirsch, the co-founder of FreeUp - a solution platform to finding & hiring pre-vetted freelancers online, only allowing the top 1% into the network out of hundreds of freelancer applicants every week.   Nathan talks about how he co-founded a solution platform that caters to businesses in need of skilled freelancers to help business owners with website design and development, graphic design, sales and marketing, social media, and web content. He also shares how referrals reign in new clients, screening the best freelancers, and the challenges of remote work.   Episode Resources: FreeUp  FreeUp is on Facebook, Instagram, LinkedIn, and Twitter Outsourcing Masters Facebook Group Nathan Hirsch is on Twitter, Facebook, and Instagram Leave an Apple podcast review or binge-watch past episodes Send questions to yo@wpmrr.com for the next Q&A pod Visit the WPMRR website   What to Listen For: 00:00 Intro 00:53 Welcome to the pod, Nathan! 02:11 Started with selling books 03:30 At 20 years old, Nathan started his e-commerce business 05:21 Recruitment through referrals brought in more clients 06:34 Freelancers aren't exclusive with Freeup 10:03 Is the Top 1% the basis for hiring freelancers? 14:00 Big mistakes from people who fail to hire the right freelancers 17:11 Client contracts can go as an Hourly or Fixed Price project 20:50 Finding a technical co-founder if you aren't a technical person 24:26 To be a good business partner you can never say, “I told you so.”  27:24 FreeUp is a platform for remote work  30:17 How to find the best remote workers 33:00 Find Nathan online!

Photo: No known restrictions on publication.1971.This item consists of a black and white photograph taken from the surface of the moon during the Apollo 14 mission.Lunar Roving Vehicle DocumentsThe New John Batchelor ShowCBS Audio Network@BatchelorshowSurprise SpaceX to the surface of the moon for $2.89 B fixed price. Bob Zimmerman BehindtheBlack.comhttps://behindtheblack.com/behind-the-black/essays-and-commentaries/spacex-wins-competition-to-build-artemis-manned-lunar-lander-using-starship/?unapproved=1124553&moderation-hash=4e4fcf7622b2dd22bf9aeeca43d37cd5#comment-1124553

Today we have Tyler Detring with Ascend Construction breaking down when the best time to involve your general contractor when you are doing your first development. We have our hosts Brian Duck and Braden Cheek from The Criterion Fund, & Joel Thompson from Precision Equity along with Tyler Detring reviewing the best way to start your first development. Topics discussed: You have a piece of land you want to develop and you probably have an idea of what you want to do, but when do you bring in a general contractor? How do you find your General Contractor or GC? What questions do you need to be asking your GC when interviewing them for your job. What are the different types of ways a GC contracts with a Developer to build your building? Cost +, Fixed Price, Design Build, etc.. Learning how to mitigate your risk by making relationships with your GC and Architect. Make sure you trust your GC. Once the contract is signed and the work has started, you are in it for the long haul. *Be Sure to check us out on Spotify and Apple Podcasts for the Audio version of today's episode!** https://open.spotify.com/show/08KmNvqGV5HjmHUC8fLuce https://podcasts.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200 Links mentioned in this episode: https://AscendOK.com Invest.HowToInvestInCRE.com www.TheCriterionFund.com www.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://thecriterionfund.appfolio.com/im/investor/contact-us

Jack Clough is a partner of Nook Construction based in Melbourn Australia. He joins the guys to talk about building with fixed price in Australia.  Where to find our guest: https://www.instagram.com/nookconstruction/ https://www.nookconstruction.com/ This episode is brought to you by Duration Moulding and Millwork. DURATION is the industry leader in Poly-Ash moulding, millwork, beveled siding, and custom siding. Our products are available throughout the U.S. https://www.durationmillwork.com/ https://www.instagram.com/durationmouldingandmillwork/ Where to find our hosts: Nick Schiffer  https://www.instagram.com/nsbuilders/ https://bit.ly/nsbuildersyoutube Tyler Grace  https://www.instagram.com/trghomeconcepts/ John Hourihan https://www.instagram.com/heresjohnnyh/ https://www.instagram.com/vintagebuilders/ The Modern Craftsman https://www.instagram.com/the.moderncraftsman/ Music: "Dessert" by Nate Gusakov

If you outsource part of your software development project to a third-party, you may think that the best type of contract to sign is Fixed-Price: you set the scope, they promise the time and price, they deliver, you check the quality, and you pay. It sounds right, but in reality, it'll be a disaster. Instead, always sign Time&Material contracts: you tell them how much resources you need, they give you a quote per hour, you manage them, they work for you, you pay every month. This is much more effective. The video is here: https://youtu.be/xUALewcix44

Fixed-price-incentive contracts at the Pentagon Bill Russell, Director of Contracting and National Security Acquisition Issues at GAO, discusses what GAO analyzed when looking at how DoD is tracking outcomes of using fixed-price-incentive contracts Cyber survivability issues in DEOS and other contracts Bob Bigman, Founder of 2BSecure, discusses cyber survivability and DoD’s ability to implement and secure cloud offerings Updates on the Veterans Health Administration’s Innovation Ecosystem Danielle Krakora, Product Manager at the VA Office of Information and Technology, and Hunter Futo, Product Designer and Research Engineer at Electric Church, Inc., describe this year’s competition to develop solutions supporting frontline workers during COVID-19

Pricing your services as a freelancer is a really difficult thing to decide; should you price by the hour? Or create fixed-price packages? I'm sharing my thoughts and things to consider.Links & resourcesGoal Planner Workbook (with revenue goal formula): https://www.byrosanna.co.uk/blog/goal-planner-workbookCreate Your Cohesive Content Plan (free masterclass): https://www.byrosanna.co.uk/cohesive-content-plan-training-sign-up

Do you doubt fixed price quoting, think it might make your profitability fall apart? Here, I discuss how to use and manage it to protect you along the way. --- Send in a voice message: https://anchor.fm/smallfishcoach/message

When quoting for a project, which structure would you prefer - a fixed price or cost plus? In my opinion, fixed price is better. I'll tell you why in this story. --- Send in a voice message: https://anchor.fm/smallfishcoach/message

Are you sick of not making enough money?In this episode, Max discusses the benefits of Fixed Price over Cost Plus and how using this system not only leads to more profit - it also helps build trust and transparency with clients. If you're curious about the business that we are in or franchising opportunities, visit: https://businessforbuilders.ca/contact-us/Follow us on all of our social platforms!LinkedIn: https://www.linkedin.com/company/businessforbuildersInstagram: https://www.instagram.com/businessforbuilders/Facebook: https://www.facebook.com/businessforbuildersTwitter: https://twitter.com/BizforBuildersCheers!

Often freelancers ask me how do you set your prices and is it best to charge per hour or per project? To be honest, this is a continuous game of pros and cons, and it depends on the project. In freelancing, there are few types of fee structures you can choose from: Hourly pay Per project Unit-based (pay per word) Commission-based In this episode, you will…. Learn what is a fixed price project Know what are the advantaged and disadvantages of being paid per project Have a clear idea of why should you charge per project Understand why some clients prefer paying per project Insights: '' The dangerous zone of pay per project is that your client might treat you as an employee, not a contractor and they will feel entitled to just throw work at you or micromanage you.'' '' As the price is fixed, your customer will know exactly that the price he sees is the price he pays. There will be no surprises at the end of the project. This brings peace of mind for your client and knowing that they will afford it.'' Tips: Always draft a short and clear contract before you start working on a project·Set expectations and prevent any misunderstandings. Never start working on a project without having a deposit of at least 20%. You can also stretch it like 50% when you start and 50% at the project Make sure your contract has a due date for a deposit and a due date for the final payment. Why this matter? You will provide a quote for a client and he just disappeared. In 6-7 months, he is back saying he is ready to pay. But hold on, those were the rates at that time, in 6-7 months your rates might have gone higher. Make sure you are mentioning the accepted payment methods: bank transfer, PayPal, Venmo, etc. Leave room for negotiation with your client, however, keep in mind that you do not only have bills to pay, but you also need to make a living and plan financially for your future. BONUS: Get your free resources https://www.jumpinpodcast.com/resources Other ways to listen: https://www.jumpinpodcast.com/ Send me a voice message: https://anchor.fm/jumpinpodcast/message Contact Me: doina@jumpinpodcast.com Connect with Me: Instagram: https://www.instagram.com/jumpinpodcast/ Facebook: https://www.facebook.com/jumpinpodcast Twitter: https://twitter.com/jumpinpodcast --- Send in a voice message: https://podcasters.spotify.com/pod/show/jumpinpodcast/message

If you work in the Government acquisition world, this podcast is for you. (not just for Contracting Officers!)Kevin and Paul discuss the differences between Firm Fixed Price (FFP) contracts and Cost Reimbursable contract types, with a little Time and Materials (T&M) thrown in for good measure. _________If you enjoy this podcast, we invite you to check out the Skyway Community at skywaymember.com. The Skyway Community is the essential resource for anyone at any stage of starting, growing and running a government contracting business. We speak GovCon.Whether you are brand new to GovCon, just got your first contract, or you are already a successful government contractor, the Skyway Community will guide you to the next level.With our extensive tools and training, exclusive member discounts on consulting support, and a supportive and active community of peers to help you along the way, the Skyway Community is the perfect resource for anyone who is serious about winning more contracts.Give us a call at 877-884-5280 or check it out at skywaymember.com. ___________Kevin Jans and Paul Schauer created the Contracting Officer Podcast to help government and industry acquisition professionals understand more about how the other side thinks. As former government Contracting Officers who have also walked in industry's shoes, Kevin and Paul share their perspectives in support of the podcast mission: Make government contracts better, one contract at a time. Admittedly, the podcast’s name sounds very limiting. It is not just for contracting officers or even just for those in the contracting profession. Anyone with an interest in the Federal acquisition world can benefit from the insight and down-to-earth explanations of complicated topics provided by the hosts.

What's a fixed-price sponsorship? What the hell is CPM?! In today's show I take you through your two options for finding podcast sponsors, what it all means and what's best for indie podcasters like you and me. Welcome to The Podcast Accelerator, the thrice-weekly show that brings you podcast education, industry insights and straight-talking reactions to podcasting news.  I'm your host Mark Asquith, The British Podcast Guy and CEO and co-founder of Rebel Base Media, the podcast tech company that creates the Podcast Success Academy, Podcast Websites, Poductivity, Rebel Base Studios & http://captivate.fm/ (Captivate.fm), the world's only growth-oriented podcast host where you can get your first month of podcast hosting for just one dollar and transfer an existing podcast in, completely free. Thank you so much for joining me on the Podcast Accelerator, remember to tell your podcasting friends that the show is available to listen to for free in any app that supports podcasts and if you're wondering what the best next step to take for your own podcast is, whether you're a new or veteran podcaster, go and take our short, five minute survey where I'll help you to diagnose the main issue holding your show and your podcast growth back and give you access to our free, vibrant Podcast Rebellion community, weekly free group coaching from me, actionable and insider-only emails and even a free invitation to The Podcast Success Academy - invest five minutes now to grow your podcast by heading to https://www.rebelbasemedia.io/grow (https://www.RebelBaseMedia.io/grow). Don't forget the more you expect from yourself, the more you WILL excel! P.s. get your free 90 day AWeber trial right here, with code “ExEx” - https://www.markasquith.com/aweber (https://www.MarkAsquith.com/AWeber) This podcast uses the following third-party services for analysis: Podcorn - https://podcorn.com/privacy Podtrac - https://analytics.podtrac.com/privacy-policy-gdrp Chartable - https://chartable.com/privacy

In this episode, I want to talk about time and materials billing versus fixed price billing. Over the last dozen years, I've had the pleasure of working with many companies who sell services to their clients. Most of them have historically priced their services by the hour. I want to suggest why that might not be a great idea for you or your clients. This concept may make you feel a little uncomfortable, but take a listen and you'll see how a change in approach could make all the difference to you AND your clients

Is there merit in exploring a fixed-price sponsorship model for your podcast as opposed to being held at the whim of a low CPM rate that relies solely on download numbers? I believe so, you know. Welcome to The Podcast Accelerator, the thrice-weekly show that brings you podcast education, industry insights and straight-talking reactions to podcasting news. I'm your host Mark Asquith, The British Podcast Guy and CEO and co-founder of Rebel Base Media, the podcast tech company that creates the Podcast Success Academy, Podcast Websites, Poductivity, Rebel Base Studios & http://captivate.fm/ (Captivate.fm), the world's only growth-oriented podcast host where you can get your first month of podcast hosting for just one dollar and transfer an existing podcast in, completely free. Thank you so much for joining me on the Podcast Accelerator, remember to tell your podcasting friends that the show is available to listen to for free in any app that supports podcasts and if you're wondering what the best next step to take for your own podcast is, whether you're a new or veteran podcaster, go and take our short, five minute survey where I'll help you to diagnose the main issue holding your show and your podcast growth back and give you access to our free, vibrant Podcast Rebellion community, weekly free group coaching from me, actionable and insider-only emails and even a free invitation to The Podcast Success Academy - invest five minutes now to grow your podcast by heading to http://rebelbasemedia.io/grow (RebelBaseMedia.io/grow). Don't forget the more you expect from yourself, the more you WILL excel! P.s. get your free 90 day AWeber trial right here, with code “ExEx” - https://www.markasquith.com/aweber (MarkAsquith.com/AWeber) This podcast uses the following third-party services for analysis: Podcorn - https://podcorn.com/privacy Podtrac - https://analytics.podtrac.com/privacy-policy-gdrp Chartable - https://chartable.com/privacy

On today’s show we’re talking about how to save money by unbundling. There’s two ways to buy a service. You can pay an hourly rate, or you can pay a fixed price. It’s attractive for a buyer to pay a fixed price from a budgeting standpoint. If you are raising capital for a project, you need to know how much something is going to cost. You can’t simply write a blank check and hope that it will all work out the way you want. Some contracts are a guaranteed maximum price contract. In those contracts, you go through tremendous pains to make sure the scope of work is fully understood and you conduct a detailed review of the specifications to make absolutely sure that nothing has been missed. In a fixed price contract, the price is fixed, and so too is the specification. If there’s an error in the specification, you can expect to pay more to have it fixed. It’s often the case that when items are packaged together in a fixed price contract, you end up with some of the things you want and then other things you are not that keen on. You might feel stuck because you’re buying services and products that are not to your liking, in exchange for the certainty of a fixed price contract. I’ve seen this happen many times when dealing with construction contracts. There are some times when a construction contract is priced too high. That’s particularly true when the contractor doesn’t know how much time something will take. They tend to quote high to protect their margin. In those cases, it’s in your best interest to pay for the work on an hourly basis instead of paying a fixed price for a package. If you still want a guaranteed maximum price contract, then the solution might be to quote a time allowance for a particular line item in the contract. Any time over and above the allowance would be charged at an hourly rate. A simple case in point was a drywall plastering job that had three extra line items that were priced above the original scope of work. Each of the line items when bid at a fixed price came to $2,600 in extra work on top of the base contract. When I asked the person doing the work on site how much effort it represented, he estimated about 8 hours of work. There’s no way that I would spend $2,600 for only 8 hours of work. There’s no way I would spend that much if I paid for the extra work on an hourly basis. In that case, I went back to the manager for contractor and asked him to quote me an hourly rate for the extra work and then I gave him a blanket authorization for the extra hours. In the end, the extra work cost me $800 instead of $2,600. This was all with the same contractor. I don’t feel like the contractor was trying to rip me off in any way. They were estimating the job the way I would expect contractors to estimate the job. We are often conditioned to think that fixed price contracts are the best way to go. I’m here to tell you that it’s not always the case. Before you can realistically negotiate this with your contractors, you need the expertise in house to estimate the work and figure out what it should really cost. Sometimes the local knowledge of the site conditions can give you an advantage over the estimator who is trying to do their work quickly and efficiently. Their goal is not always to get you the lowest price. Their goal is to get the job done, to keep their people busy, and to minimize the time lost to mobilizing staff on and off the job site.

Greg Hall, UpperEdge's IT Sourcing Advisor discusses how to maintain and control a fixed price outsourcing agreement and how to manage change with the introduction of Deadband, ARC and RRC metrics.

Rozliczenia w branży mobile (i ogólnie w IT) Ile kosztuje produkt i jak długo zajmie jego wytworzenie? Popatrzymy zarówno z perspektywy klienta jak i firmy dostarczającej serwis. Jakie zalety i wady mają Fixed Price i time and materials? Który sposób rozliczenia wybrać w danej sytuacji? Opowiemy o wszystkich za i przeciw i jak to wygląda w praktyce. Krzysztof mocno mnie zaskoczył argumentami za T&M. Zapraszamy do wysłuchania podcastu, komentowania i udostępniania. Masz opinię na temat naszej rozmowy? Daj nam znać na FACEBOOKU, LINKEDINIE, TWITTERZE.  Z autorami najciekawszych komentarzy nagramy podcast. Miłego słuchania! Linki: Artykuł Krzysztofa: https://productvision.pl/2018/jaki-model-wspolpracy-z-dostawca-wybrac-fixed-price-vs-time-and-materials/ Jędrzej: https://www.linkedin.com/in/jedrzejpaulus/ Krzysztof: https://www.linkedin.com/in/krzysztofwojewodzic/ Kontakt: jedrzej.paulus@gmail.com Muzyka: Kevin MacLeod Werq Kevin MacLeod (incompetech.com)Licensed under Creative Commons: By Attribution 3.0 Licensehttp://creativecommons.org/licenses/by/3.0/

  FCME uploads new episodes every Friday morning at 6:00 a.m. MST. Topics include proposal writing, bonds, types of contracts, why do business with the federal government, 8(a), business services for veterans and women, where federal opportunities are listed, and more. You can listen to the podcast here or with your favorite podcast provider (iTunes, Google Play, Spotify, or Stitcher). FCME is also active on social media and launched the Federal Contracting Made Easy YouTube channel on January 1, 2019.   Website Facebook Twitter Instagram YouTube   Friday September 27, 2019 Episode #097 Termination for Default (T4D) - Contractor Edition Government Will Protect Itself Remember, that the Government is going to protect itself first and foremost. So, they will insert clauses that provide them with an option if the contractor does not perform the work or provide the services within the time frame specified. Also, if the contractor does not use the correct materials or refuses or fails to perform the work as required. No matter what you do not want to face a Termination for Default on a government contract. If you were hiring a contractor to perform work for yourself, you would want to protect your interests also. This is good business sense. Below I have listed the FAR references for termination of default for your reference. FAR References for Terminations for Default You will find the FAR reference for Termination for Default below: • 52.249.8 – Supply and Service, Fixed Price • 52.249.9 – Research and Development, Fixed Price • 52.249.10 – Fixed Price Construction   Up to this point we have been providing you an overview of contract terminations. Now let's go more in depth. Starting with the termination for convenience. Termination for Default Earlier, we mentioned that a termination for default means that the government believes that the contractor may have not performed on the contract in accordance with the contract terms. Now, let's look at the steps involved if the government wishes to terminate a contract for default. Memorandum for Record The first step the government will take is to deliberate and decide the most appropriate action to take. The government will not take this action lightly. To do this the government will prepare and review a Memorandum for Record which addresses the factors contain in FAR 52.249-3. Once the factors have been determined and review the government will make a termination decision. What factors will the government review? Well, the government will review and evaluate the following factors: 1. The terms of the contract along with applicable laws and regulations; 2. The specific failure by the contractor on the contract and the excuses for the failure; 3. The availability of the supplies or services from other sources; 4. The urgency of the need for the supplies and/or services. To include the time period required to obtain them from other sources as compared with the time in which delivery could be obtained from the delinquent contractor. 5. The degree of essentiality of the contractor in the Government acquisition program and the effect of a termination for default upon the contractor’s capability as a supplier under other contracts; 6. The effect of a termination for default on the ability of the contractor to liquidate guaranteed loans, progress payments, or advance payments; and/or 7. And any other pertinent facts and circumstances.   As you can imagine a termination for default has serious implications not only for the contractor but the government also. Next we will look at those implications. Impacts Both Government and Contractor As you can tell there is a ton of information that the contracting officer will have to gather and deliberate with their legal department. Basically, a termination for default hurts both parties. The government does not get the goods or services that it needs, and the contractor has a blemished record. As you can imagine a termination for default is overwhelming to the contractor. A termination for default results in suspension and debarment or criminal conviction. If you are a construction contractor your surety company will use your bond to find another contractor to perform the contract. That is if the government elects this route. All of this should not take lightly. If you are headed down this road it is imperative that you have a great legal team on your side. In addition, if your contract was terminated for default and you received a termination letter, you may still be entitled to payment for work that was properly performed in agreement with the contract before termination. FCME uploads new episodes every Friday morning at 6:00 a.m. MST. Topics include proposal writing, bonds, types of contracts, why do business with the federal government, 8(a), business services for veterans and women, where federal opportunities are listed, and more. You can listen to the podcast here or with your favorite podcast provider (iTunes, Google Play, Spotify, or Stitcher). FCME is also active on social media and launched the Federal Contracting Made Easy YouTube channel on January 1, 2019. Website Facebook Twitter Instagram YouTube   Now let's talk about the Other Factors and circumstances that the government reviews. Terminations - Other Factors Remember in the beginning of this blog we stated that the government may terminate a contract if it feels it is in its best interest to do so. As a result, the government has the right to termination all or only part of a contract to include: • Attempted fraud by contractor. • Contractor failure to meet quality requirements. • The Contractor failure to deliver the supplies or perform the services within the time frame specified in the contract. • Failure by the contractor to perform any other provisions contained in the contract.   Will the government just start termination proceedings without my knowledge? No, the government will notify you. Up next, we will talk about the Delinquency Notices. Terminations - Delinquency Notices There are two delinquency notices available for use by the government. The first notice is called a “Cure Notice” and the second notice is called a “Show Cause Notice”. Basically, the FAR states that the government must notify the contractor that they are responsible for a condition that is threatening performance of the contract. See FAR 49.607 for more information on delinquency notices. Next, we will discuss the “Cure Notice”. Terminations - Cure Notice A cure notice is a written document sent to the contractor by the government, notifying the contractor that there is a contract issue that must be resolved. Cure Notices are issued when a contract is in jeopardy of being terminated prior to the delivery date. Before the government can use this notice, they must ensure that there is enough time left on the contract delivery schedule or any extension. Why? The government must provide the contractor with enough time to resolve the issues affecting the contract. This time period is generally 10 days. If the timing is not enough to permit a realistic “cure” period of 10 days or more, the “Cure Notice” cannot be issued. Terminations - Ten Days to Respond So, what happens if there is not 10 days or more available on the contract? The government has the option of issuing another delinquency notice called a “Show Cause Notice”. But first, let’s discuss what a contractor should include in their written response to the government regarding the cure notice. Contractor’s Response to Cure Notice It is imperative that you, the contractor, respond to the cure notice within the time frame specified on the letter. You will want to include the following information in your response to the government. • Discussion of alleged problem to be a condition affecting contract performance. • Any Corrective plan to cure the alleged condition. • Who will bear the cost of the corrective work? • Schedule of performance of corrective work • Impact of corrective work on completion of the contract. • Actions that contractor has taken and will take to reduce the effect of the condition upon completion. • Government’s role in causing the condition. • Any other relevant factors bearing on timely completion of contract.   Terminations - Address All Allegations Remember that you only have 10 days to respond to the cure notice. It is important that you address all the allegations contained in the notice and present your side as best as possible. Now, let’s move on to the other delinquency notice, the “Show Cause Notice”. Terminations - Show Cause Notice As stated earlier a “Show Cause Notice” may be issued when the contract delivery schedule is not sufficient to permit a realistic cure period of 10 days or more. This notice will advise the contractor that the government is considering terminating the contract for default. Also, the government has not made a final decision on this matter. The government needs to determine if the contractor failed to perform was from causes beyond its control and without fault or negligence on the contractor’s part. FCME uploads new episodes every Friday morning at 6:00 a.m. MST. Topics include proposal writing, bonds, types of contracts, why do business with the federal government, 8(a), business services for veterans and women, where federal opportunities are listed, and more. You can listen to the podcast here or with your favorite podcast provider (iTunes, Google Play, Spotify, or Stitcher). FCME is also active on social media and launched the Federal Contracting Made Easy YouTube channel on January 1, 2019. Website Facebook Twitter Instagram YouTube   Gather Facts The contractor is given an opportunity to present any facts to the contracting officer (in writing) within the 10 days after receipt of this notice. If the contractor fails to present any facts within the 10-day period, the government may consider this an admission that none exist. Do not under any circumstance fail to submit your response in writing to the contracting officer. The government will consider this is an admission of fault. Besides the government may not have all the facts or may have left out important facts in your favor. What should a contractor include in their written response to a “Show Cause Notice”? That is what we will discuss next. Contractor’s Response to Show Cause Notice It is suggested that a contractor address the following when responding to a “Show Cause Notice”: • Discuss your contract performance over the term of the contract. • Make sure you address your control over the work performed on the contract. • State your reasons why you are not at fault or negligent regarding the alleged deficiency. • Present the percentage of cost completion on the contract. • Make sure to address the fact that the project completion will be delayed because of this wrongful termination. • Include the delay to project completion caused by this wrongful termination • Address a possible conversion of Default Termination to a Convenience Termination.   Things to Consider When writing your response to either a cure notice or show cause notice it is important to remove the personal feelings from the letter and state the facts as you see them. Now is not the time to let your emotions get the better of you. Make sure that you have someone review the letter being as objective as possible. Remember a Termination for Default has serious consequences not only for you but the government also. A contractor that received a Termination for Default must disclose this fact when bidding any new work. This will impact your past performance rating as well. In addition, the government may hold the contractor responsible for costs if the default is converted to a Convenience Termination, because the contractor may pursue recovery of allowable costs associated with the termination. Is there an Excusable Behavior? If you can show that your failure to perform the contract was excusable, your contract cannot be terminated for default. In order to be excusable, the failure must be beyond your control and not your fault or neglect. Examples of Excusable Behavior The following are examples of excusable failures: • Acts of God • Acts of public enemy • Actos of government • Fires • Floods • Epidemics • Quarantine restrictions • Strikes • Freight embargoes • Unusually severe weather.   What Happens if the Default is Excusable? If after the termination you are found not to be at default or the default is excusable, the termination will be treated as one for the convenience of the government. As a result, the government will remove the bad image that the termination for default gave you and you will recoup some of your money back as well. This is great news for you and your business. However, what happens if the buying agency or contracting officer does not agree with you? Or worse, you believe their decision is not correct? Well, the contracting regulations provide contractors with several remedies, all the way from filing a simple protest or dispute to taking the government to court. Summary While no contractor wants to face a termination for default there are things that you can do to protect yourself. One of the biggest things to do is to document EVERYTHING and HIRE the BEST Attorney! For more articles from our author click here. Or you can listen to our podcast or YouTube channel call Federal Contracting Made Easy.

Friday September 20, 2019 Episode #096 Termination for Convenience. Those three little words are something that no contractor wants to hear. After all, who wants the government to seek termination actions on their contract. But let's be honest, it does happen. Contract terminations can happen at any time. Sometimes the contractor is at fault and sometimes the contractor is not at fault. Our goal for today’s episode is to educate you on the procedures that transpire when the government terminates a contract. In addition, we will go over the resources available to both parties (government and contractor). Remember the better educated you are the better business decisions you can make. Up next, we will go over the contract termination options used by the government. Types of Contract Terminations There are three types of contract terminations available to the government. The first called Terminate for Convenience otherwise known as T4C. The second called Termination for Default otherwise known as T4D. The third termination called the no-cost cancelation. Generally, contracts greater than $25,000 will contain a contract clause allowing the government to terminate the contract if the contractor defaults on the contract. The reason for this is obvious. The government needs to protect itself. Because it is in the government's best interest to do so. The Government will use a Termination for Convenience clause when it is in the Government’s best interest to do so. If you have been following along with our episodes, you will notice that this is a common theme with the government. In essence, this allows the Government an exit strategy. The government can now discontinue a contract due to technological developments that make the contract obsolete. Perhaps there is a lack of funding due to budgetary restrictions. Finally, the government can terminate the contract because the work is no longer needed. Thus, allowing the government to reallocate taxpayer money for something that needed by the government. Essentially this clause avoids liability for the government for a Breach of Contract action by a contractor. Next we will look at the Federal Acquisition Regulation (FAR) references for Termination of Convenience. FAR References for Termination of Convenience Below, I have included the FAR references for Termination for Convenience: • 52.249.1 & 2 – Fixed Price • 52.249.3 – Dismantling, Demolition, or Removal of Improvements • 52.249.4 - Services • 52.249.5 - Educational & Other Nonprofit Institutions • 52.249.6 - Cost-Reimbursement • 52.249.7 - Fixed Price Architect-Engineer   It is important that you review the clauses contained in your contract. Generally these clauses are the only ones that the contracting officer can use. Make sure to go to the FAR and read about each clause. Make sure that you not only read but comprehend what is contain in the clause. Sometimes the wrong clauses added to a contract. If you suspect that a clause is not relevant contact your contracting officer immediately. Do this before you even begin work on the contract. Notifications As we discussed earlier, a termination for convenience allows the government to terminate all or part of a contract for its convenience. When the government terminates a contract for convenience, they must notify you in writing. The notice of termination must contain an effective date of the termination, the extent of the termination and any special instructions. What do you mean when you say the extent of termination? Well, the government may not eliminate the entire contract but only a portion of the contract. Thus, leaving part of the contract still intact. If the government leaves part of the contract intact then you, the contractor, will need to perform the parts of the contract that the government did not remove. Next we will discuss termination notices. Termination Notice The termination notice will instruct the contractor to stop work immediately only on the terminated portion of the contract. This includes any subcontractors that are performing work on a portion contract that the government is terminating. However, the contractor and subcontractors must still perform the portions of the contract that are not terminated. In addition, the government will settle termination claims from both the contractor and its subcontractors. Good to know right! You must follow the instructions in the termination notice. If you fail to do so you are opening yourself up to risk and expense. The government will include detail instructions on the protection and preservation of all property that is or may become government owned. Do not under any circumstances continue to perform work on any portion of the contract that the government is terminating! The chances of you being reimbursed for expenses is low. Next, we will talk about the settlement process. Settlement Because the government is eliminating part or all of a contract they still must compensate you for the work that you have performed and any preparations that were taken before the termination. In addition, the government is required to make a fair and prompt settlement with you. Generally, this will result in a negotiated agreement between both parties. The objective here is to compensate you fairly and fully for the work you have done and for any preparation you have made for the terminated portion of the contract. Also a reasonable allowance for profit is also included. This settlement is much easier in cost-reimbursement contract since you were reimbursed on a cost basis since the beginning of the contract. Furthermore, you are entitled to recover all allowable costs incurred in settling a termination for convenience. These reimbursable costs include: • Costs incurred for work completed and accepted at the time of the Termination; • In addition, costs considered include allowable, allocable, and reasonable; • Don't forget your profit on the above costs incurred; and • Finally, close-out, demobilization, and settlement proposal costs associated with preparing a final cost proposal for submission to the government are allowable, less profit.   As soon as you receive notification that the government is going to terminate a portion or the whole contract start gathering the above information. It is in your best interest to be as detailed as possible. Besides you do not want to leave money on the table. Termination - Settlement Agreement More importantly, the government will retain the right to approve or ratify any settlements made with subcontractors. Once the government and the contractor agree to all or part of your compensation claim as a result of the termination, a written amendment is made to the contract. This is known as a settlement agreement. Your contracting officer will amend the contract accordingly. Under normal circumstances a termination will stop regular payments to you under a contract. However, since you may have money tied up in finished and unfinished products, materials and labor, most termination clauses provide you with interim financing through partial payments. In fact, discuss this with your contracting officer as soon as possible. In future articles, we will discuss your rights for termination for convenience. Make sure to sign up to our newsletter so that you are kept up to date on our latest articles. Don't have time to read? Check out our podcast or YouTube channel for more information.

What does Boston Bib Lettuce, and a fixed price all you can eat buffet have to do with our upcoming elections? In this episode of Chatter that Matters, Tony looks at each parties campaign slogan and platform by comparing it to a buffet line, with endless promises, but many without substance. He challenges the Liberal parties slogan #ChooseForward and whether it is any different than the Conservatives #GetAhead. He calls them both Boston Bib Lettuce that lack differentiation, plate appeal or bite. He looks at each #JustinTrudeau, #AndrewScheer etc, persona. Tony then goes on a rant to describe how each party hopes to entice you but why this years food fight will shift from mass media to social media. He encourages us all to think about three things before voting, and to put collective ahead of self interests. Its the type of fresh thinking you get when someone isn’t tethered to the purse strings of any party.

This Podcast Is Episode Number 0325, And It Will Be About Construction Company Marketing - Leads, Customers, And Clients It takes work to make the phone ring. It takes even more work to increase the sales ticket. Customers are looking for a contractor to do a little work. If you offer three options, do you find customers usually choose the middle option?    When trying someone new, they may go with a "Low Risk" by prepaying for services on a "Deal" on a contractor lead generation service. The deal allows them to set a "budget." It allows them to try you out before mentioning any additional details. Have you ever heard anything like this from a prospect: "Hello Contractor, I had nothing better to do this week, so I filled out your form and called you on the phone to ask you come to my house and while I act your tour guide because I am thinking of having some work done."? Not likely.   Most homeowners have a real need before asking for a stranger to come to their home. They are looking for any "Affinity" that makes you a safe choice. This is why people are on the Social Media sites looking for "A Friend" or "A Friend of a Friend" anything to get a primary connection; an opinion from someone else before inviting you into their home.   What They Are Thinking - "Contractor, You Are Here Because I Need The Following":   Type 1 Project - Immediate:  Work That Must Be Done   Type 2 Project - Soon:  Work I Should Have Done   Type 3 Project - Future:  Work I Want To Have Done   You are there looking for an opportunity to meet the right stable customer who is looking to become a good solid client. You know you have a client instead of a customer when they ask you about a Type 2 or Type 3 items on their list. Don't be afraid to bring out the estimate, change order form, or invoice. In most cases, they want you to write up the order, and if you do not get the paperwork started early, they often think you are rejecting them.   One of your greatest fears is wasting money on a less than good lead:    I have heard contractors think that on more substantial projects homeowners are "Just Getting Free Ideas" for someday when looking for a massive remodel, new deck or patio when the SCOPE of the project keeps expanding and the budget is shrinking. As a general rule, those are the exception. Consider charging a design fee.   They may or may not have any real desire for services. Sometimes a person is committed to collecting three bids when they already have someone picked out to do the work. They may be looking for a "temporary friend" to do them a favor or in some cases by the time you have completed the form they have changed their mind and no longer want service. This is often the case when one spouse or partner wants the work done, and the other one doesn't.   Do-It-Yourself Leads:    Anytime someone who fills out any website form you simply look at the information with a positive attitude. You are trying to understand does this person have a real need? Do they have a "Compelling Reason" a must-have or is it merely a whim, spur of the moment window shopping?   Your best course of action could be to begin thinking and planning about how you can adjust the schedule to fit their project in place — mentally gearing up on how you can provide the best possible service to that client. That means "A Client" not just "A Customer"; someone who is in the top 20% of the 80/20 Rule.   Marketing Service Leads:   Many Marketing Services assist in fine-tuning, changing, or updating your existing website to increase your search engine optimization (SEO) for more leads on your website. These marketing companies may have a web-based or desktop module for estimating, scheduling, or project management software that links to your existing website. Some software will connect to QuickBooks for Contractors; however, in most cases, they do more harm than good. Others will suggest their software provides invoicing, job costing, scheduling, and financials and QuickBooks is not needed.     Professional Lead Generating Services:    Professional lead services with filters and multiple forms try to weed out bogus leads for you. In other words, a professional lead service that pre-screens prospects and charges a "lead generating" fee may work best for you.   Discount Coupon Services:    Several companies offer this service. With the help of a sales representative you can determine the best "Deal" to extend your prospective customers to purchase online. Usually, these types of contractor lead-generation services deduct their fees and send the contractor the balance that is left over.   The benefit to contractors is a "Guaranteed Sale" usually at a "Fixed Price" for a predetermined "Scope of Work." Depending on the agreement between the contractor and the lead generation service, there could be opportunities for additional work. Be sure to keep some change order forms handy in case you need them. We have some FREE Change Order Templates you can download by clicking here. Also, if you need it, we have FREE Invoice templates you can download by clicking here.   Please note in most cases it is up to the contractor to invoice and collect for any services that exceed the amount covered in the "Discount Coupon" for services. It is okay if you want to do as much as possible in the shortest space of time to save the customer from exceeding the cost of the initial Coupon Deal. However, it is a shame not to fix everything while you are onsite because "Work Time" generally pays better than "Windshield Time."    There are several opportunities to add value with the intangibles: your warm and friendly personality, by asking the right questions you can demonstrate knowledge and skill which can often lead to increased sales.   Sales Tax Still Applies:    In most states and especially in Washington State, sales tax is due on the original purchase price of the "Deal" or "Coupon" or whatever term is used before deducting any lead generation fees.    The sales tax issue usually is not clearly understood or documented in the coupon details. Sometimes contractors and customers assume since the purchase was made online that sales tax does not apply. In a sales tax audit, the contractor is most likely to suffer massive fines and penalties which could destroy your construction company and everything you own. Again consult with your construction accountant.   Print Media:  Flyers and direct mail still works even in the age of "Everything Internet" we all receive a certain number of brochures and direct mail pieces coming to our home and business. One of the advantages is that these pieces are easy to find (we all have a particular spot for them) before they get moved and saved, filed, passed on to someone else, or eventually tossed away.    There is a marketing tool many of our contractor clients have used very effectively, which we call "Contractors Six Pack Marketing Tool," and it is totally Do-It-Yourself.  Conclusion: What Is The Focus Of Your Construction Company?   Residential or Commercial?  Do you like dealing with the Homeowners, Landlords, or Property Management Companies? Alternatively, are you a General Contractor or Specialty Trade Contractor? Do you enjoy new construction, commercial tenant improvements (T.I.'s), apartments, condominiums, Co-ops, remodels or service and repair? Marketing is all about doing something.   Are you reading the fine print? Are you locked into a long term contract? Are you in control? Can you make changes in location? Can you make changes to the business type? Can you Turn On or Turn Off your lead services? Finally, take a few minutes to think and talk to other contractors.   We provide "Above The Line" consulting, coaching, operational assistance in processes that are designed to help you grow. We help a little or a lot depending on your needs. I look forward to being able to assist you with any option that best fits your company.  Please feel free to download all the Free Forms and Resources that you find useful for your business.   About The Author: Sharie DeHart, QPA is the co-founder of Business Consulting And Accounting in Lynnwood, Washington. She is the leading expert in managing outsourced construction bookkeeping and accounting services companies and cash management accounting for small construction companies across the USA. She encourages Contractors and Construction Company Owners to stay current on their tax obligations and offers insights on how to manage the remaining cash flow to operate and grow their construction company sales and profits so they can put more money in the bank. Call 206-361-3950 or sharie@fasteasyaccounting.com Download the Contractors APP today from the App Store or Android Store Access Code: FEAHEROS Click here to download the App on Android: Click here to download the App on iOS: Simply scan the QR code or search for ‘MyAccountants’ in the App Store and enter the Access code: FEAHEROS to utilize the powerful App features and capabilities, and benefit from having our Construction Accounting App at your fingertips, 24/7." PS: Even if you are not a Construction Contractor you will find a plenty of benefits in the app so we invite you to download it too! It's Free so why not? When You Become A Client - Then we can tap into our resources of knowledge and strategy banks. We use the reports hidden in your QuickBooks in order to diagnose and understand your construction business and develop plans and help you implement a path to success for you and you alone because every contractor has unique Strengths, Weaknesses, Opportunities and Threats (S.W.O.T. Analysis) that when understood can lead to a Strategic Roadmap which cannot help but make a lot of money. We Remove Contractor's Unique Paperwork Frustrations  

If more of us valued home above gold, it would be a merrier world.若大家爱家庭更胜于黄金，世界一定会更美好。[The Hobbit: The Battle of the Five Armies│哈比人：五军之战(2014)]讨价还价How much discount do you give?你们打几折？Could you cut the price a little, please?你可以把价钱降低一点吗？Is there a discount for two?买两个能不能算便宜一点？Is this the sale price?这是特价后的价格吗？I'll take it if you give me a discount.你帮我打折我就买。国外观光区的商品定价通常偏高，游客向老闆杀价或讨折扣， 几乎是不可避免的过程。但若是商家已在门口或牆壁贴上Fixed Price（不二价），表示不愿意降价，游客就不应该再开口杀价，以免显得不礼貌，成为不受欢迎的拗客。

If more of us valued home above gold, it would be a merrier world.若大家爱家庭更胜于黄金，世界一定会更美好。[The Hobbit: The Battle of the Five Armies│哈比人：五军之战(2014)]讨价还价How much discount do you give?你们打几折？Could you cut the price a little, please?你可以把价钱降低一点吗？Is there a discount for two?买两个能不能算便宜一点？Is this the sale price?这是特价后的价格吗？I'll take it if you give me a discount.你帮我打折我就买。国外观光区的商品定价通常偏高，游客向老闆杀价或讨折扣， 几乎是不可避免的过程。但若是商家已在门口或牆壁贴上Fixed Price（不二价），表示不愿意降价，游客就不应该再开口杀价，以免显得不礼貌，成为不受欢迎的拗客。

If more of us valued home above gold, it would be a merrier world.若大家爱家庭更胜于黄金，世界一定会更美好。[The Hobbit: The Battle of the Five Armies│哈比人：五军之战(2014)]讨价还价How much discount do you give?你们打几折？Could you cut the price a little, please?你可以把价钱降低一点吗？Is there a discount for two?买两个能不能算便宜一点？Is this the sale price?这是特价后的价格吗？I'll take it if you give me a discount.你帮我打折我就买。国外观光区的商品定价通常偏高，游客向老闆杀价或讨折扣， 几乎是不可避免的过程。但若是商家已在门口或牆壁贴上Fixed Price（不二价），表示不愿意降价，游客就不应该再开口杀价，以免显得不礼貌，成为不受欢迎的拗客。

If more of us valued home above gold, it would be a merrier world.若大家爱家庭更胜于黄金，世界一定会更美好。[The Hobbit: The Battle of the Five Armies│哈比人：五军之战(2014)]讨价还价How much discount do you give?你们打几折？Could you cut the price a little, please?你可以把价钱降低一点吗？Is there a discount for two?买两个能不能算便宜一点？Is this the sale price?这是特价后的价格吗？I'll take it if you give me a discount.你帮我打折我就买。国外观光区的商品定价通常偏高，游客向老闆杀价或讨折扣， 几乎是不可避免的过程。但若是商家已在门口或牆壁贴上Fixed Price（不二价），表示不愿意降价，游客就不应该再开口杀价，以免显得不礼貌，成为不受欢迎的拗客。

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In this episode Casey explains what a fixed price contract is, and why he doesn't use them for his clients in his construction business. Casey Grey is a licensed carpenter, he is the Founder of The Conscious Builder where he and his team focus on building and renovating homes “consciously”. Ultimately, these are homes that are cheaper to operate, better for the environment, more comfortable to live in and, most importantly, healthier for the families who live in them. For enquiries contact us directly at 613-693-0914 or email us at info@theconsciousbuilder.com Website: https://www.theconsciousbuilder.com/ The Conscious Builder Podcast: Building with Natural Building Products: https://itunes.apple.com/ca/podcast/42-building-natural-products-sustainable-building-chris/id1188092758?i=1000414931664&mt=2 Facebook https://www.facebook.com/theconsciousbuilder Twitter https://twitter.com/buildconscious Instagram https://www.instagram.com/the_conscious_builder/ Do you have a question we can answer? Comment or message us on social media using the hashtag #askCaseyG and we'll answer it on a future episode. Last Episode: Why you need an ERV in a dry winter and humid summer climate? https://youtu.be/8x00QpMo5ZM   Disclaimer Videos produced by The Conscious Builder Inc. are provided for informational purposes only. The information contained in the videos is intended to give general guidance to simplify residential construction projects. Because tools, products, materials, equipment, techniques, building codes and local regulations are continually changing, The Conscious Builder Inc cannot and does not assume any responsibility or liability for the accuracy of the information contained therein. Further, The Conscious Builder will not accept any claim for liability related to, but not limited to, omissions, errors, injury, damage or the outcome of any project. It is the responsibility of the viewer to ensure compliance with all applicable laws, rules, codes and regulations for a project. The viewer must always take proper safety precautions and exercise caution when taking on any project. If there are any questions or doubt in regards to the element of a plan, please consult with a licensed professional.

Series: Biblio File in France Héloïse d'Ormesson is a French publisher who founded a publishing house that bears her name. She studied comparative literature at Yale University in the United States, where she landed her first job in publishing, and then returned to France to work at Flammarion as director of foreign literature, and subsequently as an editor at Denoël, Laffont, and within the Gallimard group of companies. In 2004, she founded Editions Héloïse d'Ormesson with her partner Gilles Cohen-Solal. She is the daughter of famed French writer Jean d'Ormesson   We met at her offices in Paris to discuss, among other things, why so many editors become publishers, a publishers' freedom and control, illustrated covers and French tradition, readers versus customers, the lack of good literary agents in France, Fixed Price and the importance of booksellers; publishing as a cultural industry, Amazon, Heloise's heart and soul, her father Jean, books in the house at an early age, bookshelves as walls and furniture; favourite bookstores, The Scarlet Letter, Mollat in Bordeaux, championing books, the Grand Prix Jean d'Ormesson award, overlooked masterpieces, Jacques Stephen Alexis's In the Flicker of an Eyelid, luck, every book being unique, the lack of a formula for success, and thrills. 

Fixed-price contracts are well-known among contractors. These agreements seem simple — they do not allow the contract price to be modified after the award unless the parties expressly agree. But is it really that simple? In reality, there is very little case law guiding the practical approach to these types of contracts. In this podcast, Marion Hack, a partner in Pepper's nationally recognized Construction Practice Group, which Chambers USA recently named Construction Law Firm of the Year, discusses the definition of fixed-price contracts and cases in which the audit provision in the contract has been unsuccessfully used to assert claims for reimbursement and False Claims Act liability.

Purchasing - How To Add C-Suite Expertise To Your Business Joanne Summers offers purchasing expertise. Her business, BuyerBeSure.com helps businesses with virtual purchasing expert placements. The end result is fabulous for her clients. Listen to the podcast as Joanne explains what they can do for your procurement activities. You get the benefit of having a C-suite executive in your business for as little as a few hours per month. Here is Joanne Explaining What BuyerBeSure is All About http://thenext100days.org/wp-content/uploads/2018/06/BuyerBeSure-Video1.mp4   BuyerBeSure.com enables clients to access really high caliber purchasing experts. This make them confident that their buying and contracts are right for them. Joanne focuses on small to medium sized businesses that have between 50 and 250 employees. Otherwise, these businesses just would not be able to access this kind of skill level and add value to their businesses. What is Your Purchasing Expertise? Joanne is the youngest on a team of procurement or purchasing experts. So she modestly claims she has the least expertise! That said, Joanne has worked in procurement in big blue-chip companies for over 20 years! 10 years as a member of staff and another 10 years as a self-employed contractor. BuyerBeSure has a non-executive director plus a bank of cost effective procurement officers. It is scary, buy BuyerBeSure has 200 years of purchasing expertise! What is a Virtual Chief Procurement Officer? To make the services accessible to companies, BuyerBeSure delivers remotely. This keeps the cost of their service down. You'd expect that from talented procurement people wouldn't you? :) You don't need to have a full time procurement employee in your business. Her service is modular. Either a one-off service or a monthly service. This sort of depends on the size of the organisation in question. You don't have to pay a full time employee to bring the value you get. And you don't have to pay huge consultancy fees either. Now that is smart! How Do You Compare Against The Alternatives? Typically, consultancy fees would come in at £1,000 to £1,700 per day, and they'd be likely to invoice at least at half day rate. Normal consultants would be looking at multiple days, so for many businesses this is hugely cost-prohibitive. BuyerBeSure.com offers FIXED PRICE, LOW COST. The Virtual Chief Procurement Officer module would be delivered for around £1,300 - so a big price difference. What you get is real purchasing expertise, who buy in strongly to the client's plans and ethos. This is an investment to help businesses, without such expertise, to identify WHERE they can reduce cost and WHERE they can reduce risk. They also focus on up-skill your people too. How Long Are You There For That Price? For the Virtual Chief Procurement Officer, Joanne explains, that the service is delivered remotely. They will conduct a spend analysis. A big part of this is automated. They can then have an informed discussion with the business. The VCPO will do prep in advance of a board meeting to identify proactively where further opportunities exist. Like, expanding a site, or buying a new building. It is about being an active board member, so procurement activity can be properly harnessed. They would typically take LESS THAN A DAY. Assuming the board buy into this procurement expertise - other products would then be offered. The ABC of Procurement Projects   They consul-train people. This means they consult and train using the toolkits they provide. Doing things this way means they are light touch. That's because they are coaching rather than doing. It is sustainable because they are ups killing their clients. They look for ways to improve expertise. What Results Can You Expect? The delivered module will deliver value. The bigger danger is the organisation failing to re-use the toolkits and learning delivered after BuyBeSure has stepp...

A couple of weeks ago we talked about the bidding process, mainly as it pertains to owner-builders bidding for subcontractors themselves.  This week I’ll give you a quick overview of the different types of contract agreements you might decide on if you ’re going to hire a general contractor to build your house.  We’ll briefly discuss fixed price contracts and cost-plus contracts. Choosing which type of contract to use is almost as important as choosing which general contractor to hire. Show notes at BYHYU.com

James Rudnicki is a Texas attorney specializing in home building. He actually *wrote* the contracts for the Texas Association of Builders. Bottom line…he knows his stuff, probably as well as anyone. And when it comes to risk management, we can always learn a little more. Enjoy this conversation as we explore contracts, warranty liability, and lien waivers. You will learn a lot, but please don’t do anything without consulting your own attorney. Show Notes: [2:10] – Cost Plus vs. Fixed Price contracts…What James prefers. [5:50] – The importance of a Builder’s Services Agreement. [6:50] – Protecting yourself against price increases in Fixed Price contracts. [11:45] – Protecting against client onset delays. [15:45] – Pricing change orders. [16:10] – On the necessity of signing change orders up front. [19:50] – Fixed schedule milestone draws vs. periodic progress draws. [21:10] – The ins and outs of retainage and why you should avoid it. [27:00] – On managing warranty liability. [28:15] – On third party warranties. [30:40] – The warranty standards you need to follow. [34:25] – The low-down on lien waivers. Selected Links: Bush Rudnicki Shelton (http://www.brstexas.com/)

Topics include: Hawaii emergency missile alert, racist comments from the highest office, and Aziz Ansari.

Fixed price dealers, Is one price right for you? Prior week review CPO Factory financing Resale review Car fax for the bank Buying used key points Why one price 2+2 is not 5 Usually the higher average Don’t let your guard down Due diligence is the key It’s all about low overhead for the dealer As always, OTD is the answer

In this episode, Patrick Lamb and I discuss his experience implementing value pricing at his law firm, and then consulting with other firms. Next, we explore the state of the business of law from the Value Line Adjustment to the Great Reset of 2008. About Patrick Lamb Patrick Lamb is the founder and a partner […] The post Commercial Litigation for a Fixed Price with Patrick Lamb – 116 appeared first on Art Of Value.

The Viaduct Inn, St. Pauls, LondonA trip to the big smoke of London today, and a visit to one of London's only remaining "Gin Palaces". Intriguing! Geoff and Paul dedicate this pubcast to the question of how an agile coach can operate in a fixed price, fixed scope contract situation - one which many companies still operate within. Get bonus content on Patreon See acast.com/privacy for privacy and opt-out information.

Tax expertise in the following areas: Partnership Taxation Corporate Taxation Individual Taxation Business State Taxation Technical Experience: Quickbooks RIA & CCH Federal and State Adobe Excel Word Peachtree ProFx Tax, Engagement 2010, 11, 12, 13 Texas Monthly 5-Star Wealth Manager Award Specialties: Business and Individual Taxation compliance and consulting

This episode of the EZB Podcast Thomas and I discussed why "Fixed Price" projects for software development is a terrible idea. To follow along on video with our deck click here:

eBay annouced a new fee struction today : Today's #eBay Announcement - Fee's change1.       For sellers without an eBay Stores subscription:a.  50 zero insertion fee listings for auction-style, or fixed price listings, in nearly all categoriesb.      Offer to try a Basic eBay Stores subscription for one month—FREE.2.       For sellers with an eBay Store subscription:a.       Basic-level store subscribers will get an increased allotment from 150 to 200 zero insertion fee Fixed Price listings per monthb.      And—for all eBay Stores subscribers—the monthly allotment of 100 additional zero insertion fee auction-style listings will be extended to apply to listings in both Collectibles and Fashion categoriesLearn more at EBAY

eBay annouced a new fee struction today : Today's #eBay Announcement - Fee's change1.       For sellers without an eBay Stores subscription:a.  50 zero insertion fee listings for auction-style, or fixed price listings, in nearly all categoriesb.      Offer to try a Basic eBay Stores subscription for one month—FREE.2.       For sellers with an eBay Store subscription:a.       Basic-level store subscribers will get an increased allotment from 150 to 200 zero insertion fee Fixed Price listings per monthb.      And—for all eBay Stores subscribers—the monthly allotment of 100 additional zero insertion fee auction-style listings will be extended to apply to listings in both Collectibles and Fashion categoriesLearn more at EBAY

Incentive contracts are designed to help the Government acquire goods and services at a lower cost or with improved delivery or technical performance. These contracts provide the opportunity for creativity in crafting incentives and also great peril if the incentives aren’t perfectly aligned with the Government’s intent. In this episode Kevin and Paul explain the basic types of incentives and provide examples of how they can help both the Government and Industry if used wisely. But look out….the law of unintended consequences can be devastating if the delicate balance of cost, schedule, and performance is not considered with every incentive. If you need help with the Government market, join the Skyway Connection Community and get access to one-on-one insights, time-saving tools, and contract-centric training resources that will make sure you’re ready to take advantage of opportunities each time they knock. The Skyway Connection© Community was created specifically to help small companies expand their knowledge and capabilities, and to increase their competitive position in federal government acquisitions. - Learn more at: https://skywayacquisition.com/connect Membership benefits include: Access to Skyway Insight© Webinars Unlimited access to The RFP Score™ Access to Ask a Contracting Officer Forum™ Priority Access to Skyway Team for Skyway Insight, capture, proposal support

What is the difference between a Firm Fixed Price contract and a Cost Reimbursable contract?  If you’ve ever asked this question, this podcast is for you.  We provide an overview of the 2 basic contract...

Fixed Price Puts The Burden On The Bookkeeping Service - Hourly Rate Which Puts The Burden You Fixed Price - Contractor bookkeeping needs to be done right and on time. Hourly Rate - Contractors bookkeeping can take as long as you will put up with and re-done over and over because the longer it takes the more they make. Which One Is Best - For you depends upon your Business Strategy and if you like to know what something will cost each month or if you like to be surprised.Fixed Price: #01 No long term contracts; month-to-month service #02 Performance and results based; not efforts and excuses #03 They have professional bookkeepers and systems in place #04 Save money on income tax preparation and the taxes you pay #05 Your bookkeeping services are budgeted and fixed in advance #06 We recruit, hire and train the best bookkeepers available #07 We have solid reliable office equipment, hardware and software #08 We provide comfortable offices with amenities to retain the best construction accountants and bookkeepers #09 We have a system to process data quickly and efficiently with limited interaction from you or your staff #10 Your get bookkeeping, payroll, invoicing, quarterly tax reports, and business consulting for one fixed price Our Bookkeeping Services System Is Always Improving To Better Serve Your Needs! www.FastEasyAccounting.com/CBS Better reports means you make better decisions!Which means you can make more money! Which means more profit for you! Hourly Fee:#01 You get whatever level of expertise they decide to hire that day #02 They recruit, hire and train the whatever bookkeepers work cheap #03 They have whatever office equipment, hardware and software is cheapest #04 You pay for best efforts of whomever is doing the work for as long as it takes #05 Your bookkeeping services are always a surprise...sometimes good and sometimes bad #06 You can micro-manage how your bookkeeping is done because you are paying by the hour which means they may be sitting and staring at the paperwork while you think your contractor bookkeeping services are being performed We get a lot of clients who were paying for bookkeeping services by the hour and are thrilled to have us take over their bookkeeping, payroll and quarterly reports. Can We Be Your Contractor Bookkeeping Service? This is one more example of how Fast Easy Accounting is helping construction company owners just like you put more money in the bank to operate and grow your construction company. Construction accounting is not rocket science; it is a lot harder than that and a lot more valuable to construction contractors like you so stop missing out and call Sharie 206-361-3950 or email sharie@fasteasyaccounting.com Thinking About Outsourcing Your Contractors Bookkeeping Services? Click On The Link Below: www.FastEasyAccounting.com/hs Need Help Now? Call Sharie 206-361-3950 sharie@fasteasyaccounting.com  

Justin schools Aubrey on how to balance risk against client satisfaction using fixed price contracts. Weigh the pros and cons of both sides, we come to an objective understanding of why fixed price is the clear winner in most situations.

Mark talks about the ups and downs of pricing policies, such as "fixed pricing models" that have been seen in some Philadelphia Condos...two examples are Locust Point at 25th and Locust and Hawthorne Loft Condos at 712 S. 12th St.  A lot of buyers are used to negotiating so they may have a tough time getting used to fixed pricing models, but if you know your market you will realize that fixed prices are always aggressive and generally are not inflated. Click Play Below to Listen Now! 

I chatted with Payson Hall for the first time at ADP West.  We talked about the broken model of Fixed Price contracts and the challenges of working in the public sector with agile methods.Hope you enjoy this interview as much as I enjoyed recording it.-bob payne

"Scrum in fixed price projects", kritisch betrachtet von Christian Hassa, CEO TechTalk und Mitch Lacey, PMP und Certified Scrum Trainer.

"Scrum in fixed price projects", discussed by Christian Hassa, CEO TechTalk and Mitch Lacey, PMP and Certified Scrum Trainer.