Αποτελέσματα Αναζήτησης
12 Σεπ 2023 · Fiduciary duties play a pivotal role in ensuring the smooth and successful completion of construction projects. By imposing obligations of trust and loyalty, these duties help maintain transparency, accountability, and integrity in the construction industry.
AGENT – One authorized by a client (principal) to act in his/her stead or behalf and owes the client a "fiduciary duty" (Trust). Example: Construction Manager for fee but classified as an independent contractor for tax purposes.
5 Ιουλ 2023 · Knowing exactly what construction cost management means and what construction cost is can be the difference between project success or failure. We’ll go over those definitions and explain the construction cost management process so you can manage projects better.
25 Απρ 2024 · A practical guide to understanding how to approach construction management fees for contractors in 2024
20 Φεβ 2020 · A project manager has a moral and ethical responsibility to manage the project's resources in a way that benefits the project, its stakeholders, and the organization as a whole, but this generally does not rise to the level of a fiduciary.
2 Οκτ 2024 · Understand the key factors that impact construction management (CM) fees, such as project complexity, size, location, and scope. Familiarize yourself with industry-standard CM fee ranges, typically expressed as a percentage of total construction costs, which can vary from 5% to 15% depending on the project.
26 Αυγ 2024 · According to Black’s Law Dictionary, a Fiduciary is a person holding the character of a trustee in respect to the trust and confidence involved, who has the rights and powers to be exercised for the benefit of another person.
