Construction Property Management And Property Joint Venture

 by Sachin Airan

 Construction property management is important when it comes to any construction project, particularly those such as large developments. This type of service can provide you with peace of mind and allow you to focus on reaching the end goal of your construction project. The service will allow you to focus more on the immediate details of the building project, rather than on the small details and behind the scenes activities that come with construction property management. There are many benefits in using this type of service.

One of the biggest benefits of using construction property management services is that you have more time to worry about the immediate details of a project. Another thing that you can benefit from is that you will have professionals watching every detail of the project. These experienced professionals may catch things that you yourself might miss with everything that goes on in a job site.

Another thing you might want to consider for your construction project is a property joint venture. If you are working on a large development, or if you are working on an expensive commercial facility, you may need to have additional funding to get your project off the ground and completed in a timely manner. A joint venture can help you achieve these goals easily. Essentially, a company that goes into a property joint venture with you becomes your partner or investor. They have an interest in the development or the company that the construction project is for. And, as such, they will expect an eventual return on their investment.

However, it can be very beneficial to use a property joint venture for large projects. This is especially true if you, as a developer, do not have the immediate funds available to complete the development project. Often the rewards of such a project are not seen until after the development is completed. Therefore, funding is necessary to pay employees and contractors for the work performed on the project throughout the project while you are waiting on this end reward. This is when a property joint venture can come in handy.

In some cases, you can find construction property management services and a joint venture partner or investor in the same company. This is rare, but these companies do exist. They offer you with a much more personalized and complete solution for your development project. You will have the peace of mind that your project is being managed by someone with a financial interest in the development. This means that your project will definitely be well managed, because the company will want to make sure that they get a return on their investment for the joint venture. This is a unique solution that can be of great use to developers who need extra help in both managing and funding large development construction projects.

You may think that you do not want someone else managing your projects. However, construction property management services are actually there to help you, not hinder you. They will make sure that your contractors do not cut corners, and that you fall within all the governmental guidelines and regulations for your building project. They will also make sure that everything runs smoothly and on schedule. This can actually make your life easier, even though at first you might be wary of such services.



It is essential that you have someone in Construction Project Management that can look after the project. It can also be a good idea to go into a Property Joint Venture which will allow you to get more funding for your project.

Article Source: http://www.articlesphere.com/Article/Construction-Property-Management-And-Property-Joint-Venture/268365

Top 4 Tips for Effective Fleet Maintenance Planning

by Ryan Down

 Most fleet managers know that vehicle maintenance takes two forms: Scheduled and Unscheduled. In the same way that regularly scheduled health checkups can detect and fix minor medical problems before they become big ones, scheduled preventive maintenance can help prevent, detect, and repair small problems before they become serious and expensive issues.

On the other hand, unscheduled checkups - for both you and your vehicles - usually only happen after some sort of breakdown. They’re almost always more expensive than routine checkups, involve significant “down time,” and may have been prevented with routine, preventive maintenance. Developing and implementing an effective fleet maintenance plan can be easy. There are tools and technology available that can make it easier than ever before. But it will help save your company plenty of time, frustration, and money. To quote Benjamin Franklin, “An ounce of prevention is worth a pound of cure.” When developing your fleet’s maintenance plan, ask yourself these five questions:

- What should be covered in the preventive maintenance checkup?
- Who will be responsible for preventive maintenance service?
- When will the service take place?
- How can you simplify your recordkeeping?
- Where can you find more information?

Now, tap into these top 5 tips to keep your fleet and maintenance plan running smoothly.

What should be included in routine preventive maintenance service?

Tip #1: Develop a comprehensive maintenance checklist for your vehicles. Many checklists include these items, but you’ll want to edit yours based on your fleet’s needs.

- Engine oil and filter changes
- Transmission fluid
- Fuel system
- Cooling system
- Engine and transmission mounts
- Drive shafts or CV joints
- Belts and hoses
- Tune-ups
- Electrical system components
- Braking system
- Steering and suspension system
- Tires, wheels, and rims
- Exhaust system
- Undercarriage and frame
- Exterior and interior lights
- Body, glass, and mirrors
- Windshield wiper system
- Horn
- Seatbelts and seat structures
- Fluid leaks
- Auxiliary systems

Who will be responsible for preventive maintenance?

Tip #2: Make this a team effort between your drivers and your repair technicians. Your drivers are the first line of defense against unexpected breakdowns and repairs. It’s critical that they immediately report any vehicle problems to help keep your vehicles on the road. Drivers can and should be trained to monitor basic vehicle safety items (tires, brakes, steering, etc.); vehicle performance issues (including misfires and rough idling); and miscellaneous items (such as the heater or radio). Your repair technicians - whether in-house or outsourced - can perform more detailed inspections on each vehicle’s components and systems. If you outsource repairs, be sure to supply the vendor with your own preventive maintenance checklist. Shops may focus on breakdown maintenance, not preventive maintenance. When should preventive maintenance take place?

Tip #3: Examine both your routine and unscheduled maintenance data to develop a maintenance schedule that works for your fleet. Miles traveled, engine hours, fuel usage, and calendar time are the typical guides used to create a schedule. By also tracking the number of breakdowns, jumpstarts, tows, and emergency repairs, you might see patterns that require adjustments to your schedule.

How can you track and simplify record keeping?

Tip #4: Take advantage of technology. If you’re still entering and tracking data manually, seriously consider upgrading to a digital system. Manual systems can be tedious and time-consuming, no matter the fleet size. Computerized systems are a more efficient method for compiling reports, allowing you to make faster, better decisions. Letstrak allows you to examine your drivers’ performance, so you can offer important feedback and make recommendations. The technology you need is out there and it can be surprisingly affordable; a little research and legwork from you can make your job much easier.



If you want to know more information about GPS tracker visit our website https://www.letstrak.com/ and see product wise features and its benefits.

Article Source: http://www.articlesphere.com/Article/Top-4-Tips-for-Effective-Fleet-Maintenance-Planning/399019

Construction Law in Canada

 by Austin Mark

 Construction law is the body of law that deals with all matters relating to the construction process.  These include such topics as building contracts, bonds and sureties, construction and builders' liens, tendering, and construction claims, and affect all participants in the construction industry, including financial institutions, architects, builders, engineers and planners.

Construction Law explores the general principles which govern civil liability for the design and construction of building works.  Essentially it is concerned with three key questions which arise in case of the design or construction proving defective-

Who Can Be Sued  

Contractors or builders or concerned agents can be sued for errors while construction and can be held liable for damages to the workers and other injured persons.

Who Can Sue

The workers injured in construction site can sue the contractors/builders for injuries and damages on their part and in case of any death, their families can sue guilty persons who are liable for errors in construction.

Remedies Available to the Injured Party 

Compensation is given to the injured persons for errors and negligence of contractors or builders.  Remedies are available for breach of contract by the contractors and if anywhere while construction, any person falls from height or gets injured due to any reason, he/she can sue the concerned contractor for damages etc.

Construction Claims Procedures

Two construction claim procedures can be followed.

Notice requirements

Every construction contract includes notice requirements which impact the parties� contractual rights and obligations.  Giving timely notice can avoid costly and time consuming errors.  The first and foremost consideration in addressing notice is actual notice language.  Each contract should be carefully reviewed to identify its notice obligations.  The representative who is at the site of the construction should be duly informed about these notice obligations as early as possible in the construction process.  From the owner�s prospective contact should be drafted to ensure that the notice requirements are set forth clearly and unambiguously.  Notice requirements should be fair.

When a company wants to construct anything, it must properly notify all parties who may be affected by or have an interest in the proposed construction, so that they can have the opportunity to make a submission to the concerned party regarding the proposed construction.  Such notice may include direct notice to affected landowners, communities and others, as well as public notices in local newspapers.

Dispute resolution provisions

Dispute which is not resolved by discussion and negotiation are send to the arbitrators and mediators for resolution. The panel of arbitrators and mediators shall have the jurisdiction to arbitrate in respect of any matter which the agreement stipulates is to be determined by the arbitration and any matter concerning the interpretation or application of the agreement where the parties agree to be bound by an arbitration decision.    

Canadian Construction Documents Committee (�CCDC�)

Parties enter into a standard form contract, in case of larger projects.  The CCDC has developed a series of licensed contracts for different situations including stipulated price contract for a situation where there are is an owner and general contractor and a design build contract where there is no general contractor.  The CCDC contract is often modified through a series of negotiated supplementary conditions.

The CCDC documents contain partnering language whereby disputes may be resolved by an arbitrator or project consultant early and frequently throughout the progress of the project.



Austin Mark is a lawyer working with lawyerahead.com, one of the leading legal networking sites on the net. You can access the Canadian version as well as lawyerahead.ca

Article Source: http://www.articlesphere.com/Article/Construction-Law-in-Canada/165460