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Most of the times, payoffs in construction projects are related to timing (early completion bonuses, late fees etc.). However, the weather could well thwart construction companies’ plans to finish projects in time. Thus, the construction industry might want to consider hedging its exposure, ensuring profitability at all times. 

 


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04/16/2013 8:10am

Design, finance, and legal aspects overlap and interrelate. The design must be not only structurally sound and appropriate for the use and location, but must also be financially possible to build, and legal to use. The financial structure must accommodate the need for building the design provided, and must pay amounts that are legally owed. The legal structure must integrate the design into the surrounding legal framework, and enforce the financial consequences of the construction process. Thanks.

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07/07/2013 9:20pm

Weather creates hurdles in completion of project.Hope all your work are completed before deadline.
Regards,

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07/23/2013 10:28pm

This is what is called as a pre-planned work benefit. Well this is the kind of planning that one needs to do before a certain work. Weather risk management is something that holds the utmost importance in places affected harshly by the weather.

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07/07/2014 2:40am

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