ENR Construction

MARCH 5, 2024

General Services Administration estimates it has more than $2 billion in unfunded environmental liabilities, with asbestos-related cleanups accounting for $1.6 billion of the total.

Inspections 73

Inspections Liability Accounting Estimating 73

Construction Marketing

JANUARY 13, 2022

Construction sites are full of activity due to moving parts and heavy machinery. Crane and rigging insurance are policies designed to mitigate potential consequences to construction companies that own, operate, rent, set up, or move cranes. Unfortunately, some contractors assume they have enough coverage for their construction jobs.

Insurance 167

Insurance Liability Compensation Accidents 167

Contractor Bookkeeping

SEPTEMBER 15, 2023

Unfortunately, when a construction business grows, and staff need to be hired – or the owner needs to take time away from the company – it's an absolute liability not having processes and systems documented in one place. To run a construction business, you must be business-like. If so, your construction business won't last long.

Documentation 106

Documentation Liability Construction Accounting 106

Lets Build

DECEMBER 2, 2022

It’s a curious paradox that few industries are as tightly regulated and controlled as the construction sector, yet at the same time, few industries are as vulnerable to unexpected events. From ambient weather to subcontractor failures, construction projects can be derailed in numerous ways. What is construction quality management?

Management 156

Management Construction Risk Cash Flow 156

Safety Services Company

JANUARY 5, 2024

As temperatures drop, the risks for contractors and construction workers multiply, from cold stress-related ailments to hazardous working conditions. Let’s explore key hazards and essential safety tips to navigate construction in the winter.

Safety 86

Safety Accidents Construction Risk 86

Levelset

JULY 25, 2022

Construction companies need capital to get off the ground, stay in business, and keep growing. Several different types of capital — working capital , debt capital , and equity capital — are common in the construction industry. Construction companies need a solid understanding of capital to run a successful business. .

Debt 97

Debt Cash Flow Equity Finance 97

Autodesk Construction Cloud

FEBRUARY 25, 2022

For one thing, circumstances can change quickly in today’s uncertain construction industry. Formula: (Cash and Cash Equivalents + Marketable Securities + Accounts Receivables) / Current Liabilities . Like the Quick Ratio, Current Ratio measures a company’s ability to pay off its short-term liabilities with its current assets.

Safety 94

Safety Debt Liability Equity 94

NH Construction Law

JULY 26, 2020

“May unintentionally faulty subcontractor work that damages an insured’s work product constitute an ‘accident’ under a commercial general liability insurance policy?” Vector Construction Co. , Mechanical Contractors, Inc. 2020 WL 3527909 (June 29, 2020). Westlake Investments, LLC , 880 N.W.2d 185 Mich.App.

Insurance 40

Insurance Liability Accidents Michigan 40

Construction Enquirer

AUGUST 14, 2023

A major hike in the expected cost of remediating legacy hire-rise buildings for fire safety in the UK has plunged global construction group Lendlease into the red. He said the liability primarily related to buildings developed by house builder Crosby, acquired by Lendlease in 2005.

Liability 65

Liability Estimating Safety Residential 65

Construction Law

MARCH 1, 2024

Editor Nick Barrett says a Public Accounts Committee report on HS2 provides little cheer to anyone hoping that the UK could somehow successfully deliver infrastructure investment on the scale highlighted recently as essential by the National Infrastructure Commission.

Insurance 40

Insurance Claims Safety Legal 40

Construction Enquirer

MAY 23, 2023

London-based refurb and building specialist ME Construction went into administration owing subcontractors and suppliers nearly £4m. Management accounts to December 31 2021 showed a turnover of £17m generating a net profit of £177,000. An update from administrator FRP Advisory showed more than 300 trade creditors were owed £3.8m

Debt 79

Debt Leases Liability Profitability 79

Contractor Bookkeeping

JULY 30, 2014

Builder Accounting begins with a proper QuickBooks setup For Spec Home Builders. Understand to get good, usable information out of any accounting system that they need to be an active participant and code the paperwork. Accountants do not have a crystal ball and or a magic wand…It Is True – Garbage In = Garbage Out.

Accounting 49

Accounting Housing Construction Contractors 49

Contractor Bookkeeping

MAY 17, 2013

All Accounting Methods Share The Same Accounting Equations. Assets - Liabilities) = Equity. Regular Accounting - Is roughly 80% of all accounting and Accounting for businesses in the world. Regular Accounting - Is roughly 80% of all accounting and Accounting for businesses in the world.

Accounting 48

Accounting Contractors Profitability Overhead 48

Safety Services Company

DECEMBER 1, 2023

Two contractors working for a construction firm bid for projects in the same city —we’ll call them Mark and Bob. How Your Safety Record Can Edge Out Competition What can set your construction company apart when project qualifications appear equal when bidding for projects? Consider this! Here’s where things change.

Safety 115

Safety Bidding Contract Liability 115

Levelset

SEPTEMBER 14, 2022

“If something goes wrong, liability could hit the GC’s policy, which dilutes liability insurance limits, negatively impacts their claims history, and forces them to deal with a claim that’s not really their fault.”. General liability insurance. For example, assume you paint residential structures of all types.

Insurance 98

Insurance Liability Claims Injury 98

Construction Business Owner

AUGUST 30, 2011

ACCOUNTING |. Accounting & Finance. Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. Considering New Accounting Software? Construction Reporting. Construction Payroll. Other Construction Features.

Construction 168

Construction Software Software Accounting 168

Construction Business Owner

JUNE 29, 2012

ACCOUNTING |. Accounting & Finance. Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. Committing Intentional Project Communications » Public Exposure and Liability on Construction Sites. STRATEGY |. MANAGEMENT |.

Construction 120

Construction Safety Software Software 120

Contractor Bookkeeping

FEBRUARY 5, 2014

Tax Season Is Here and this is when most construction contractors think about getting their construction bookkeeping system in order so they can file their annual tax return for the previous year. Each Branch Of Accounting serves a different function similar to how it works in construction. Why Not All Three? Most C.P.A.

Accounting 48

Accounting Construction Profitability Contractors 48

Construction Business Owner

JANUARY 31, 2012

ACCOUNTING |. Accounting & Finance. Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. As a construction business owner, you want customers (both current and potential) to see your business in a specific way. STRATEGY |.

Construction 185

Construction Software Software Accounting 185

Construction Business Owner

DECEMBER 20, 2011

ACCOUNTING |. Accounting & Finance. Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. New Year’s Resolutions for Construction Management » Merry Christmas! Is There No Free Lunch or Construction Software?

Software 120

Software Software Construction Accounting 120

Construction Business Owner

JANUARY 18, 2012

ACCOUNTING |. Accounting & Finance. Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. Is There No Free Lunch or Construction Software? Top 5 Trends in Construction Software. STRATEGY |. MANAGEMENT |. SOFTWARE |.

Construction 168

Construction Software Software Accounting 168

Chianelli Estimating

JANUARY 30, 2020

Construction estimating is an important task that should not be overlooked or done in a careless manner. Failing to prepare a reliable construction estimate could make the difference between a successful project and a complete fiasco aided by a calamity of errors. Preparing an estimate does not come without a cost.

Estimating 78

Estimating Construction Bidding Bankruptcy 78

Construction Business Owner

SEPTEMBER 27, 2011

ACCOUNTING |. Accounting & Finance. Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. « Considering New Accounting Software? Is There No Free Lunch or Construction Software? Top 5 Trends in Construction Software.

Construction 180

Construction Software Software Accounting 180

Construction Business Owner

DECEMBER 6, 2011

ACCOUNTING |. Accounting & Finance. Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. « 3 Tips for Better Construction Fleet Fuel Management. Is There No Free Lunch or Construction Software? Tags accounting.

Construction 195

Construction Software Software Accounting 195

Construction Business Owner

NOVEMBER 8, 2011

ACCOUNTING |. Accounting & Finance. Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. Not All Construction Software is Created Equal » Being the Best. Is There No Free Lunch or Construction Software? construction.

Construction 174

Construction Software Software Accounting 174

Construction Business Owner

JANUARY 12, 2012

ACCOUNTING |. Accounting & Finance. Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. The end of December didn’t just bring about New Year’s resolutions – it brought the end of the yearly accounting cycle. STRATEGY |.

Construction 136

Construction Software Software Accounting 136

Pro Builder

DECEMBER 7, 2020

Is Your Construction Team Prepared for Cyber Risks? A cyber loss involving employee and customer information can affect any business, and your construction team is no exception. The account would then divert funds to the criminal instead. . Mon, 12/07/2020 - 06:00. Proactive Safety Measures for Cyberattacks.

Risk 92

Risk Construction Security Bidding 92

Construction Business Owner

JUNE 29, 2012

ACCOUNTING |. Accounting & Finance. Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. Public Exposure and Liability on Construction Sites » Better Project Management through Better Communication. STRATEGY |.

Construction 136

Construction Documentation Software Software 136

Lets Build

MAY 7, 2020

Change orders are common to construction projects. Free guide: How to reduce construction delays by more than 20%. What is a change order in construction? Read also: Excel spreadsheets in construction: It’s time to let them go. What causes a change order. There are many factors that can trigger a change order.

Change Orders 141

Change Orders Construction Contract Schedule 141

Contractor Bookkeeping

DECEMBER 3, 2013

Did You Have Trouble Setting Up Xero Accounting Online? You are not alone, it is an accounting program built to satisfy the needs of accountants with an attempt to make it easy for non-accountants. Xero Accounting Online Setup is not as complicated as QuickBooks setup projects. Set up your Chart of Accounts.

Accounting 48

Accounting Washington Leases Insurance 48

Contractor Bookkeeping

AUGUST 1, 2012

Reviewing QuickBooks Profit And Loss Reports - From our construction accounting clients reminded me of something I learned in my own construction businesses a long time ago. Construction accounting financial reports can be like staring at a hill of beans if you don't know what you are looking at or why.

Profitability 54

Profitability Accounting Construction Overhead 54

Construction Business Owner

NOVEMBER 22, 2011

ACCOUNTING |. Accounting & Finance. Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. Is There No Free Lunch or Construction Software? Top 5 Trends in Construction Software. Tags accounting. accounting software.

Construction 159

Construction Software Software Accounting 159

Construction Business Owner

JULY 12, 2012

ACCOUNTING |. Accounting & Finance. Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. « Public Exposure and Liability on Construction Sites. STRATEGY |. MANAGEMENT |. SOFTWARE |. MARKETING |. INSURANCE |.

Construction 136

Construction Documentation Software Software 136

Construction Marketing

NOVEMBER 25, 2014

Construction firm owners are beginning to truly understand the benefits of using smartphone and tablet devices for work. Paper forms decrease worker productivity, increase risk/liability, and decrease operational efficiency. Now, even small firms can afford to construct and implement mobile apps into their business. Work Orders.

Mobility 232

Mobility Inspections Construction Safety 232

Construction Business Owner

MAY 29, 2012

ACCOUNTING |. Accounting & Finance. Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. Connecting within the Construction Company » Free Webinar: Managing Information Overload. Top 5 Trends in Construction Software.

Construction 120

Construction Software Software Cash Flow 120

Construction Business Owner

APRIL 2, 2011

ACCOUNTING |. Accounting & Finance. Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. Is There No Free Lunch or Construction Software? Top 5 Trends in Construction Software. Tags accounting. accounting software.

Construction 159

Construction Software Software Accounting 159

Construction Business Owner

AUGUST 19, 2011

ACCOUNTING |. Accounting & Finance. Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. Why Construction-Specific Accounting Software Costs More than Generic Accounting Software » Look for the September How To Issue.

Construction 120

Construction Software Software Accounting 120