Odebrecht and Financier Settle on Project Bribes
ENR Construction
SEPTEMBER 5, 2019
Brazil contractor, in bankruptcy, will donate $50M to poor communities but faces limited bid debarment in Inter-American Development Bank pact.
ENR Construction
SEPTEMBER 5, 2019
Brazil contractor, in bankruptcy, will donate $50M to poor communities but faces limited bid debarment in Inter-American Development Bank pact.
Chianelli Estimating
JANUARY 30, 2020
Many times those costs are not recovered, however; they could make the difference in keeping the Builder or Owner solvent or ending up with a failed project or worse yet bankruptcy. Both contractors and owners use them when deciding whether to bid or build a project. Choosing the lowest bid is not always the best practice.
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Construction Test
MAY 16, 2020
.” Rahul Bhatia, the biggest shareholder in India’s biggest carrier, InterGlobe, is evaluating data and considering a bid for Virgin Australia, a person familiar with the matter told Anurag Kotoky and Angus Whitley of Bloomberg News. It’s not hard to see the attractions.
Contractor Bookkeeping
NOVEMBER 3, 2012
The problem is high profit jobs have a way of turning into low or no profit jobs and in some cases they can bankrupt your construction company because you bid the project using whatever model you are accustomed to using and in the end you wind up with cash flow problems. The same goes with managing sub-contractors and suppliers.
Autodesk Construction Cloud
FEBRUARY 1, 2024
Late payments and non-payments are, unfortunately, pivotal contributors to declining contractor productivity eventually, in some cases, leading to bankruptcy for many GCs and subcontractors. Industry research supports these sentiments.
Contractor Bookkeeping
JUNE 12, 2013
If the contractor believes the company is undercharging they may raise bid prices, lose jobs, eventually run out of cash and file bankruptcy. If the contractor believes the company is overcharging they may lower bid prices, lose money on all jobs, eventually run out of cash and file bankruptcy.
Chianelli Estimating
AUGUST 6, 2020
The tendency to adjust their bid estimating will inadvertently produce many business failures. One error may be the difference in bankruptcy or staying afloat. The Freelance Estimating option can be a good first step in solving those monthly anchored indirect costs and can increase the likelihood of winning your bid. .
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