Construction Business Owner

FEBRUARY 9, 2024

How to Set Financial Targets to Achieve Business Goals ccapoccia Fri, 02/09/2024 - 13:22 The key to building a successful construction business: knowing and managing your numbers. You can’t bid projects right unless you know your job costs, production rates, actual overhead and profit goal.

Overhead 156

Overhead Bidding Profitability Budgeting 156

HardHatChat

FEBRUARY 14, 2024

As anyone in the commercial construction industry knows, reliable, responsive, and skilled subcontractors are the lifeblood of our business. We believe it enhances our project outcomes, mitigates risks, and supports the overall success of our national construction business. Believe me, it takes some trial and error.

Commercial 295

Commercial Construction Schedule US 295

Construction Marketing

AUGUST 3, 2022

None of this would be possible without efficient and careful construction project management planning and construction managers. Construction project management plays a vital role in ensuring that all the buildings around us are built safely and on time. What does the construction project management team do?

Project Management 228

Project Management Management Construction Feasibility 228

Job Order Contracting

AUGUST 17, 2023

Controlling construction costs is not rocket science, nor does it involve time travel. Any real property owner can control construction costs for facilities repair, renovation, maintenance, and new build projects. Consistently delivering quality projects on time and on budget simply requires leadership, accountability, and commitment.

Travel 177

Travel Construction CSI Subcontracting 177

Wolgast Corporation

FEBRUARY 27, 2024

General Construction for a long time was the primary method of delivering construction. Even Wolgast in the early years was a one-trick pony with General Construction being our only option. The needs of busy business people who didn’t have much knowledge about construction drove the creation of the Design-Build delivery method.

Design 62

Design Bidding Budgeting Budget 62

Job Order Contracting

APRIL 21, 2022

JOC Construction RFP Planning and Procurement – Program Contract Organization, Documents/Bid Packages/Forms/Checklists/Approvals, Roles in Construction Projects, and Contractor Selection. Project/Workorder Bid and Proposal Management Processes. Project/Workorder Bid and Proposal Management Processes.

Bidding 248

Bidding Procurement Claims Roads 248

Autodesk Construction Cloud

OCTOBER 21, 2022

Construction bids are critical to winning more work, so it pays to have a solid understanding of what they entail and what you can do to improve your bidding performance. . In this comprehensive guide, we’ll cover everything you need to know about construction bids. What is the Construction Bidding Process?

Bidding 52

Bidding Construction Contractors Contract 52

Wolgast Corporation

MARCH 19, 2024

School District leaders new to construction projects on their campus may not know all the steps and activities needed before construction can start. This team includes the Construction Manager (CM), an Architect/Engineer (AE), bond counsel, a Financial Advisor (FA), plus District staff, and community members.

Plans 122

Plans Bidding Budgeting Budget 122

Levelset

MARCH 11, 2022

Prioritizing a low bid over contractor performance is a lose-lose procurement strategy. Unfortunately, low bidding is an accepted practice for both owners and contractors alike. Owners will say that focusing on the lowest bid possible ensures they get a good price. Who’s responsible for low-bid procurement?

Bidding 98

Bidding Cash Flow Contractors Procurement 98

Job Order Contracting

OCTOBER 23, 2021

The innovative 4BT OpenBuild/OpenJOC(TM) Framework integrates planning, procurement, and project delivery to improve construction productivity. The post Innovative Solution Integrates Planning, Procurement, and Project Delivery to Improve Construction Productivity appeared first on 4BT. All projects follow a core programmatic process.

Procurement 215

Procurement Innovation Products Plans 215

HardHatChat

MARCH 4, 2019

One of the biggest challenges for commercial construction firms today is the tighter project timelines that have become the norm at every phase of a project – from shorter deadlines for submitting initial bids and budgets, to quicker resolution on addendums and change orders, to compressed schedules for construction and delivery.

Project Management 349

Project Management Commercial Management Construction 349

Job Order Contracting

OCTOBER 24, 2017

Consistent Delivery of On-time, On-Budget, Quality Renovation, Repair, and Construction is available to any competent real property owner that demonstrates leadership. Key Characteristics of LEAN Collaborative Construction Delivery. Best Value Procurement Competitively Bid. Supporting Collaborative Cloud-based Technology.

Budgeting 100

Budgeting Budget Renovating Overhead 100

Construction Business Owner

APRIL 25, 2022

T he biggest variable in construction is labor. Too many contractors finish their projects over budget on labor when crews work more hours than estimated in the bid. If your construction company self-performs work with your own crews, the key to success is making sure you bring in those labor costs on budget.

Products 156

Products Budgeting Budget Bidding 156

ENR Construction

JUNE 10, 2022

The state blames inflation and a tight project schedule for the single, over-budget bid from Core Construction Services of $243.5

Bidding 78

Bidding Illinois Renovating Estimating 78

Job Order Contracting

JANUARY 22, 2021

Introduction – 2021 Facilities Repair Renovation and New Construction Cost Management spans multiple principles, practices, domains, and more. Studies have noted that ninety percent of associated projects can be deployed on-time, on-budget, and to the satisfaction of all participants and stakeholders. Sample Workflow. via 4bt.us.

Renovating 252

Renovating Management Procurement Life Cycle 252

Job Order Contracting

SEPTEMBER 10, 2018

Empowering Owners with On-Demand Quality, On-Time, On-Budget Facilities Repair, Renovation, & Construction is what we do each and every day. LEAN construction delivery, specifically the OpenJOC(TM) Job Order Contracting Solution measurably repair, renovation, and construction outcomes. info@4bt.us.

Renovating 100

Renovating Budgeting Budget Life Cycle 100

Job Order Contracting

MAY 6, 2022

The 2 primary factors impacting construction outcomes in the public sector are, #1 Owner leadership, commitment, and competence, and. #2 2 Construction delivery method. Most of us are aware of the rampant, economic, and environmental waste endemic to public sector facilities repair, renovation, maintenance, and new construction.

Construction 203

Construction Bidding Renovating Budgeting 203

HardHatChat

MARCH 26, 2024

Selecting the right national commercial construction general contractor is a critical decision that can significantly impact the success of your construction project. Over the past 20+ years, with 2500 completed commercial construction projects, we have learned that it takes more than a great price to win a bid.

Commercial 177

Commercial Contractors Construction Project Management 177

ENR Construction

JUNE 10, 2022

State blames inflation and a tight project schedule for single over-budget bid from Core Construction Services of $243.5

Bidding 69

Bidding Renovating Estimating Budgeting 69

Lets Build

AUGUST 4, 2023

In today’s construction industry, the success of your projects hinges on investing in the right digital and technological solutions. Such solutions play a vital role in different phases and areas of construction, including on-site coordination, execution, safety, communication, etc. This allows you to work within the budget.

Software 78

Software Software Construction Budgeting 78

Job Order Contracting

DECEMBER 10, 2022

OpenBUILD(TM) is The ONLY Construction Integrated Project Delivery Solution with Locally Researched Cost Visibility with Program Management, Contract Management, Proposal/Bid/Estimate Management, Workorder Management , Project Management, Document Management, Team Management, Issues/Task Management, Workflow Management, and BIM integration.

Procurement 221

Procurement Construction BIM Change Orders 221

Construction Business Owner

APRIL 4, 2016

The used equipment market is a viable alternative to buying new, giving companies the opportunity to minimize investments and stretch budget dollars further. Do you want to participate in a bidding process or pay a fixed price? It also provides buyers with options.

Bidding 189

Bidding Equipment Budgeting Budget 189

Lets Build

AUGUST 4, 2023

In today’s construction industry, the success of your projects hinges on investing in the right digital and technological solutions. Such solutions play a vital role in different phases and areas of construction, including on-site coordination, execution, safety, communication, etc. This allows you to work within the budget.

Software 78

Software Software Construction Budgeting 78

Wolgast Corporation

DECEMBER 6, 2023

Whether it is a healthcare practice, manufacturing facility, office building, auto dealership, or restaurant, or if it is new construction or a remodel, we use the steps or phases of Design-Build construction to break down the commercial construction process most efficiently for our clients.

Commercial 115

Commercial Drawings Bidding Budgeting 115

Job Order Contracting

DECEMBER 13, 2022

Traditional methods for planning, procuring, and delivery repair, renovation, maintenance, and new construction are incapable of consistently delivery of quality outcomes on time and on time. Existing tools and support services to mitigate waste/rework and enable consistent quality outcomes on time and on budget are readily available.

Sustainability 229

Sustainability Management Estimating Budgeting 229

Job Order Contracting

OCTOBER 12, 2020

Cost and quality management systems in facilities management with respect to the numerous repair, renovation, maintenance, and new construction projects faced by real property owners must be dynamic, proactive and able to support on-demand decision-making processes. The post Dynamic Construction Cost Control appeared first on 4BT.

Construction 149

Construction Procurement Bidding Renovating 149

Wolgast Corporation

FEBRUARY 1, 2024

As I’ve gone through the benefits of Design-Build in a recent campaign to inform more business owners about their options, it’s important to discuss the time savings that result from this construction delivery process. Therefore, the bidding and selection process is much shorter in duration.

Construction 62

Construction Bidding Design Schedule 62

Job Order Contracting

OCTOBER 1, 2020

Improving construction procurement requires the ability to consistently generate value for stakeholders involved in facilities repair, renovation, maintenance, and new builds. Fortunately, all the tools and services are available to support best value integrated construction planning, procurement, and project delivery.

Procurement 149

Procurement Construction Bidding Renovating 149

Job Order Contracting

APRIL 25, 2022

contract term. Unlike traditional JOC or traditional design-bid-build, LEAN JOC is a collaborative process that focuses upon mutually beneficial outcomes for ALL participants and stakeholders. LEAN Job Order Contracting is an indefinite delivery, indefinite quantity program in which the costs of the project are.

Contract 240

Contract Change Orders Bidding Budgeting 240

HardHatChat

APRIL 11, 2014

Englewood Construction is currently negotiating a contract with Mrs. Green’s to convert former Fox and Obel in Chicago. Like most businesses, the commercial construction industry is a relationship business. For us, this arrangement is far more preferable to the common competitive bid process. Setting expectations.

Commercial 292

Commercial Negotiation Bidding Construction 292

Construction Business Owner

APRIL 4, 2016

The used equipment market is a viable alternative to buying new, giving companies the opportunity to minimize investments and stretch budget dollars further. Do you want to participate in a bidding process or pay a fixed price? It also provides buyers with options.

Bidding 120

Bidding Equipment Budgeting Budget 120

HardHatChat

DECEMBER 19, 2018

A strong pipeline of senior living construction was a “high” of 2018. So before we officially ring in 2019, here is our rundown of Englewood Construction’s commercial construction trends “highs” and “lows” from 2018: High: A Sizable Senior Living Pipeline. An overall rise in construction material costs.

Commercial 328

Commercial Retail Industrial Construction 328

HardHatChat

APRIL 24, 2023

As a National General Contractor working across multiple verticals in the commercial construction space, we understand the challenges (COVID and Supply Chain) facing our retail, restaurant, hospitality, and senior housing clients. For example, the project can be risky if you only chase after the lowest bid.

Commercial 156

Commercial Construction Retail Housing 156

Job Order Contracting

JULY 22, 2020

Adaptive Lean Construction Planning, Procurement, and Project Delivery tools and services are readily available to assure the consistent delivery of quality repair, renovation, maintenance, and new construction projects on-time and on-budget. Roles and responsibilities, deliverables, tools, workflows, etc.,

Procurement 147

Procurement Plans Construction Bidding 147

Job Order Contracting

JANUARY 12, 2018

Beware of JOC Cooperatives that Require Low Bid Acceptance… seek our BEST VALUE JOB ORDER CONTRACTING SOLUTIONS. The post Beware of JOC Cooperatives that Require Low Bid Acceptance appeared first on 4BT. In today’s world, it’s more important than ever to research the facts. Learn more? .

Bidding 100

Bidding Contract Procurement Renovating 100

Construction Dive

JUNE 1, 2020

While the coronavirus may lead more firms to check out modular building techniques, experts say contractors should thoroughly understand the differences in bidding, scheduling, budgeting and more that go along with them.

Bidding 163

Bidding Budgeting Budget Schedule 163

Lets Build

APRIL 15, 2020

The term construction project management can be used to describe a vast number of tasks, roles and responsibilities. Read more: How to reduce construction delays by more than 20%. Additionally, the basics and essentials of budgeting, finance, organisation, scheduling, conflicts, and legal issues are also covered by the project manager.

Project Management 148

Project Management Management Construction Feasibility 148