Levelset

JUNE 3, 2022

When a loss occurs, it can put a real crunch on a contractor’s cash flow. It protects contractors and construction managers from unexpected increased costs in the performance of a construction contract. It also helps contractors manage cash flow during a loss. of contract value and is billed quarterly.

Insurance 52

Insurance Cash Flow Claims Contractors 52

ProcurementExpress.com

JULY 15, 2019

Construction companies face more cash flow challenges than just about any other industry. This allows you to maximize cash flow without having to pay for additional software (well, unless you’re mailing out paper invoices and waiting for checks to come in). Most construction orders begin with a contract.

Cash Flow 68

Cash Flow Contractors Budgeting Budget 68

Levelset

FEBRUARY 15, 2022

The contracting authority provides bidders with the prevailing wage rates within the bid and contract documents. Higher labor costs can put a real crunch on your cash flow during a prevailing wage job. Certified payroll forms are turned in weekly to the contracting authority, usually by the general contractor.

Pennsylvania 52

Pennsylvania Contractors Cash Flow Contract 52

Construction Business Owner

NOVEMBER 3, 2011

Job Cost & Cash Flow. So it makes sense that any software you consider should offer comprehensive job cost and cash flow solutions. Integrated Document Management. To help you manage your paper, look for systems with document imaging and management that go beyond “scan and store” capabilities.

Cash Flow 120

Cash Flow Construction Software Software 120

Pro Builder

JUNE 6, 2022

They also make a lot of custom structural changes—even after construction has started—and bid out and sign trade and supplier contracts based on the last house they completed and without detailed (or any) scopes of work. They pay vendor invoices without any variance documentation. When you’re out of cash, you’re out of business.

Management 52

Management Cash Flow Profitability Schedule 52

Autodesk Construction Cloud

JANUARY 19, 2022

Cash flow can make or break any business, especially in the construction industry. To successfully grow, construction firms need to effectively manage cash flow to procure materials, pay vendors and salaries, fund new projects, and finance other day-to-day business operations. Negotiate better contract terms.

Cash Flow 59

Cash Flow Management Profitability Change Orders 59

Construction Business Owner

OCTOBER 26, 2011

While there are numerous reasons to change software applications, there are two that regularly come up in our discussions with prospective clients: cash flow control and project cost control. Back to Cash Flow. document management. August 2012. April 2012. March 2012. February 2012. January 2012. Add new tag.

Cash Flow 120

Cash Flow Construction Software Software 120

ProcurementExpress.com

JULY 15, 2019

Construction companies face more cash flow challenges than just about any other industry. This allows you to maximize cash flow without having to pay for additional software (well, unless you’re mailing out paper invoices and waiting for checks to come in). Most construction orders begin with a contract.

Cash Flow 52

Cash Flow Contractors Budgeting Budget 52

Constructlaw

SEPTEMBER 10, 2020

One additional outcome of this, that everyone needs to understand from the very beginning of a project, is the need to document everything — absolutely everything. It is easier to be successful in your claim if it is well-documented. We have seen contracts terminated or suspended, work deleted and future tenders put on hold.

Industrial 52

Industrial Union Contract Claims 52

Levelset

FEBRUARY 18, 2022

They are determined by the current rates in force at the time the project goes out for bid and are usually included in the bid and contract documents. Higher labor costs can put a real crunch on your cash flow during a prevailing wage job. Wage determinations are set by each county and must be posted at each job site.

Minnesota 52

Minnesota Contractors Cash Flow Finance 52

Construction Business Owner

JULY 12, 2012

Project Document Management : Your Communication Strategy. Because some very specific documents are created and used throughout the life of a typical construction project, these documents can serve as the center of your communications strategy. Document availability. Document relevance. Document Tracking.

Construction 136

Construction Documentation Software Software 136

Construction Business Owner

MAY 29, 2012

Many contractors haven’t taken advantage of digital document solutions, and the ones that have are still dealing with high volumes of data. document management. Contractors in today’s marketplace are caught in the middle of a paper and paperless culture. Managing this information overload can be difficult. August 2012. April 2012.

Construction 120

Construction Software Software Cash Flow 120

Construction Business Owner

JUNE 29, 2012

Consider these three vital areas: Construction Project Documents: How do you move documents through your organization? When documents are created or modified, are the appropriate people notified? There are a number of software packages out there that allow document sharing. document management. August 2012.

Construction 136

Construction Documentation Software Software 136

Construction Cost Estimating

NOVEMBER 8, 2017

The candidate should contain at least 5 years experience and onsite experience with contracts with regard to residential housing / Offices / Warehouse construction. Tender and contract documents formation together with the bills of materials for procurement. Estimate, value, submit and negotiate contract variations.

Estimating 40

Estimating Cash Flow Negotiation Procurement 40

Construction Business Owner

JULY 26, 2012

Next Generation of Document Management. For construction companies to function efficiently, they need documents to flow smoothly. Document imaging and management has been around for a while. Today, we need more process-oriented document management. Document imaging and management has been around for a while.

Software 136

Software Software Construction Documentation 136

Levelset

JUNE 16, 2022

New Jersey bond claim laws & liens on contract funds. Public projects in New Jersey have two types of payment protection : A claim against a payment bond , or, for municipal projects, a lien claim against contract funds. Similarly, every claimant must send a preliminary notice to file a lien on contract funds.

New Jersey 52

New Jersey Lien Claims Contract 52

Construction Business Owner

JANUARY 12, 2012

Keeping documents as electronic files reduces paper waste and clutter in your office because you can get rid of the filing cabinets. Electronic filing also gives you the ability to search with simple keyword terms, so you can find documents faster. Archiving documents. document management. Filing payroll taxes.

Construction 136

Construction Software Software Accounting 136

Construction Cost Estimating

SEPTEMBER 19, 2017

Liabilities of a Quantity Surveyor: A Quantity Surveyor (QS) is a professional who mainly deals with construction costs and contracts associated with the Construction Industry. Once tenders are approved, the Quantity Surveyor arranges cash flow data for the client to outline his resources sufficiently to fulfill contract commitments.

Cash Flow 40

Cash Flow Construction Estimating Contract 40

Construction Business Owner

APRIL 1, 2011

In turn, profit fade can dramtically affect cash flow and hinder the possibility of booking new jobs. document management. One problem that even the most savvy contractors deal with is profit fade, when a job continues to incur additional costs that are not factored into the estimate. The good news? August 2012. April 2012.

Cash Flow 120

Cash Flow Construction Software Software 120

Construction Business Owner

AUGUST 18, 2011

Other common reports bonding agents will look at include income statements, balance sheets, statements of cash flow, and job specific invoice aging reports. document management. This report illustrates how a contractor bills a client versus the work they have actually completed. August 2012. April 2012. March 2012. January 2012.

Cash Flow 168

Cash Flow Software Software Accounting 168

Construction Business Owner

JANUARY 12, 2012

Document Management. With the current levels of detail required by industry standards, code compliance and also by the different disciplines, the number of documents required for a project is huge. Keeping track of what’s current in that huge set of documents and making sure others on your team are using current documents are critical.

Bidding 149

Bidding Construction Documentation Software 149

ProcurementExpress.com

AUGUST 12, 2019

These documents contain a wealth of information, providing insights that can inform future contracts, estimates, and inventory management. Compare Contract Terms to What Actually Happens on the Job Site. Sure, contracts are an important piece of the puzzle, but they’re also based on what you think will happen.

Documentation 81

Documentation Contract Site Budgeting 81

Construction Business Owner

JANUARY 26, 2012

Venture tools are built to give contractors visibility and control over three key areas of construction operations: Documentation. Document Management. It’s no secret that documents play a vital role in the construction process from beginning to end. document management. Communication. August 2012. April 2012. March 2012.

Construction 120

Construction Software Software Documentation 120

Construction Business Owner

FEBRUARY 16, 2012

Bring all your financial documents to the initial meeting. When you approach your chosen lender(s), be open about your financial situation, including any typically slow work and cash-flow periods. document management. Crunch the numbers – Banks like proactive business owners. Projected future earnings. August 2012.

Banking 120

Banking Construction Cash Flow Finance 120

Construction Junkie

JULY 8, 2020

8: Contracting Coachcast Previous nominations: 2015 , 2017 , 2018 Listen to it here: [link] The Contracting Coachcast is the only construction podcast on this year’s list that was also nominated for our very first best podcast competition in 2015. Check out our full review of The Contracting Coachcast by clicking or tapping here. #9:

Construction 121

Construction Lien Zoning Industrial 121

Construction Business Owner

MARCH 1, 2012

Collaborating on Cash flow » The Year of Mobile Technology? document management. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. Home » Blogs. « Apps and Web-based Software: A Tale of Two Trends. August 2012. April 2012. March 2012. February 2012. January 2012. Add new tag.

Mobility 120

Mobility Cash Flow Construction Software 120

Construction Business Owner

FEBRUARY 2, 2012

So, I took some photos, wrote an RFI attached the photos to the document and sent it to the architect noting its urgent status. Do you have a process for organizing, storing and attaching all supporting documentation for an issue? Some, if not most issues revolve around document management and project team communication.

Construction 120

Construction Software Software Documentation 120

Construction Business Owner

DECEMBER 20, 2011

Recent Comments Diyona Joe on Top 5 Trends in Construction Software Construction services on Top 5 Trends in Construction Software Construction services on Lessons in Construction Leadership Yunz Contracting on Marketing Your Construction Business Yunz Contracting on Safety is More than a Mission Statement Archives. August 2012.

Software 120

Software Software Construction Accounting 120

Construction Business Owner

FEBRUARY 16, 2012

Sometimes, as you know, project documents can devote an entire plan sheet or spec section to a list of abbreviations and acronyms. A lot of this communication revolves around the project documentation. document management. ALICE is one of my favorites of the 205 Official Army Acronyms. The construction industry is no different.

Construction 136

Construction Software Software Accounting 136

Construction Business Owner

MAY 31, 2011

Finally, the programmers that do the actual coding will receive the final specifications document. They will study the document and then meet with the analyst to thoroughly review all aspects of the specifications. document management. Concerns, questions, and suggestions will be made. August 2012. April 2012. March 2012.

Construction 149

Construction Software Software Accounting 149

ProcurementExpress.com

AUGUST 12, 2019

These documents contain a wealth of information, providing insights that can inform future contracts, estimates, and inventory management. . Compare Contract Terms to What Actually Happens on the Job Site. Sure, contracts are an important piece of the puzzle, but they’re also based on what you think will happen. .

Documentation 52

Documentation Contract Site Budgeting 52

Construction Business Owner

JANUARY 31, 2012

Recent Comments Diyona Joe on Top 5 Trends in Construction Software Construction services on Top 5 Trends in Construction Software Construction services on Lessons in Construction Leadership Yunz Contracting on Marketing Your Construction Business Yunz Contracting on Safety is More than a Mission Statement Archives. August 2012.

Construction 185

Construction Software Software Accounting 185

Construction Business Owner

MAY 7, 2012

From applications that make your meetings and webinars more collaborative to document management and social media apps to help you and your team organize, it seems collaboration is everywhere. document management. CBO Visits Equipment Manufacturers » Customer Collaboration & Construction Software. August 2012. April 2012.

Construction 120

Construction Software Software Accounting 120

Construction Cost Estimating

MAY 12, 2015

Help in administering and preserving the contract cost reporting system as ordered by the line manager. Get cash flows ready for payments in and out. Facilitating the sub-contract tender procedure by providing support for creating the sub-contract documentation. Help in making the valuation of variations.

Cash Flow 40

Cash Flow Commercial Contract BIM 40

Construction Business Owner

SEPTEMBER 30, 2011

We are officially in fall, so grab some hot chocolate and let’s discuss why, despite available document imaging technology, people still use paper. People want to have access at any given time to all of their documents. document management. Last week, I discussed that part of the problem with going paperless is access.

Construction 120

Construction Software Software iPad 120

Construction Junkie

MAY 20, 2020

Contracting Coachcast Previous nominations: 2015 , 2017 , 2018 Listen to it here: [link] The Contracting Coachcast is the only construction podcast on this year’s list that was also nominated for our very first best podcast competition in 2015. Vote for the contracting coachcast. The Contracting Coachcast.

Lien 116

Lien Construction Zoning Industrial 116

Construction Business Owner

SEPTEMBER 27, 2011

Recent Comments Diyona Joe on Top 5 Trends in Construction Software Construction services on Top 5 Trends in Construction Software Construction services on Lessons in Construction Leadership Yunz Contracting on Marketing Your Construction Business Yunz Contracting on Safety is More than a Mission Statement Archives. August 2012.

Construction 180

Construction Software Software Accounting 180