Construction Business Owner

FEBRUARY 2, 2022

Real Construction Companies Partner With Tenna to Improve Their Business. Learn what helped LEM Construction and Ernest Guigli & Sons. LEM CONSTRUCTION – HOUSTON, TEXAS. LEM Construction is a general contractor in Houston, Texas, in business for over 50 years. Greg Ragsdale. Wed, 02/02/2022 - 15:53. Business Need.

Sage 295

Sage Equipment Construction US 295

Construction Marketing

SEPTEMBER 9, 2021

Every construction professional knows the downside to missing project deadlines. With that said, few construction teams actually succeed in finishing their jobs on time. The following breakdown looks at 5 common challenges in meeting construction deadlines and provides some simple solutions to help mitigate them. .

Lien 182

Lien Construction Schedule Risk 182

Construction Enquirer

JULY 16, 2023

The court notice was lodged last week by the civils contractor which has been operating across the south of England since 1981. Latest accounts for R&W Civil Engineering for the year to March 31 2022 show a turnover of £31.8m At the time of the accounts being filed the company employed 122 staff and owed £3.5m

Engineering 84

Engineering Debt Accounting Profitability 84

Construction Enquirer

MAY 3, 2023

Northumberland based Howard Russell Construction has gone into administration. Howard Russell works across the UK as a design and build contractor for a wide range of sectors. Accounts show that the company owed £4.4m Administrators from FRP Advisory are now in control of the £43m turnover business.

Debt 103

Debt Construction Negotiation Forecasting 103

Lets Build

MAY 11, 2022

Most construction companies, project managers , and contractors will deal with preliminaries in their construction contracts. These preliminaries, also called prelims, cover costs for an entire construction project—not for specific work sections or activities. What do preliminaries in construction mean?

Contract 144

Contract Construction Site Accounting 144

Job Order Contracting

AUGUST 24, 2022

JOC contractor coefficients/adjustment factors should always exceed 1.0 Paying for JOC Program tools and service via a percentage fee based upon construction volume can result in excessive costs to all participants and stakeholders. Open JOC Programs and associated tools and services can… Establish common metrics.

Industrial 227

Industrial Procurement Comparison Plans 227

Construction Marketing

FEBRUARY 23, 2022

As a result, some reduce the scope of existing projects, which can leave construction companies with fewer jobs. Competition is already fierce, but by marketing your business online with the emphasis on the right things, you can ensure a steady stream of clients who want your services. If you have a website, make sure the links work.

Construction 270

Construction Mobility Site Accounting 270

Safety Services Company

MARCH 1, 2024

According to the Bureau of Labor Statistics , fall incidents in construction make up almost half of all fall-related fatalities in the workplace. So, with falls being a fear for contractors, initiatives like National Ladder Safety Month are vital. Construction sites make up the vast majority of accidents and, unfortunately, fatalities.

Safety 93

Safety Contractors Inspections Accidents 93

Viewpoint Construction Technology

APRIL 17, 2018

Contractors today deal with challenging projects, often with multiple performance obligations. The new GAAP revenue recognition standards developed by the Financial Accounting Standards Board are here, and these standards are designed with complex projects in mind. Here are some of the important steps: . Identify the Contract.

Accounting 223

Accounting Contract Viewpoint Cash Flow 223

Safety Services Company

JANUARY 17, 2024

As the winter season sets in, it’s possible you will face unique challenges due to harsh weather conditions on your construction sites. Each year, weather delays 45% of construction projects, leading to a loss of revenue. To prepare for icy conditions, install fences or lay down erosion control blankets before the ground freezes.

Certification 78

Certification Forecasting Safety Construction 78

HardHatChat

AUGUST 28, 2018

Budget is always a major consideration for our commercial construction clients, and as a general contractor we devote significant time to the budgeting process. Here are a few signs that, in our experience, indicate your project budget is more likely to bust: Skimping on Professional Services.

Budgeting 337

Budgeting Budget Commercial Plans 337

Construction Enquirer

JULY 7, 2023

Firefighters have put out a blaze on the 12th and 13th floors of a tower under construction in the centre of Reading. Main contractors on the site include Sir Robert McAlpine and JRL Midgard. Main contractors on the site include Sir Robert McAlpine and JRL Midgard.

Site 73

Site Accounting Maine Office 73

Construction Marketing

DECEMBER 31, 1969

If you’re interested in construction marketing, you’ll find no resource like the Construction Marketing Association. Our informative blogs about all kinds of issues in the construction industry and relevant marketing advice are all free, but there are some important resources you can’t unlock unless you’re a member.

Construction 128

Construction Resource Certification Retail 128

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

Job Order Contracting

FEBRUARY 20, 2023

The J OCPB (JOC Price Book: reflects the current local costs in detail for construction tasks expected to be performed in the geographical area of the base contract with the primary use of developing a detailed line-item price. Each JOC order is comprised of several pre-described and pre-priced tasks. 5117.9001 Definitions.

Contract 226

Contract Office Negotiation Documentation 226

Job Order Contracting

NOVEMBER 17, 2020

Job Order Contracting 2021 is a competitively bid, firm, fixed-price, indefinite quantity contract, and integrated planning, procurement, and project delivery program for as-needed construction services. The UPB reflects Contractors bid an adjustment factor (coefficient) that is applied to all construction tasks listed in the UPB.

Contract 130

Contract Bidding Procurement CSI 130

Contractor Bookkeeping

DECEMBER 31, 2021

It’s been another excellent year for Fast Easy Accounting.

Accounting 95

Accounting US Contractors Resource 95

Lets Build

NOVEMBER 11, 2022

The construction industry has a unique problem when it comes to calculating and improving labour productivity: Every project consists of a wide variety of tasks that differ from site to site. However, even with this challenge, there are some methods to calculate labour productivity in construction. Weather conditions on the jobsite.

Products 145

Products Construction Site Accounting 145

Autodesk Construction Cloud

SEPTEMBER 19, 2023

Today, we are continuing the series of Autodesk product blogs that are tackling how technology can help owners, main contractors, subcontractors and architects better prepare their teams for the changes coming with the introduction of the Building Safety Act. This is where Bridge addresses this gap.

Autodesk 80

Autodesk Construction Safety Regulation 80

Levelset

MAY 23, 2022

In the construction industry, starting a new project means encountering automatic, upfront costs. How individual specialty contractors handle these costs vary, but as the saying goes, “Cash is king.” If you’re a specialty contractor who needs cash flow solutions, you’re not alone. Establish consistent accounting procedures.

Cash Flow 59

Cash Flow Lien Accounting Construction 59

Lets Build

JUNE 3, 2022

If you’re looking for where to find commercial construction leads, you’re in the right place. We’ll provide you with the resources you need to take a more active approach to grow your construction business and get consistent leads. The best places to find commercial construction project leads.

Commercial 146

Commercial Construction Bidding Contractors 146

Construction Enquirer

JUNE 22, 2023

Experts are warning that contractors who engage scaffolders are a particular target for attention from the tax authorities. It’s quite apparent that this is part of a targeted campaign aimed at challenging the materials cost element included in invoices submitted by subcontractors for services provided to contractors. “A

Claims 100

Claims Materials Subcontracting Contractors 100

NH Construction Law

MARCH 28, 2024

” The notices triggering this accounting requirement can be given to the owner before the first labor or materials get furnished ( RSA 447:5 and RSA 447:7 ) or after ( RSA 447:6 ) – but in either event, written monthly updates of the amount owed are required. Standard Construction Co. , Bostwick , 69 N.H. McGranahan v.

Lien 40

Lien Accounting Claims New Hampshire 40

Job Order Contracting

JUNE 25, 2018

OpenJOC(TM) LEAN Job Order Contracting brings a new level of transparency and best value outcomes to all repair, renovation, and minor new construction projects. Faster and more efficient than traditional construction procurement and project delivery methods. Quality, service-oriented, competitively-awarded construction contractors.

Contract 100

Contract Procurement Change Orders Negotiation 100

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. Service truck crane operations insurance. What is crane and rigging insurance?

Insurance 168

Insurance Liability Compensation Accidents 168

Job Order Contracting

JANUARY 12, 2019

Collaborative construction delivery… 1.) assures that you consistently define project requirements with detailed, flexible and up to date construction task information (inclusive of locally researched cost line time unit price data with labor, material, and equipment details), and 2.) contact-form].

Construction 100

Construction Renovating Budgeting Budget 100

Job Order Contracting

MARCH 17, 2018

The 4BT OpenJOC TM Solution provides an integrated set of tools, data, processes, and services to consistently implement LEAN Job Order Contracting. . The Benefits of the OpenJOC Job Order Contracting System include… Measurable Improvements in Collaboration, Accountability, and Financial Transparency. Risk Mitigation.

Contract 100

Contract Renovating Budgeting Budget 100

Contractor Bookkeeping

NOVEMBER 20, 2020

All construction contractors have experienced bad debt's financial pain, which is defined as a customer who refuses to pay no matter what you do. Owning and operating any business, including accounting, means sometimes you provide goods and services and not get paid.

Contractors 67

Contractors Deals Debt Accounting 67

Safety Services Company

MARCH 1, 2024

According to the Bureau of Labor Statistics , fall incidents in construction make up almost half of all fall-related fatalities in the workplace. So, with falls being a fear for contractors, initiatives like National Ladder Safety Month are vital. Construction sites make up the vast majority of accidents and, unfortunately, fatalities.

Safety 48

Safety Contractors Inspections Accidents 48

Contractor Bookkeeping

APRIL 16, 2021

All construction contractors have experienced bad debt's financial pain, which is defined as a customer who refuses to pay no matter what you do. Owning and operating any business, including accounting, means sometimes you provide goods and services and not get paid. Knowing The Answers Helps. "If

Debt 72

Debt Construction Accounting US 72

Pro Builder

APRIL 19, 2021

5 Reasons to Use Mechanical Contractor Software. The construction industry has gone through an extensive transformation, and technology has completely changed the concept of how to drive more quality, productivity, and profit into projects. The same is true for mechanical contractors. Mon, 04/19/2021 - 06:00. 3) Estimating.

Software 52

Software Software Contractors Change Orders 52

Job Order Contracting

AUGUST 20, 2023

A credible construction cost estimate is required prior to engaging in procurement. The follow elements are common to a credible construction cost estimate. Credible Cost Estimate Core Elements #1 Objectivity – The information used and those invovled in the creation of the construction cost estimate must be objective.

Estimating 217

Estimating CSI Life Cycle Construction 217

Levelset

SEPTEMBER 30, 2022

As a commercial specialty contractor, it can be frustrating to have the crew, time, and skills you need to take on construction projects but not enough cash to purchase materials. With your back against the wall, dipping into your personal bank account may feel like an easy solution. Cut unnecessary spending.

Cash Flow 52

Cash Flow Banking Finance Bidding 52

Contractor Bookkeeping

AUGUST 27, 2014

QuickBooks For Contractors Setup. We Fix Bad QuickBooks For Contractors Setup Issues. Did someone setup QuickBooks by trying to follow the built in template inside QuickBooks and you figured out you cannot get any of the financial and job costing reports you need to operate and grow your construction company?

Contractors 89

Contractors Accounting Work in Progress Profitability 89

Pro Builder

NOVEMBER 23, 2020

Some construction companies may receive large tax bills relating to Paycheck Protection Program loans, says the Internal Revenue Service. The IRS released guidance last week regarding tax implications for construction companies that plan to ask for PPP loan forgiveness, according to Construction Dive. Construction.

IRS 59

IRS Accounting Resource Plans 59

Contractor Bookkeeping

JULY 20, 2018

New Services For Contractors At Fast Easy Accounting. We are continually searching for more and better ways to remove time wasting paperwork chores so you can focus on what you do best, running your construction company. Fast Easy Accounting must adapt to the needs of our Clients in a world that is mobile.

Accounting 54

Accounting Construction Washington Mobility 54

Chianelli Estimating

NOVEMBER 1, 2021

What is Construction Estimating? Construction projects don’t come with a price tag attached. The materials needed, the cost of labor, the building site’s market volatility and other hidden expenses can fluctuate throughout the construction process. What Does a Construction Estimator Do? The count of each item.

Estimating 60

Estimating Construction Materials Bidding 60