Levelset

OCTOBER 19, 2022

When a property owner wants to finance the construction of a new building, they typically have to obtain two loans: one loan for the mortgage on the completed home, and another for the land purchase and construction expenditures. Contractors need to pay close attention to detail in their project documentation and draw requests.

Contractors 98

Contractors Lien Construction Finance 98

Autodesk Construction Cloud

JANUARY 19, 2022

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. The real problem is that poor cash flow management can be disastrous…impacting your project schedules, profitability, and relationships.

Cash Flow 59

Cash Flow Management Profitability Change Orders 59

Autodesk Construction Cloud

FEBRUARY 9, 2022

Access Billd’s financing solutions directly within Autodesk Construction Cloud, alongside key project workflows. You can easily embed Billd in an Autodesk Build or BIM 360 Project Home dashboard to access their financing solutions. Document Crunch. Automatically sync documents from Autodesk Build, Autodesk Docs, or BIM 360 into?DADO?to

Autodesk 98

Autodesk Construction BIM Safety 98

Viewpoint Construction Technology

FEBRUARY 4, 2019

Without well-integrated systems, you may have different versions of necessary documents living in different systems with potentially different data, muddling the facts and opening you up to making critical mistakes. An issue arises and the project manager can’t track down documentation to verify if a task was completed.

Software 130

Software Software Construction Documentation 130

Contractor Bookkeeping

AUGUST 6, 2014

1 Your Profit & Loss and Balance Sheet Reports do not conform to financial industry standards. #2 5 You don''t have a formal documented Business Plan with a budget and projections. . #3 5 You don''t have a formal documented Business Plan with a budget and projections. Do your best to avoid raising any red flags.

Finance 48

Finance Accounting Construction Banking 48

Contractor Bookkeeping

JUNE 21, 2012

Construction Companies - Need short term liquid working capital such as cash, lines of credit, loans, owner financing, credit cards, supplier accounts and other forms of money to conduct daily operations. Compare the success and profitability of a McDonalds franchise to most restaurants.

Profitability 48

Profitability Contractors Banking Change Orders 48

Building Information Management

SEPTEMBER 18, 2015

Federal Sector Job Order Contracting – 2015 [1]. The following is a listing of considerations when implementing, managing, and /or working with Federal Government Job Order Contract. Contracting Considerations. Location of Contracting Office. Contract Option Years. Planning and Contract Award. JOC Contract.

Contract 40

Contract Negotiation Office Plans 40

Building Information Management

APRIL 25, 2016

Subpart 5117.90 – Job Order Contracts. general and administrative and other overhead costs, insurance costs, bonding and alternative payment protection costs, protective clothing, equipment rental, sales tax and compliance with tax laws, and also contractor’s profit). 5117.9003 Use of job order contracts.

Contract 40

Contract Negotiation Office Estimating 40

Autodesk Construction Cloud

MAY 30, 2023

In parallel with better planning, technology can help to reduce the common problems or elements that contribute to cost overruns, ensuring you can maximise efficiency and profits. If it isn’t addressed ahead of time, contractors might increase their total cost of a contract up front in anticipation of changes.

Change Orders 52

Change Orders Construction Budgeting Budget 52

Construction Business Owner

FEBRUARY 16, 2012

Accounting & Finance. I would like to share the following tips to use before approaching the bank(s) or other financial institutions for additional financing, and some non-bank financing options. Bring all your financial documents to the initial meeting. Banks are attracted to profitable business. MANAGEMENT |.

Banking 120

Banking Construction Cash Flow Finance 120

Construction Business Owner

APRIL 26, 2012

Accounting & Finance. Customer Collaboration & Construction Software » Staying Focused in the Fight Against Profit Fade. There’s a name for these situations: “profit fade.” Know the Contract and Budget. Before work begins, understand fully what you’ve contracted to do by carefully reviewing the contract at hand.

Change Orders 120

Change Orders Construction Profitability Software 120

Autodesk Construction Cloud

MAY 5, 2023

They are implementing project and field management tasks, document controls, and third-party collaboration to extend beyond the internal focus of an ERP. Fortunately, integrations between project management solutions and ERP/financial systems are helping make managing finances, fieldwork, and everything in between much simpler.

Office 52

Office Autodesk Accounting Project Management 52

Pro Builder

JUNE 6, 2022

While all of that is good news for home builders, simply ramping up volume and sales isn’t synonymous with increasing net profits. But new start-ups—financed by outside investment firms also new to housing—are reaching that production volume (and in many cases far greater) almost overnight. Document differences with a variance PO.

Management 52

Management Cash Flow Profitability Schedule 52

Construction Business Owner

JULY 26, 2012

Accounting & Finance. Look for software that does a better job providing applications based on the workflow of a project from cradle to grave, and that provides web-based anywhere-any time visibility into job progress, profitability, change management, and more for everyone who involved in the success of a job. MANAGEMENT |.

Software 136

Software Software Construction Documentation 136

Viewpoint Construction Technology

APRIL 16, 2019

Using software that allows for real-time collaboration, questions get answered quickly, fewer mistakes are made and work is completed quicker, ensuring that projects are more profitable. Every single benefit of integrated construction software comes with a cascade of rewards, all working together to create a new environment of efficiency.

Software 130

Software Software Organization Construction 130

Construction Business Owner

JULY 12, 2012

Accounting & Finance. 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.

Construction 136

Construction Documentation Software Software 136

Constructonomics

MAY 2, 2014

Of course we fronted large amounts of money for labor and materials that we were now looking to finance because payment was not being made. This is mainly because I kept very accurate records and documentation throughout the project and made sure to get approvals in writing. File a Mechanic’s Lien (if you can).

Lien 186

Lien Finance Deals Legal 186

Building Information Management

APRIL 24, 2016

JOB ORDER CONTRACTING. Job Order Contracting GUIDELINES & PROCEDURES. LEAN best management practices are integral to the administration of a Job Order Contract (JOC). Job order contracts, provides a flexible and responsive contractual capability in supporting its real property maintenance and renovation mission.

Contract 40

Contract Contractors Materials Site 40

Construction Business Owner

MAY 29, 2012

Accounting & Finance. 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. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. INSURANCE |. EQUIPMENT |. General Management. Software & Technology. Construction Law.

Construction 120

Construction Software Software Cash Flow 120

Contractor Bookkeeping

OCTOBER 4, 2013

There are a number of people who pass out advice on how to start a profitable construction company; however, very few have actually done it and fewer still had a clear understanding of where they were making or losing money and fewer yet have ever gotten past the point of owning a J.O.B. Starting Or Re-Starting A Construction Company Is Easy.

Profitability 48

Profitability Construction Accounting Cash Flow 48

Construction Business Owner

JUNE 29, 2012

Accounting & Finance. 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. MANAGEMENT |.

Construction 136

Construction Documentation Software Software 136

Construction Business Owner

SEPTEMBER 27, 2011

Accounting & Finance. All businesses that purchase, finance, and/or lease less than $2 million in new or used business equipment during tax year 2011 should qualify for the Section 179 Deduction. document management. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. INSURANCE |. EQUIPMENT |. General Management. August 2012.

Construction 180

Construction Software Software Accounting 180

Autodesk Construction Cloud

FEBRUARY 5, 2022

Risks are classified into categories including finance, schedule, and design. Risk mitigation in project management helps prevent delays and rework, helping project managers provide stakeholders with timely access to reports, data, and documents while improving transparency and producing a higher quality of work. Enhanced transparency.

Risk 59

Risk Management Construction Documentation 59

Construction Business Owner

APRIL 1, 2011

Accounting & Finance. Healthy Competition » Free Webinar on Reducing Profit Fade. 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. document management. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. April 2012.

Cash Flow 120

Cash Flow Construction Software Software 120

Construction Business Owner

JANUARY 12, 2012

Accounting & Finance. 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.

Construction 136

Construction Software Software Accounting 136

Construction Business Owner

JANUARY 12, 2012

Accounting & Finance. 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. Use a system to manage the documents you and your subs use to prepare bids. MANAGEMENT |. ACCOUNTING |.

Bidding 149

Bidding Construction Documentation Software 149

Autodesk Construction Cloud

AUGUST 12, 2021

But the latest innovations in construction project management software provide an exciting level of financial clarity—especially useful to connect project finances to accounting decision-makers. This includes tracking revenue, job costing, payroll, and managing several contracts and project risks simultaneously.

Accounting 52

Accounting Software Software FASB 52

Construction Business Owner

JANUARY 26, 2012

Accounting & Finance. 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. MANAGEMENT |.

Construction 120

Construction Software Software Documentation 120

Construction Business Owner

MAY 7, 2012

Accounting & Finance. « Staying Focused in the Fight Against Profit Fade. 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. MANAGEMENT |. ACCOUNTING |.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

JANUARY 18, 2012

Accounting & Finance. Querying different type of jobs in job costing to look at profitability by type. document management. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. INSURANCE |. EQUIPMENT |. General Management. Software & Technology. Construction Law. People Management. Green Building. Construction Safety.

Construction 168

Construction Software Software Accounting 168

Construction Business Owner

FEBRUARY 2, 2012

Accounting & Finance. 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? MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. INSURANCE |. April 2012.

Construction 120

Construction Software Software Documentation 120

Autodesk Construction Cloud

DECEMBER 18, 2021

The final days of a project have a huge impact on your overall profitability and success—as the saying goes, projects are remembered not by how they start but how they finish. In fact, you typically won’t be able to release final retainage without it—effectively putting as much as 10% of your contract at stake. Not so fast.

Change Orders 52

Change Orders Documentation Equipment Risk 52

cnstrctr

FEBRUARY 4, 2019

In order to get occupancy you need a number of documents from your consultants and various agencies but ultimately it’s the building inspector who grants occupancy. Some of the documents they will be looking for include: Letters from each of the consultants confirming that the project is built to drawings and specs.

Construction 60

Construction Documentation Permits Contract 60

Construction Business Owner

DECEMBER 20, 2011

Accounting & Finance. 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.

Software 120

Software Software Construction Accounting 120

Construction Business Owner

FEBRUARY 16, 2012

Accounting & Finance. 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. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. INSURANCE |. EQUIPMENT |.

Construction 136

Construction Software Software Accounting 136

Construction Business Owner

APRIL 5, 2012

Accounting & Finance. And risk can be a profit center, since insurance companies obviously make money. Even if this doesn’t become an actual source of profit in and of itself, contractors who actively work to understand and control risk are in a position to make smarter project decisions that lead to higher profit margins.

Risk 120

Risk Insurance Construction Software 120

Construction Business Owner

APRIL 2, 2011

Accounting & Finance. « Free Webinar on Reducing Profit Fade. In our business we fight tooth and nail to stay competitive and win contracts. document management. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. INSURANCE |. EQUIPMENT |. General Management. Software & Technology. Construction Law. Green Building.

Construction 159

Construction Software Software Accounting 159