article thumbnail

JOC Multi-stakeholder Collaboration

Job Order Contracting

JOC Multi-stakeholder Collaboration and achievement of the noted benefits, required the following: #1 Direct Owner Involvement – Leadership, accountability, and commitment provided by the owner on a direct and day to day business, without excessive reliance on consultants. #2

article thumbnail

Service Agreements Can Improve Contractors Cash Flow And Profits

Contractor Bookkeeping

Why Sell Service Agreements? Service agreement holders are more likely to be clients that add more value to your construction company because they represent the most loyal segment of your customer base. Every service agreement customer represents a future work. Every service agreement customer represents a future work.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Contractors Online Accounting With QuickBooks Desktop Version

Contractor Bookkeeping

Online bookkeeping has several advantages: 24/7 Access to your accounting data. You do not own your accounting information which means as long as you are in their good graces you are O.K. 02 Qualified Accounting firm To Act As Liaison. Online Accounting Services Saves You Time And Stress. Automatic backup. per hour!

article thumbnail

How Much Does Rework Really Cost Your Job and What Can You Do to Stop It?

Construction Junkie

With both the direct and indirect factors combined, it was determined that the median cost rework accounts for is 9% of the total project cost! Pre-Construction Design Freeze After agreements are made, there must be a point in which no more changes can be made and the work can start without worry.

article thumbnail

Obtaining the Proper Bonding for Government Jobs

Construction Business Owner

ACCOUNTING |. Accounting & Finance. In a way, a surety bond is like insurance; it is a three-part agreement between the contractor, the organization requiring the bond (e.g. Tags accounting. accounting software. Construction Accounting Software. STRATEGY |. MANAGEMENT |. SOFTWARE |. MARKETING |. INSURANCE |.

Cash Flow 168
article thumbnail

Generating greater insights for the UK water market with @One Alliance

Autodesk Construction Cloud

The @One Alliance team comprises of consultants, contractors, and other stakeholders who together will deliver projects accounting for over half Anglian Water’s capital investment programme. There are often various safety requirements and legislative agreements the @One Alliance team must follow.

BIM 98
article thumbnail

ConstructionPro Network blog: Diverse, high-level information to help make better project management decisions

Construction Marketing Ideas

In those cases, the cost of legal, accounting and consultant services are recoverable as extra work in the administration of a contract. The government was not happy with the requested amount and demanded a DCAA audit, forcing the contractor to pay for even more accounting services.