Accounting, Banking, Design and Risk - Professional Constructor Central

Accounting for Retention Receivable & Payable: A Contractor’s Guide

Levelset

JUNE 6, 2022

Construction projects rely on contractors completing the work they started and meeting the design intent. In an attempt to hold contractors accountable, many projects use retention holdbacks, also known as retainage. These holdbacks need to be accounted for by every party to a project: owner, general contractor, and subcontractor.

Accounting

Accounting ABC Banking Liability

Is Your Construction Team Prepared for Cyber Risks?

Pro Builder

DECEMBER 7, 2020

Is Your Construction Team Prepared for Cyber Risks? Malicious cyberattacks could impact project designs, bid data, and security system information involved in architectural proposals. The account would then divert funds to the criminal instead. . Mon, 12/07/2020 - 06:00. Proactive Safety Measures for Cyberattacks.

Risk

Risk Construction Security Bidding

Contractors Should Beware of Recovery Risks | ENR: Engineering.

ENR Construction

JULY 22, 2012

Banking & Credit Crisis. Contractors Should Beware of Recovery Risks. Description: Contractors face recovery risk when they take on too much work after they’ve depleted their staff, cash and other resources. Enter your print subscription account. Risk management. Power & Industrial. Water & Dams.

Risk

Risk Engineering Contractors FAQ

How ACS Connect Smooths Jobsite Data to Accounting | ENR.

ENR Construction

AUGUST 6, 2012

Banking & Credit Crisis. How ACS Connect Smooths Jobsite Data to Accounting. Description: Shipping Project Data to Accounting With A Pause for Review. Enter your print subscription account. Risk management. BONUS: ENR Future Tech & ENR Risk Review at no additional charge. Power & Industrial. resources |.

Accounting

Accounting FAQ News Equipment

Toxic and dysfunctional industry awaits its revolution

Construction Law

JUNE 1, 2021

The fundamental issues remain – clients are convinced that the industry is inefficient and prices have to be held down; main contractors compete ruthlessly on price and take work with little chance of profits and sub contract what they can down the supply chain to those least able to shoulder the risk.

Industrial

Industrial Insurance Banking Procurement

Common Types of Construction Contracts And Their Use

cnstrctr

JANUARY 4, 2020

It is a legally binding document that the groups agree to at the start of a project and are held accountable to throughout. The different types of construction projects include: Lump Sum Construction Management (Cost Plus / Guaranteed Maximum Price) Design Build Design Build Finance Maintain.

Contract

Contract Construction Finance Documentation

Industry Protests Increased Use of Single-Step Design-Build by.

ENR Construction

JULY 22, 2012

Banking & Credit Crisis. Industry Protests Increased Use of Single-Step Design-Build by Army Corps. Enter your print subscription account. Risk management. BONUS: ENR Future Tech & ENR Risk Review at no additional charge. Power & Industrial. Water & Dams. Rebuilding Japan. Gulf Oil Spill. Building Types.

Industrial

Industrial Design FAQ News

The Secret Sauce to Protecting Construction Profits

Autodesk Construction Cloud

APRIL 24, 2023

Bank failures, rising interest rates, high material prices, and labor crunches are all making it more challenging for construction companies to protect, let alone, improve their margins. design and preconstruction. And the pressure is rising.

Profitability

Profitability Construction Autodesk Forecasting

Construction Bookkeeping Unique Features

Contractor Bookkeeping

AUGUST 16, 2013

All Accounting Uses The Accounting Equation. Bank Balance - Un-cleared Checks) = Cash. Regular Bookkeeping - Is roughly 80% of all accounting for businesses in the world. Construction Bookkeeping - Is roughly 15% of all accounting and Accounting with manufacturing making up roughly 5%. Regular Bookkeeping.

Work in Progress

Work in Progress Accounting Construction Leases

The Top International Design Firms - ENR - McGraw-Hill Construction

ENR Construction

JULY 18, 2012

Banking & Credit Crisis. The Top International Design Firms. Description: International Design Firms take stock in the market. Enter your print subscription account. Risk management. BONUS: ENR Future Tech & ENR Risk Review at no additional charge. Power & Industrial. Water & Dams. Rebuilding Japan.

Design

Design FAQ Construction News

Best Over-The-Glasses Safety Goggles for Work

Work Gearz

OCTOBER 15, 2021

Unfortunately, not all safety goggles were designed with eyeglass wearers in mind. Wherever there is the risk of something flying in your face and consequentially into your eyes, you should find safety glasses or goggles as part of standard work gear. The first benefit will be for your bank account.

Safety

Safety Injury Risk Products

Univ. of Ill. Voids Design Contract After Ethics Review | ENR.

ENR Construction

JULY 31, 2012

Banking & Credit Crisis. Voids Design Contract After Ethics Review. Enter your print subscription account. Risk management. BONUS: ENR Future Tech & ENR Risk Review at no additional charge. Power & Industrial. Water & Dams. Rebuilding Japan. Gulf Oil Spill. Building Types. Construction Methods. resources |.

Contract

Contract Design Illinois FAQ

Highly Profitable Small Contractors Use OPM For Working Capital Needs

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. Your Construction Accountant - Is a valuable key component in setting up QuickBooks to help you keep track of it all.

Profitability

Profitability Contractors Banking Change Orders

7 Things to Know About the Sustainable Future of Construction

Autodesk Construction Cloud

JULY 21, 2021

Construction and the built environment account for nearly 38% of all energy-related carbon emissions around the world. Investors want to know that companies are dealing with the risk of climate change, by adapting their business models. In the end, we made some very radical design decisions.”. There are also commercial benefits.

Sustainability

Sustainability Construction Autodesk Innovation

Construction Business Owner Blogs

Construction Business Owner

MARCH 29, 2012

ACCOUNTING |. Accounting & Finance. The Business of Construction Risk Management » The Fundamentals of Building Information Modeling (BIM). Drawings have been used by designers for centuries to communicate ideas to the construction trades. Modeling & Design. Tags accounting. accounting software.

Construction

Construction BIM Software Software

Queensland’s Project Trust Account: Why digitalisation could ease its impact on builders

Autodesk Construction Cloud

JULY 21, 2023

In a bid to mitigate the very real risks with how funds are managed on a construction project, the Queensland government has introduced new rules for building and construction businesses. Delivered over five major phases, the trust account framework will progressively expand over time to capture more eligible contracts and contractors.

Accounting

Accounting Cash Flow Security Autodesk

For one of the many HK contractors that have been caught up in the 65Bim MTR BIM experiment* here is a chance to redeem themselves!

DebunkTheBIM

SEPTEMBER 12, 2013

The winning fee will needed to be paid in 4 equal instalments at the first days of October, November, December 2013 and January 2014 through direct credit into our bank account. As MMA**’s first project in Hong Kong we offer ourselves as the lab-rats for the winning contractor of a silent auction.

BIM

BIM Contractors Bidding Documentation

30+ Construction Industry Statistics for EMEA

Autodesk Construction Cloud

DECEMBER 7, 2021

Industry trends, both near and farsighted, are likely to impact your approach to preconstruction, technology investments, sustainability, risk analysis, workforce planning, budgeting, operational efficiency, and the list goes on. Spending on construction accounted for 13% of the global GDP in 2020; it’s expected to reach over 13.5%

Statistics

Statistics Industrial Construction Autodesk

Why Your Construction Company Needs Bookkeeping

Contractor Bookkeeping

JULY 24, 2014

Since 1973, the Financial Accounting Standards Board (FASB) has been the designated organization in the private sector for establishing standards of financial accounting that govern the preparation of financial reports by nongovernmental entities. - See more at: [link].

Accounting

Accounting Construction Contractors Profitability

DOT Lets States Shift $473M Unspent on Earmarks to Other Projects.

ENR Construction

AUGUST 17, 2012

Banking & Credit Crisis. Enter your print subscription account. Risk management. BONUS: ENR Future Tech & ENR Risk Review at no additional charge. Power & Industrial. Water & Dams. Rebuilding Japan. Gulf Oil Spill. Building Types. Construction Methods. Sustainability. Haiti Reconstruction. Economic Stimulus.

DOT

DOT FAQ New York News

AU 2022 Day 1 Recap: The Top Highlights from the General Session & More

Autodesk Construction Cloud

SEPTEMBER 29, 2022

Later on, during the General Session, Andrew talked about how critical it is for data to flow freely between design and construction, “Especially if your site is in one of the most remote, unforgiving places on earth… “. Reduced Risk and Improved Productivity on CAHSR Using Autodesk Build and Autodesk Takeoff.

Autodesk

Autodesk Los Angeles Industrial San Francisco

Roundabouts Ramp Up in Popularity | ENR: Engineering News.

ENR Construction

AUGUST 13, 2012

Banking & Credit Crisis. Description: Omni-Means Engineers and Planners decided to target the intersection design so popular in Europe as a business development move in the U.S. Enter your print subscription account. Risk management. BONUS: ENR Future Tech & ENR Risk Review at no additional charge. Gulf Oil Spill.

News

News Engineering FAQ Education

Towering 'Flames' Light Up Baku - ENR - McGraw-Hill Construction

ENR Construction

AUGUST 6, 2012

Banking & Credit Crisis. Enter your print subscription account. Risk management. BONUS: ENR Future Tech & ENR Risk Review at no additional charge. Power & Industrial. Water & Dams. Rebuilding Japan. Gulf Oil Spill. Building Types. Construction Methods. Sustainability. Haiti Reconstruction. Economic Stimulus.

FAQ

FAQ News Construction Education

D.C. Bridge Project Gets $90-Million Add-On | ENR: Engineering.

ENR Construction

AUGUST 13, 2012

Banking & Credit Crisis. Description: Design-build is key to 11th Street bridges project, which will eliminate a long-standing problem motorists face in using local streets to change freeways. Enter your print subscription account. Risk management. BONUS: ENR Future Tech & ENR Risk Review at no additional charge.

Engineering

Engineering FAQ News Education

United Arab Emirates Moves Forward on Nuke Construction | ENR.

ENR Construction

AUGUST 1, 2012

Banking & Credit Crisis. Description: Design and construction of first 1,400-MW reactor in Abu Dhabi wins regulatory approval. Enter your print subscription account. Risk management. BONUS: ENR Future Tech & ENR Risk Review at no additional charge. Power & Industrial. Water & Dams. Rebuilding Japan.

FAQ

FAQ Construction News Education

Unique Tips To Reduce Construction Company Start Up Stress

Contractor Bookkeeping

JUNE 20, 2014

Go To Your Bank - And they offer you a line of credit. Use Credit Cards - And supplier accounts to finance your new business and be very careful about what you buy. Partnerships Are The Only Ships - Designed to sink. Bank Accounts - Set up two bank accounts in your company name. You say O.K.

Insurance

Insurance Construction Accounting Claims

Laser Scanning Enhances Quality and Cuts Costs for Contractors.

ENR Construction

JULY 22, 2012

Banking & Credit Crisis. Enter your print subscription account. Risk management. BONUS: ENR Future Tech & ENR Risk Review at no additional charge. Power & Industrial. Water & Dams. Rebuilding Japan. Gulf Oil Spill. Building Types. Construction Methods. Sustainability. Haiti Reconstruction. Economic Stimulus.

Contractors

Contractors FAQ News Education

Amtrak Plans $6.5B Redevelopment of D.C.'s Union Station | ENR.

ENR Construction

JULY 25, 2012

Banking & Credit Crisis. Enter your print subscription account. Risk management. BONUS: ENR Future Tech & ENR Risk Review at no additional charge. Power & Industrial. Water & Dams. Rebuilding Japan. Gulf Oil Spill. Building Types. Construction Methods. Sustainability. Haiti Reconstruction. Economic Stimulus.

Union

Union Plans FAQ News

Guidelines Issued for Recycled Plastic Bridges | ENR: Engineering.

ENR Construction

AUGUST 7, 2012

Banking & Credit Crisis. Description: A design guide for three short-span, heavy-load bridge applications using patented recycled-plastic components is now available, reflecting what officials say is an acceleration of industry interest in the material. Enter your print subscription account. Risk management. Associations.

Guidelines

Guidelines Engineering FAQ News

New Industry Survey Says to Get Ready for Work Force Shortages.

ENR Construction

JULY 22, 2012

Banking & Credit Crisis. Description: More than 70% of general contractors expect workforce shortages in design and construction by 2014. Enter your print subscription account. Risk management. BONUS: ENR Future Tech & ENR Risk Review at no additional charge. Power & Industrial. Water & Dams. Associations.

Industrial

Industrial FAQ News Education

Details Emerge on First Industry Standard for Lift Planning | ENR.

ENR Construction

JULY 29, 2012

Banking & Credit Crisis. Enter your print subscription account. Risk management. BONUS: ENR Future Tech & ENR Risk Review at no additional charge. Power & Industrial. Water & Dams. Rebuilding Japan. Gulf Oil Spill. Building Types. Construction Methods. Sustainability. Haiti Reconstruction. Economic Stimulus.

Plans

Plans Industrial FAQ News

constructionattorneyblog: Liability for green design

Construction Lawyer

MAY 20, 2009

In other words, you use the stuff we post here at your own risk. Only a knowledgeable attorney can apply the information here to your particular matter, taking into account the laws of your jurisdiction. Subcontractors Mechanics lien allowed where bank seized generals funds » May 20, 2009. Liability for green design.

Liability

Liability Green Design Illinois

From Smart Buildings to Smart Cities: Digital DNA | ENR.

ENR Construction

JULY 24, 2012

Banking & Credit Crisis. Enter your print subscription account. Risk management. BONUS: ENR Future Tech & ENR Risk Review at no additional charge. Power & Industrial. Water & Dams. Rebuilding Japan. Gulf Oil Spill. Building Types. Construction Methods. Sustainability. Haiti Reconstruction. Economic Stimulus.

FAQ

FAQ News Environment Education

Watch for Bank Shield Laws in Dealing with Lenders

Construction Lawyer

JULY 22, 2005

In other words, you use the stuff we post here at your own risk. Only a knowledgeable attorney can apply the information here to your particular matter, taking into account the laws of your jurisdiction. Watch for Bank Shield Laws in Dealing with Lenders. A developer found out the hard way about laws that shield banks.

Banking

Banking Deals Illinois AIA

Federal Court Rejects EPA Air Pollution Rule | ENR: Engineering.

ENR Construction

AUGUST 21, 2012

Banking & Credit Crisis. Enter your print subscription account. Risk management. BONUS: ENR Future Tech & ENR Risk Review at no additional charge. Power & Industrial. Water & Dams. Rebuilding Japan. Gulf Oil Spill. Building Types. Construction Methods. Sustainability. Haiti Reconstruction. Economic Stimulus.

Engineering

Engineering FAQ News Education

Sewage Treatment Innovation Promises Big Net Energy Gain | ENR.

ENR Construction

AUGUST 21, 2012

Banking & Credit Crisis. Enter your print subscription account. Risk management. BONUS: ENR Future Tech & ENR Risk Review at no additional charge. Power & Industrial. Water & Dams. Rebuilding Japan. Gulf Oil Spill. Building Types. Construction Methods. Sustainability. Haiti Reconstruction. Economic Stimulus.

Innovation

Innovation FAQ News Claims

Building Tall With BIM Brings Gains, Building Long with VDC is the.

ENR Construction

AUGUST 7, 2012

Banking & Credit Crisis. Enter your print subscription account. Risk management. BONUS: ENR Future Tech & ENR Risk Review at no additional charge. Power & Industrial. Water & Dams. Rebuilding Japan. Gulf Oil Spill. Building Types. Construction Methods. Sustainability. Haiti Reconstruction. Economic Stimulus.

BIM

BIM FAQ News Education

Tappan Zee Bridge Bidder's Cold Feet Costs Team $2.5 Million.

ENR Construction

AUGUST 9, 2012

Banking & Credit Crisis. Enter your print subscription account. Risk management. BONUS: ENR Future Tech & ENR Risk Review at no additional charge. Power & Industrial. Water & Dams. Rebuilding Japan. Gulf Oil Spill. Building Types. Construction Methods. Sustainability. Haiti Reconstruction. Economic Stimulus.

New York

New York FAQ News Bidding

P3s, Maintenance In the Future for NYC Area, Transpo Leaders Say.

ENR Construction

JULY 26, 2012

Banking & Credit Crisis. Enter your print subscription account. Risk management. BONUS: ENR Future Tech & ENR Risk Review at no additional charge. Power & Industrial. Water & Dams. Rebuilding Japan. Gulf Oil Spill. Building Types. Construction Methods. Sustainability. Haiti Reconstruction. Economic Stimulus.

FAQ

FAQ News Education Viewpoint

Congress Grills Contractor, VA About Troubled Orlando Project.

ENR Construction

AUGUST 14, 2012

Banking & Credit Crisis. Enter your print subscription account. Risk management. BONUS: ENR Future Tech & ENR Risk Review at no additional charge. Power & Industrial. Water & Dams. Rebuilding Japan. Gulf Oil Spill. Building Types. Construction Methods. Sustainability. Haiti Reconstruction. Economic Stimulus.

Contractors

Contractors FAQ News Education

Contractor EDGE Development Goes Over Financial Cliff | ENR.

ENR Construction

AUGUST 14, 2012

Banking & Credit Crisis. Enter your print subscription account. Risk management. BONUS: ENR Future Tech & ENR Risk Review at no additional charge. Power & Industrial. Water & Dams. Rebuilding Japan. Gulf Oil Spill. Building Types. Construction Methods. Sustainability. Haiti Reconstruction. Economic Stimulus.

Contractors

Contractors FAQ News Airports

Construction Markets Stabilize at Low Levels During 2012 | ENR.

ENR Construction

JULY 29, 2012

Banking & Credit Crisis. Enter your print subscription account. Risk management. BONUS: ENR Future Tech & ENR Risk Review at no additional charge. Power & Industrial. Water & Dams. Rebuilding Japan. Gulf Oil Spill. Building Types. Construction Methods. Sustainability. Haiti Reconstruction. Economic Stimulus.

Forecasting

Forecasting FAQ Construction News

TransCanada Looks to Asia After LNG Pipe Contract Win | ENR.

ENR Construction

JULY 29, 2012

Banking & Credit Crisis. Description: North America may be a little closer to quenching Asia’s thirst for Liquefied Natural Gas (LNG) after Royal Dutch Shell awarded a contract to TransCanada Corporation to design, build and operate a $4 billion pipeline in Northeastern British Columbia. Enter your print subscription account.

Contract

Contract FAQ News Education

Can Leo Linbeck's Super PAC Remake Congress? | ENR.

ENR Construction

JULY 29, 2012

Banking & Credit Crisis. Enter your print subscription account. Risk management. BONUS: ENR Future Tech & ENR Risk Review at no additional charge. Power & Industrial. Water & Dams. Rebuilding Japan. Gulf Oil Spill. Building Types. Construction Methods. Sustainability. Haiti Reconstruction. Economic Stimulus.

FAQ

FAQ News Texas Education

Accounting for Retention Receivable & Payable: A Contractor’s Guide

Is Your Construction Team Prepared for Cyber Risks?

Trending Sources

Contractors Should Beware of Recovery Risks | ENR: Engineering.

How ACS Connect Smooths Jobsite Data to Accounting | ENR.

Toxic and dysfunctional industry awaits its revolution

Common Types of Construction Contracts And Their Use

Industry Protests Increased Use of Single-Step Design-Build by.

The Secret Sauce to Protecting Construction Profits

Construction Bookkeeping Unique Features

The Top International Design Firms - ENR - McGraw-Hill Construction

Best Over-The-Glasses Safety Goggles for Work

Univ. of Ill. Voids Design Contract After Ethics Review | ENR.

Highly Profitable Small Contractors Use OPM For Working Capital Needs

7 Things to Know About the Sustainable Future of Construction

Construction Business Owner Blogs

Queensland’s Project Trust Account: Why digitalisation could ease its impact on builders

For one of the many HK contractors that have been caught up in the 65Bim MTR BIM experiment* here is a chance to redeem themselves!

30+ Construction Industry Statistics for EMEA

Why Your Construction Company Needs Bookkeeping

DOT Lets States Shift $473M Unspent on Earmarks to Other Projects.

AU 2022 Day 1 Recap: The Top Highlights from the General Session & More

Roundabouts Ramp Up in Popularity | ENR: Engineering News.

Towering 'Flames' Light Up Baku - ENR - McGraw-Hill Construction

D.C. Bridge Project Gets $90-Million Add-On | ENR: Engineering.

United Arab Emirates Moves Forward on Nuke Construction | ENR.

Unique Tips To Reduce Construction Company Start Up Stress

Laser Scanning Enhances Quality and Cuts Costs for Contractors.

Amtrak Plans $6.5B Redevelopment of D.C.'s Union Station | ENR.

Guidelines Issued for Recycled Plastic Bridges | ENR: Engineering.

New Industry Survey Says to Get Ready for Work Force Shortages.

Details Emerge on First Industry Standard for Lift Planning | ENR.

constructionattorneyblog: Liability for green design

From Smart Buildings to Smart Cities: Digital DNA | ENR.

Watch for Bank Shield Laws in Dealing with Lenders

Federal Court Rejects EPA Air Pollution Rule | ENR: Engineering.

Sewage Treatment Innovation Promises Big Net Energy Gain | ENR.

Building Tall With BIM Brings Gains, Building Long with VDC is the.

Tappan Zee Bridge Bidder's Cold Feet Costs Team $2.5 Million.

P3s, Maintenance In the Future for NYC Area, Transpo Leaders Say.

Congress Grills Contractor, VA About Troubled Orlando Project.

Contractor EDGE Development Goes Over Financial Cliff | ENR.

Construction Markets Stabilize at Low Levels During 2012 | ENR.

TransCanada Looks to Asia After LNG Pipe Contract Win | ENR.

Can Leo Linbeck's Super PAC Remake Congress? | ENR.

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