article thumbnail

Home Purchases by International Buyers Decline

Pro Builder

Canadian and Mexican residents accounted for the largest share of U.S. residential real estate purchases last year while overall deals by foreign buyers dropped to its lowest volume in nearly a decade. Residential Real Estate report from the National Association of Realtors shows “international buyers purchased 107,000 U.S.

Travel 52
article thumbnail

Make your estimating, project management and bidding process smarter with ProContractor

Construction Cost Estimating

The software can handle the whole project lifecycle from bid to project completion by providing all-in-one solution for estimating, project management, and accounting. ProContractor is a useful construction software developed by Viewpoint. ProContractor is operated through the cloud with the viewport’s partner CloudJumper.

professionals

Sign Up for our Newsletter

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

article thumbnail

Henry Construction crashes into administration

Construction Enquirer

Insolvency experts from FRP Advisory took control of the London-based residential tower builder yesterday evening. “I feel sorry for everybody caught up in this mess, but clients must ask themselves what role they played going with such low bids.” In latest accounts, the firm said it employed just 49 staff.

article thumbnail

Estimating- The New Normal

Chianelli Estimating

The tendency to adjust their bid estimating will inadvertently produce many business failures. The above outline mainly illustrates the effects it may have on Commercial Estimating departments for Commercial and Non Residential Contractors. Residential Contractors are also affected by the Covid-19 pandemic. Accounting expanse.

article thumbnail

Construction Job Costing Reporting Service Account Based

Contractor Bookkeeping

Most Contractors with yearly sales volume over five million dollars have extensive job costing and job profitability reporting systems including comprehensive historical job cost libraries so they know how much each task cost and they use that information to know which projects to bid on and which ones to let go. Accounting Terms.

article thumbnail

Construction Estimating

Chianelli Estimating

Both contractors and owners use them when deciding whether to bid or build a project. Developing a well-planned estimate, including soliciting multiple bid proposals for materials and subcontractor work, will help ensure the estimates accuracy. It also aids in gauging bid proposals received from material vendors or subcontractors.

article thumbnail

Construction project management 101 – Checklist

Lets Build

Managing complex data in intersecting tasks and teams include confirming a project’s justification, developing project schedules and goals, maintaining commitments for a project, holding people accountable, and avoiding common project pitfalls. The bidding process remains the same regardless of the type of a construction project.