Remove Accounting Remove Comparison Remove Inspections Remove Profitability
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Data Analytics Trends in Construction

Viewpoint Construction Technology

Construction sites these days have no shortage of data: design and BIM data from the planning stages of a project, jobsite data collected by wearables, mobile devices and sensors on equipment/materials, accounting and job progress data from the office, project management data and much more. Diving Deeper into Construction Data.

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How Do Construction Loans Work?

Work Gearz

Constructions loans are based on the value projected of the new home upon completion, unlike the traditional home loan, this is based on the fair market value of the home and determined by the comparison of its condition to other homes recently sold in the area. Comparison of Best Lenders. Here is a table for comparison.

professionals

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Assignment of Benefits for Contractors: Pros & Cons of Accepting an AOB

Levelset

An insurance carrier’s claims adjuster will inspect property damage and arrive at a dollar figure calculated to cover the cost of repairs. The takeaway here suggests that any contractor accepting an AOB could subject themselves to the same bare-boned profit margins. Pro: Hiring a public adjuster. Con: More administrative work.

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Examining OSHA’s Pending IIPP Standard

Safety Services Company

This will include investigating incidents, inspecting the workplace for hazards, and identifying new hazards created by worksite changes or emergencies. The primary hope is that not only will nationwide occupational injury and illness statistics see a significant decline, but that employers will see a greater monetary profit as a result.

OSHA 48
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Measurement Fails in Business, Part II: Real-World Examples and Solutions

Pro Builder

Final inspection? Consider all of the factors, decide on what indicates cycle time best for you, stick with it in your operation, but again, beware of comparisons with other builders; it’s highly unlikely they’ll be apples to apples. Finally, everyone is obsessed with gross profit and net profit. Certificate of occupancy?

Permits 98
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BIM, Value Management, Life-cycle Cost Management

Building Information Management

Life cycle analysis takes into account the capital costs of the project as well as costs of operation and maintenance. VM takes into accounts all the criteria that the client / user desire in their project. Analytical comparisons of the two techniques are then presented in section V as discussion.

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Federal Real Property Regulations (FAR / FMR)

Building Information Management

“Commercial activities,” within the meaning of subpart D , part 102-74 of this chapter, are activities undertaken for the primary purpose of producing a profit for the benefit of an individual or organization organized for profit. Landholding agency” means the Federal agency that has accountability for the property involved.