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The Impact of ASC 842 – The New Lease Standard Is Here

Construction Business Owner

The contractor’s focus should be on the impact the lease standard will have on the company, specifically bank and surety considerations, and the specific attributes such as embedded leases, related party leases, consolidation (when there is a variable interest entity), and how to apply the standard to these situations. “How Main Image.

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How Just-in-Time Land Deals Help Manage Cash Flow

Pro Builder

But when it comes to land inventory strategies, most builders seem reluctant to rely on a “just-in-time” model to acquire land as needed for immediate construction. Just-in-time business models have proven highly effective for U.S. automakers, aviation companies, and other manufacturers. In the Real World. Reducing Land Risk.

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PACE Bill Due in Baltimore City

Green Building Law Update

Baltimore is proposing to allow the PACE financing of any equipment, device or material intended to improve energy efficiency, including in new construction (e.g., providing opportunities to separately finance the top 20% of a construction project or.), Maryland is typical.

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Panic, carnage and patience: Steps to take to manage and win with risk and reward in business and marketing

Construction Marketing Ideas

Suddenly years of boom conditions ended with a thud in the mortgage/financial crisis, and construction and related supply/service firms were in many places in panic desperation mode. You don’t want to lose your house because the bank takes it when your business fails. It is still fresh in the mind for most of us. Things change.

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Contractors Use Google Earth Like A Giant Stanley Tape Measure

Contractor Bookkeeping

Let''s run a quick Cost-Benefit-Analysis on the investment: Using a simple Decision Modeling Calculation with basic Linear Programming we can determine if it makes financial sense to recommend Google Earth Pro to our contractor client. How will it affect the debt to equity ratio? an hour plus overhead. What about discount rates?

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A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

Standardizing the presentation of renovation, repair, maintenance, and new construction tasks and costs improves communication and collaboration among all parties, as well as helps to assure financial transparency/. Facility Construction Subgroup: Divisions 02 – 19. Preliminary Construction Schedule. There are 49 Divisions.

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Builder of the Year Ivory Homes' Innovation Agenda

Pro Builder

1 home builder in building permits and construction value, scaring off every large-volume, multistate production operation that dared enter Ivory’s Wasatch Mountain lair. 1 home builder in terms of building permits and construction value and reaching the milestone, in 2019, of 20,000 homes sold (right). Photos: courtesy Ivory Homes.