HardHatChat

OCTOBER 15, 2009

According to the fall 2009 issue of Development magazine, while hotels and retail properties are the most problematic in terms of default, foreclosure or bankruptcy, office distress is up 118 percent year-to-date in 2009 versus 2008.

Commercial 149

Commercial Bankruptcy Retail Contractors 149

Construction Knowledge

MARCH 15, 2013

As I call though the contractor roster to get bids from the firms that built the previous buildings, I get lots of “Phone no longer in service” messages. I know I’ve been blessed to not have to go through that painful process of bankruptcy. Then came the the financial crisis of 2008 and everything just stopped.

Bankruptcy 40

Bankruptcy Philadelphia Accidents Bidding 40

Contractor Bookkeeping

JUNE 11, 2013

Job costing reports are the key to unlocking the mystery of which markets to serve, which jobs to bid, how much they need to cover the direct and indirect costs and which ones to walk away from. If the contractor believes the company is undercharging they may raise bid prices, lose jobs, eventually run out of cash and file bankruptcy.

Accounting 48

Accounting Bankruptcy Profitability Contractors 48

Construction Marketing Ideas

JANUARY 20, 2016

If price is the criteria, then usually some sucker or desperate business takes the work, hoping for the best but usually heading down the road to bankruptcy (assuming the low bid really is fulfilled at that rate and there aren’t any tricky change orders underneath the surface.).

Procurement 48

Procurement Bankruptcy Bidding Spirit 48

Buisness Facilities Contributed Content

MAY 21, 2014

A few hours after the pixels for that post were hatched, Detroit announced it had become the largest city in history to file for bankruptcy protection. This summer, a federal judge will decide whether to approve a plan that would allow the city to exit bankruptcy court by mid-October.

Detroit 49

Detroit Bankruptcy Michigan Banking 49

Contractor Bookkeeping

OCTOBER 18, 2013

No construction company goes bankrupt that had useful accurate Financial Statements and Job Costing Reports that they understood and paid attention to because they would have seen bankruptcy coming well enough ahead of time to avoid it. And Job Costing Bankruptcy Is A Matter Of Time!

Contractors 48

Contractors Bankruptcy Cash Flow Accounting 48

Construction Law Monitor

APRIL 15, 2015

However, the contractor needs to pay the bond premium after she actually wins the bid. A recent case of this is the bankruptcy of the 105-year-old company Truland Group Inc. In the event of bankruptcies and pending claims, there is nobody else but the surety provider to cover the costs. Washington, D.C.’s

Insurance 40

Insurance Bankruptcy Contract Claims 40

Contractor Bookkeeping

JULY 27, 2012

Bad Numbers - Lead to bad decisions / cash shrinks / business unstable / bankruptcy or failure. Bankruptcy - Result of saving money on bookkeeping and making decisions on garbage reports. Bid - A wild guess carried out to two decimal places. Bid Collector - Customer looking for cheap contractor.

Contractors 63

Contractors Cash Flow Construction Accounting 63

Contractor Bookkeeping

JUNE 18, 2012

The Incompetent Bookkeeper - Was fully awake now and made it clear in no uncertain terms that "if the owner knew how to properly bid projects and run the jobs" that QuickBooks was all they needed for any and all of the projects the company did including large residential remodel projects.

Change Orders 48

Change Orders Profitability Work in Progress Construction 48

Construction Law Monitor

APRIL 15, 2015

However, the contractor needs to pay the bond premium after she actually wins the bid. A recent case of this is the bankruptcy of the 105-year-old company Truland Group Inc. In the event of bankruptcies and pending claims, there is nobody else but the surety provider to cover the costs. Washington, D.C.’s

Insurance 40

Insurance Bankruptcy Contract Contractors 40

Contractor Bookkeeping

FEBRUARY 5, 2014

At that, sadly, is during the bankruptcy proceedings or at the auction where their entire construction company is being sold for pennies on the dollar to pay off some of the mountain of debt they accumulated. They Only Really Understand the TRUE VALUE of a construction accounting system when they have plenty of free time to reflect and think.

Accounting 48

Accounting Construction Profitability Contractors 48

ProcurementExpress.com

NOVEMBER 30, 2016

What to do when you can’t afford a QS and you heedlessly bid less than a project ends up costing you? What can I do besides bankruptcy? A proven way to find good contractors to add to your bid list, is to ask design consultants to refer contractors with whom they have worked with on successful projects. Improper planning.

Risk 52

Risk Construction Plans Structural Engineering 52

Contractor Bookkeeping

OCTOBER 3, 2014

Being Ripped-Off And Driven Into Bankruptcy! This is, always has been and will continue to be a major headache and in some cases the direct cause for construction company owners to file business and personal bankruptcy. An Alarming Number Of Construction Company Owners Are. That sounds harsh but it is true! For the full article [link].

Accounting 48

Accounting Construction Banking Contractors 48

ProcurementExpress.com

NOVEMBER 30, 2016

What to do when you can’t afford a QS and you heedlessly bid less than a project ends up costing you? What can I do besides bankruptcy? A proven way to find good contractors to add to your bid list, is to ask design consultants to refer contractors with whom they have worked with on successful projects. Improper planning.

Risk 40

Risk Construction Plans Structural Engineering 40

Levelset

JULY 19, 2022

What kinds of jobs are they bidding on? If you start growing without proper financial management, you will quickly find your company out of cash and in bankruptcy court. If your goal is to get more commercial or public jobs, you’ll need someone experienced in writing winning bids. Analyze your competition.

Cash Flow 52

Cash Flow Accounting Profitability Residential 52

Levelset

JULY 18, 2022

What kinds of jobs are they bidding on? If you start growing without proper financial management, you will quickly find your company out of cash and in bankruptcy court. If your goal is to get more commercial or public jobs, you’ll need someone experienced in writing winning bids. Analyze your competition.

Cash Flow 52

Cash Flow Accounting Profitability Legal 52

Levelset

JULY 15, 2022

What kinds of jobs are they bidding on? If you start growing without proper financial management, you will quickly find your company out of cash and in bankruptcy court. If your goal is to get more commercial or public jobs, you’ll need someone experienced in writing winning bids. Analyze your competition.

Electrical 52

Electrical Cash Flow Accounting Profitability 52

Levelset

JULY 22, 2022

What kinds of jobs are they bidding on? If you start growing without proper financial management, you will quickly find your company out of cash and in bankruptcy court. If your goal is to get more commercial or public jobs, you’ll need someone experienced in writing winning bids. Analyze your competition.

Cash Flow 52

Cash Flow Overhead Accounting Profitability 52

Pro Builder

JANUARY 3, 2022

PB: What is happening with former Katerra customers whose projects were left stranded by the bankruptcy? A lot of the business that they had was because their pricing was so attractive, and so there's a lot of jobs that simply aren't recoverable at the numbers that Katerra had bid them for. I will say that Katerra bought their work.

Inventory 98

Inventory US Site Products 98

Business Facilities

AUGUST 1, 2014

We also configured our Renewable Energy Leaders category to rank the metros that are using the most renewable energy, with some surprising results (hint: the top-ranked metro is the home of the oil bidness). (To To read about the 2014 state rankings, visit this link.). Austin, TX: On Top, Still Rising.

Metro 111

Metro Detroit Austin Baltimore 111

Contractor Bookkeeping

FEBRUARY 14, 2014

Innovation Or Bankruptcy. If you are a remodel contractor your core competencies revolve around bidding, proposing, closing deals, getting a deposit, scheduling the work, hiring construction workers and qualified sub-contractors, getting the work done and collecting the balance of your money.

FAQ 49

FAQ Contractors Accounting Security 49

Construction Test

MAY 16, 2020

British Airways plans to cut the jobs of a quarter of its pilots and could abandon Gatwick Airport altogether in a bid for post-coronavirus survival, it was revealed today. The news was revealed in a memo, written by the head of BA’s Gatwick operation and seen by. . Consumer group Which?

Travel 26

Travel Airports Union News 26

Construction Test

MAY 19, 2020

This comes as British Airways plans to cut the jobs of a quarter of its pilots and could abandon Gatwick Airport altogether in a bid for post- survival. . He married Anita Farrell in September 2003, and they have four children. The news was revealed yesterday in a memo, written by the head of BA’s Gatwick operation and seen by. .

Travel 26

Travel Claims Deals Airports 26