Autodesk Construction Cloud

JANUARY 19, 2022

Cash flow can make or break any business, especially in the construction industry. To successfully grow, construction firms need to effectively manage cash flow to procure materials, pay vendors and salaries, fund new projects, and finance other day-to-day business operations. Negotiate better contract terms.

Cash Flow 59

Cash Flow Management Profitability Change Orders 59

Construction Business Owner

AUGUST 18, 2011

And that seemed to strike a chord with some of you, so I figured I’d talk more about government jobs, and what you need to be prepared to bid on them. This agreement ensures that a contractor will perform all of the duties they agreed to in the bid they placed, abiding by the terms of that government-sanctioned project. August 2012.

Cash Flow 168

Cash Flow Software Software Accounting 168

Construction Business Owner

OCTOBER 26, 2011

I know a lot of contractors are getting into bidding season, and this got me thinking about communication. To further complicate matters, a construction project may have hundreds, perhaps thousands, of people working on it at any given time, making document version control a constant struggle. document management. Beyond Games.

Construction 159

Construction Software Software Bidding 159

Construction Business Owner

JANUARY 5, 2012

Evaluate Bidding Strategy. There are fewer projects to bid and what projects are available are being bid by more people. Consequently, the bidding climate is very competitive with some work going to people bidding below cost. document management. It’s tough out there. Stay Connected. www.dexterchaney.com.

Construction 120

Construction Bidding Software Software 120

Construction Business Owner

JANUARY 12, 2012

The Expensive Process of Bidding » Save Time, Resources – File Electronically. Keeping documents as electronic files reduces paper waste and clutter in your office because you can get rid of the filing cabinets. Electronic filing also gives you the ability to search with simple keyword terms, so you can find documents faster.

Construction 136

Construction Software Software Accounting 136

Levelset

JUNE 16, 2022

A large amount of that funding is going to go directly to individual states, and with the state adopting new laws in 2021 that reconfigure the bidding process — along with adding the “design-build” option to the public construction process — there are plenty of opportunities for contractors across New Jersey. Preliminary notice requirements.

New Jersey 52

New Jersey Lien Claims Contract 52

Construction Business Owner

APRIL 26, 2012

Know the Contract and Budget. Before work begins, understand fully what you’ve contracted to do by carefully reviewing the contract at hand. Also make sure your project managers understand the contract language fully. The profit you calculate when bidding a job can fluctuate dramatically as work progresses.

Change Orders 120

Change Orders Construction Profitability Software 120

Construction Business Owner

JANUARY 26, 2012

Venture tools are built to give contractors visibility and control over three key areas of construction operations: Documentation. Document Management. It’s no secret that documents play a vital role in the construction process from beginning to end. document management. Communication. Project Communication. August 2012.

Construction 120

Construction Software Software Documentation 120

Construction Junkie

JULY 8, 2020

8: Contracting Coachcast Previous nominations: 2015 , 2017 , 2018 Listen to it here: [link] The Contracting Coachcast is the only construction podcast on this year’s list that was also nominated for our very first best podcast competition in 2015. Check out our full review of The Contracting Coachcast by clicking or tapping here. #9:

Construction 121

Construction Lien Zoning Industrial 121

Construction Cost Estimating

SEPTEMBER 19, 2017

Liabilities of a Quantity Surveyor: A Quantity Surveyor (QS) is a professional who mainly deals with construction costs and contracts associated with the Construction Industry. Once tenders are approved, the Quantity Surveyor arranges cash flow data for the client to outline his resources sufficiently to fulfill contract commitments.

Cash Flow 40

Cash Flow Construction Estimating Contract 40

Construction Junkie

MAY 20, 2020

Contracting Coachcast Previous nominations: 2015 , 2017 , 2018 Listen to it here: [link] The Contracting Coachcast is the only construction podcast on this year’s list that was also nominated for our very first best podcast competition in 2015. Vote for the contracting coachcast. The Contracting Coachcast.

Lien 116

Lien Construction Zoning Industrial 116

Construction Business Owner

JANUARY 5, 2012

It’s often easy to bid on a job, start work, and miscalculate how far along in the project you are versus the amount of money you’ve spent. This year, I encourage you to close the gap between your bids, your projections, and the actual cost of the project. document management. Close the Budget vs. Actual Gap. August 2012.

Construction 120

Construction Software Software Accounting 120

ProcurementExpress.com

FEBRUARY 11, 2019

It’s always been a struggle to get ahead of tight margins, cash-flow problems, and managing contracts. There are several things teams need to keep track of at once, from milestones to budgets, ordering, and contracts. Document management. Bidding and Research Stage. Request for bids. Receive bids.

Procurement 63

Procurement Plans Construction Budgeting 63

Construction Business Owner

APRIL 2, 2011

For those of you contractors doing government work: relish the competition involved with bidding. In our business we fight tooth and nail to stay competitive and win contracts. document management. Competition is what makes us strive for success, what makes us work harder and what makes us want to be the best. Great post.

Construction 159

Construction Software Software Accounting 159

Construction Business Owner

APRIL 12, 2012

Good document management software will be able to keep those certifications on file. A prequalification program that tracks vendors certification, will also help you when it’s time to start bidding on projects. document management. Tags: construction management software , document management , Green Building. August 2012.

Construction 120

Construction Certification Green Software 120

ProcurementExpress.com

FEBRUARY 11, 2019

It’s always been a struggle to get ahead of tight margins, cash-flow problems, and managing contracts. There are several things teams need to keep track of at once, from milestones to budgets, ordering, and contracts. Document management. Bidding and Research Stage. Request for bids. Receive bids.

Procurement 52

Procurement Plans Construction Budgeting 52

Construction Business Owner

NOVEMBER 3, 2011

In addition to providing critical insight to a bid, tender or proposal, the theoretical “buy-in” to the process from the field manager is invaluable. document management. With backlogs down and work less plentiful, field supervision has come into the office and become an integral part of the estimating process. August 2012. April 2012.

Construction 120

Construction Software Software Accounting 120

Autodesk Construction Cloud

SEPTEMBER 1, 2022

A contract’s a contract, right? There are many construction contract types out there. Knowing which contract to use when is critical to ensuring a successful outcome in delivery, customer satisfaction, and profit. A construction contract agreement gets everyone involved in a project on the same page. .

Contract 98

Contract Maine Construction Agreement 98

Construction Business Owner

DECEMBER 9, 2011

In fact, project managers should worry about implementing more safe practices because it can affect the way they bid on jobs. Lower insurance costs mean project managers can submit more competitive bids on a job because they are no longer worried about higher employee costs-a win-win all around! document management. August 2012.

Construction 136

Construction Insurance Software Software 136

Construction Business Owner

JANUARY 13, 2012

« The Expensive Process of Bidding. document management. About Us Contact Us Advertise Press Releases Upload Artwork Via FTP -->. Free Subscriptions. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. Home » Blogs. Year-End Wake Up Call » “How good do you want to be?”

Construction 120

Construction Software Software Accounting 120

Contractor Bookkeeping

JULY 27, 2012

Assets of Company - Cash / Receivables – Payables / Trucks / Tools / Equipment / Material. Assets of Firm - Cash / Business Process / Sales Process / Client List / Predictable Cash Flow. BCG Matrix - Graphical representation of Cash Cows / Rising Stars / Question Marks / Dogs.

Contractors 63

Contractors Cash Flow Construction Accounting 63

Construction Business Owner

APRIL 4, 2011

While we all would love to receive 100% correct and complete design documents, we all know that is more of a target than a reality. – will ultimately determine if you are on the bid list or in the negotiating room for the next project. document management. August 2012. April 2012. March 2012. February 2012. January 2012.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

FEBRUARY 2, 2012

, leadership decisions were relatively easy – who to hire, where to grow, which jobs to bid and how much margin to put on them. If leadership success was measured only on profitability, then there were certainly many “great leaders” sitting in the CEO position of many contracting companies. document management. August 2012.

Construction 120

Construction Software Software Accounting 120

Levelset

JULY 22, 2022

As you get deeper into the process, you’ll get to tackle challenges with cash flow, marketing, hiring, and more. What kinds of jobs are they bidding on? Keep the cash flowing like water down a valley. Here’s a little-known fact about growing a roofing business: It can be incredibly cash-hungry.

Cash Flow 52

Cash Flow Overhead Accounting Profitability 52

Levelset

JULY 15, 2022

As you get deeper into the process, you’ll get to tackle challenges with cash flow, marketing, hiring, and more. What kinds of jobs are they bidding on? Keep the cash flowing like current on a hot line. Here’s a little-known fact about growing an electrical business: It can be incredibly cash-hungry.

Electrical 52

Electrical Cash Flow Accounting Profitability 52

Levelset

JULY 19, 2022

As you get deeper into the process, you’ll get to tackle challenges with cash flow, marketing, hiring, and more. What kinds of jobs are they bidding on? Keep the cash flowing as smoothly as your paint. Here’s a little-known fact about growing a painting business: It can be incredibly cash-hungry.

Cash Flow 52

Cash Flow Accounting Profitability Residential 52

Levelset

JULY 18, 2022

As you get deeper into the process, you’ll get to tackle challenges with cash flow, marketing, hiring, and more. What kinds of jobs are they bidding on? Keep the cash flowing through your financial pipes. Here’s a little-known fact about growing a plumbing business: It can be incredibly cash-hungry.

Cash Flow 52

Cash Flow Accounting Profitability Legal 52

Construction Business Owner

OCTOBER 14, 2011

But I have been surprised at the number of contractors who tell me that they have bid for jobs at break-even or at a loss. document management. Tags: bidding , business development , change orders , construction , construction management , Dexter + Chaney , John Chaney. How do you handle your change order requests? August 2012.

Change Orders 120

Change Orders Construction Software Software 120

Construction Business Owner

NOVEMBER 17, 2011

With the number of companies bidding on each job increasing and the margins getting smaller, it is imperative that you know the true health of you fleet. document management. August 2012. April 2012. March 2012. February 2012. January 2012. Add new tag. business development. change orders. cloud computing. communication. construction.

Construction 136

Construction Software Software Equipment 136

Contractor Bookkeeping

JUNE 20, 2014

Performance Bonds - If you are doing public sector work you will probably be required to provide a performance bond to ensure that you complete the work in accordance with terms of the contract. Your business plan is a living breathing document that you will change and update as needed. You bid on a project and you are the low bidder.

Insurance 48

Insurance Construction Accounting Claims 48

Contractor Bookkeeping

JUNE 15, 2012

Performance Bonds - If you are doing public sector work you will probably be required to provide a performance bond to ensure that you complete the work in accordance with terms of the contract. Your business plan is a living breathing document that you will change and update as needed. You bid on a project and you are the low bidder.

Contractors 48

Contractors Insurance Claims Lien 48

Contractor Bookkeeping

JANUARY 2, 2015

Performance Bonds - If you are doing public sector work, you will probably be required to provide a performance bond to ensure that you complete the work in accordance with terms of the contract. Your business plan is a living breathing document that you will change and update as needed. You bid on a project and you are the low bidder.

Construction 48

Construction Insurance Accounting Claims 48

Autodesk Construction Cloud

MARCH 7, 2022

The plumbing contracting industry continues to grow at a promising rate. Plumbing Contracting in 2022 and Beyond. They serve as the base for other specialty contracting activities. Plumbing contractors are no exception to these challenges, many of which must be addressed before additional contracting activities can begin. .

Contractors 98

Contractors Innovation Bidding Resource 98

Construction Cost Estimating

APRIL 25, 2019

Sage facilitates you to produce bids rapidly, precisely and positively with takeoff and cost databases. As soon as the project is procured, estimate details flow automatically into Sage business management software, removing unnecessary tasks and data entry errors. Besides, customized reports can also be generated.

Bidding 40

Bidding Estimating Software Software 40

Autodesk Construction Cloud

JANUARY 6, 2022

Developing a more collaborative culture is possible by changing project delivery methods, starting with collaboration with the original contract, embracing diversity, using collaboration tools, encouraging accountability, and focusing on human interaction. Trust and collaboration go hand-in-hand. Evaluate Your Project Delivery Methods.

Construction 52

Construction Estimating Design Budgeting 52

Pro Builder

JUNE 6, 2022

They also make a lot of custom structural changes—even after construction has started—and bid out and sign trade and supplier contracts based on the last house they completed and without detailed (or any) scopes of work. They pay vendor invoices without any variance documentation. When you’re out of cash, you’re out of business.

Management 52

Management Cash Flow Profitability Schedule 52

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 52

Accounting Cash Flow Security Autodesk 52