Remove Bidding Remove Cash Flow Remove Documentation Remove Foundation
article thumbnail

Building Strong Starts: Protecting Profit Margins Through Effective Preconstruction

Autodesk Construction Cloud

the preconstruction phase), you complete a significant part of the job and create a strong foundation and direction for the remaining work. Implement centralized and connected bid management Bid management sometimes feels like a whirlwind, where you’re tasked to review a slew of projects and go over numerous documents and information.

article thumbnail

Maximising ROI with construction project execution software

Lets Build

Free eBook: Quick guide to Lean practices for construction professionals The benefits of using construction project execution software in maximising ROI The project execution phase is the most delicate stage — it lays the foundation for the actual work and sits at the heart of the process. This allows you to work within the budget.

professionals

Sign Up for our Newsletter

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

article thumbnail

Maximising ROI with construction project execution software

Lets Build

Free eBook: Quick guide to Lean practices for construction professionals The benefits of using construction project execution software in maximising ROI The project execution phase is the most delicate stage — it lays the foundation for the actual work and sits at the heart of the process. This allows you to work within the budget.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

” » The Expensive Process of Bidding. Without spending money bidding projects, you can’t get jobs to make money building them. With more people bidding on fewer jobs, the market is much more competitive. Perhaps the toughest part, though, is that even if you bid a job and don’t win, you still incur costs to compete.

Bidding 150
article thumbnail

Obtaining the Proper Bonding for Government Jobs

Construction Business Owner

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. foundation.

Cash Flow 169
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

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. foundation.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

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. foundation. foundation software. Stay Connected.