Bidding Cash Flow Insurance Safety 
Autodesk Construction Cloud
FEBRUARY 25, 2022
Extracting key ratios from financial statements and safety metrics from OSHA filings allows builders to gauge a subcontractor’s short-term and long-term health — and empower estimators with the data they need to make more informed bidding decisions. . Formula: Cash on Hand / (Operating Expenses – Depreciation) / 365 Days .
Construction Business Owner
AUGUST 18, 2011
INSURANCE |. Construction Safety. 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. In a way, a surety bond is like insurance; it is a three-part agreement between the contractor, the organization requiring the bond (e.g.
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Construction Business Owner
JANUARY 12, 2012
INSURANCE |. Construction Safety. ” » 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. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |.
Construction Business Owner
OCTOBER 26, 2011
INSURANCE |. Construction Safety. I know a lot of contractors are getting into bidding season, and this got me thinking about communication. If you’re a general contractor, you may send out an invitation to bid via email, fax, online notifications, etc. construction safety. STRATEGY |. MANAGEMENT |. ACCOUNTING |.
Construction Business Owner
DECEMBER 9, 2011
INSURANCE |. Construction Safety. David is a construction safety expert for Carolina Safety Consultants with over 20 years of experience. Some project managers tend to think of safety in the workplace as one of those things that we do “when we get a chance.” STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |.
Construction Business Owner
JANUARY 5, 2012
INSURANCE |. Construction Safety. 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. STRATEGY |. MANAGEMENT |. ACCOUNTING |.
Constructlaw
SEPTEMBER 10, 2020
For public contractors, as the current backlog of work is burned off, the scarcity of future work can significantly strain cash flow and possibly the viability of the company. It is imperative to remain disciplined in bidding, watch your margins, stay within the geographical footprint and industry sectors.
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