Pro Builder

APRIL 19, 2021

The construction industry has gone through an extensive transformation, and technology has completely changed the concept of how to drive more quality, productivity, and profit into projects. 3) Estimating. An integrated mechanical contractor software improves estimating accuracy. 4) Budgeting & Finances. Software + Apps.

Software 52

Software Software Contractors Change Orders 52

Construction Dive

JANUARY 8, 2015

Estimating is the core function of all construction projects. Owners start with conceptual estimates when a project is first proposed. These estimated get refined as the project develops and ultimately, contractors and subcontractors will prepare detailed take-offs and estimates to prepare a bid or establish a budget.

Estimating 48

Estimating Risk Overhead Contractors 48

Construction Business Owner

APRIL 26, 2012

Customer Collaboration & Construction Software » Staying Focused in the Fight Against Profit Fade. Just about every contractor has been there — a project starts out strong but, as it moves forward, delays and incidental added work and changes knock dollars and cents off of the bottom line. Stay on Top of Changes.

Change Orders 120

Change Orders Construction Profitability Software 120

Construction Cost Estimating

APRIL 28, 2014

The foundation for a successful estimate depends on authentic takeoff of the quantities of the various materials involved in the project. The various elements that lead to an effective cost estimate are as: Labor Hours : Labor hour amounts can be prepared by crew analysis or applied on a unit man-hour basis.

Estimating 45

Estimating Equipment Bidding Profitability 45

Viewpoint Construction Technology

APRIL 4, 2017

Consistent estimating. Web-based construction software can help you increase estimate accuracy and improve the profitability for the work you gain. Quick, accurate estimates can be a fast and efficient way to grow your business. Informed and successful project managers help ensure projects stay profitable.

Software 130

Software Software Construction Project Management 130

Construction Business Owner

OCTOBER 14, 2011

Some Advice on Change Orders » A Change (Order) for the Better? When clients ask me about change orders, I’m reminded of a well-circulated photo. The yacht is named “Change Order.” Discussion about change order difficulties tends to be one of two types.

Change Orders 120

Change Orders Construction Software Software 120

Contractor Bookkeeping

JUNE 19, 2013

We are happy to be able to offer free Invoice templates, free Change Order templates and free estimate templates to construction contractors and other business owners to help them grow their sales and profits and have better lives for their families. Change Orders are a huge source of new profit.

Profitability 48

Profitability Cash Flow Accounting Construction 48

Autodesk Construction Cloud

DECEMBER 3, 2021

In parallel with better planning, technology can also help to reduce the common problems or elements that contribute to cost overruns, ensuring you can maximize efficiency and profits. Inaccurate Project Estimates. Estimating the project accurately can even be started in the RFP process. Not Planning for Change Orders.

Budgeting 52

Budgeting Budget Construction Software 52

Job Order Contracting

FEBRUARY 20, 2018

A Job Order Contract Execution Guide is a required element for any successful, best management practice JOC Program. The following template is provide for sample purposes only and should not be used a legally bidding document without through review and modification by appropriate Owner legal counsel. The JO will be, in part, the.

Contract 100

Contract Organization Change Orders Overhead 100

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. change orders. It’s tough out there. Stay Connected. www.dexterchaney.com.

Construction 120

Construction Bidding Software Software 120

Autodesk Construction Cloud

JULY 8, 2021

Firms can analyze these costs to improve future estimating, budgeting, and forecasting on similar projects. . While there are many benefits to using cost codes, the majority of them lie in standardization, cost control , analysis, and profitability. . Profitability . Standardization . However, standardization is important.

Construction 52

Construction Profitability Budgeting Budget 52

Pro Builder

JULY 20, 2021

Not if You Follow These 8 Steps to Make Trades Profitable. . Plans and drawings can save you some time (and words) by stating that "All work to be done is on the attached plans and/or drawings," when you bid on your project. I always tell my clients to estimate a later completion date than what they think it will actually be.

Contractors 98

Contractors Contract Legal Change Orders 98

Autodesk Construction Cloud

FEBRUARY 1, 2022

While a project’s ultimate goal is a successful completion, the steps it takes to get there are critical to profits and project’s life cycle. During this process, consider how much wiggle room is available for change orders, most likely an inevitable occurrence once a project is underway and can be costly if not well planned.

Risk 52

Risk Schedule Design Budgeting 52

Construction Marketing

DECEMBER 19, 2019

Managing a reputation for delivering high-quality projects, keeping your business profitable, your people productive, and your firm growing requires focus, commitment, and understanding. Running a successful construction firm is by no means an easy task. Though there are many things you need to focus on.

Software 213

Software Software Construction ProCore 213

Construction Business Owner

NOVEMBER 3, 2011

Being the Best » The New Estimating Tool – Superintendents. Estimating departments have added a new tool to their repertoire – superintendent and foremen input. With backlogs down and work less plentiful, field supervision has come into the office and become an integral part of the estimating process. change orders.

Construction 120

Construction Software Software Accounting 120

Building Information Management

NOVEMBER 6, 2013

– Job Order Contracting (also known as SABER, TOC, DOC, and a form of IPD): A long-term, indefinite delivery indefinite quantity (IDIQ) contract. Reliant on a Unit Price Book (UPB) and competitively-bid coefficient to establish pricing structure. Advantages of Job Order Contracting – JOC – for OWNERS.

Contract 40

Contract Bidding United States Estimating 40

Building Information Management

JANUARY 15, 2016

Any large build portfolio owner who doesn’t have the ability to strategically plan, construction cost estimate, review contractor bids, conduct mutual site walks, monitor construction project in a transparent and consistent manner, etc. is simply not doing their job.

Management 40

Management Renovating Cash Flow Life Cycle 40

Autodesk Construction Cloud

OCTOBER 19, 2022

The introduction of BIM, cloud based takeoff tools, AI, and bidding platforms have all shaken up the way estimating and preconstruction management operates. . For instance, adding Takeoff to the project improved productivity of estimates by around 50%. Reduced Risk & Improved Productivity on CAHSR using BUILD and Takeoff.

Autodesk 52

Autodesk Construction Estimating Boston 52

Building Information Management

APRIL 10, 2015

What’s Wrong with Design Bid Build? Traditional design-bid-build,DBB, is costly, antagonistic, and simply inefficient. A Job Order Contracting (JOC) system is based on a competitively bid indefinite delivery-indefinite quantity (IDIQ) contract between a facility owner and a construction contractor.

Contract 40

Contract Renovating Bidding Construction 40

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. This in turn lets the estimators use equipment rates that are spot on when estimating forthcoming work, which helps to get new work, and bring that work in profitably.

Construction 136

Construction Software Software Equipment 136

Building Information Management

NOVEMBER 6, 2013

Owners have reams of rules and regulations to follow in order to put a project out for bid fairly. Job Order Contracting offers an alternative to traditional bidding processes. This database would be referenced for estimating, negotiating, project control and closeout. The primary concern in JOC contracts is time.

Contract 40

Contract United States Estimating Bidding 40

Construction Business Owner

APRIL 12, 2012

And, just last week, the United States Green Building Council published a report that estimates from 2009-2013 the green building industry will support 8 million jobs throughout the economy. A prequalification program that tracks vendors certification, will also help you when it’s time to start bidding on projects. change orders.

Construction 120

Construction Certification Green Software 120

Autodesk Construction Cloud

JANUARY 19, 2022

The real problem is that poor cash flow management can be disastrous…impacting your project schedules, profitability, and relationships. And in 2020, the global cost of rework was estimated to represent 5% of all construction spending, or $625 billion. Choose projects with profitable estimates. Collect payments quickly.

Cash Flow 59

Cash Flow Management Profitability Change Orders 59

Job Order Contracting

JULY 29, 2021

Design-Bid-Build. Traditional design-bid-build (DBB) delivery process with design, bidding, and construction in separate, sequential steps. Construction contract is generally awarded to the lowest bidder and/or lowest qualified builder, who then utilizes the subcontractors included in his or her bid. Advantages.

Design 130

Design Bidding Engineering Construction 130

Autodesk Construction Cloud

DECEMBER 2, 2021

This can affect everything from the bidding process to change order management, your team’s efficiency, and ultimately, your bottom line. Effective cost management sets the standard for all project costs and affects all phases of a project including planning, design, estimation, change orders, and specialty contractors.

Management 52

Management Change Orders Construction Budgeting 52

Construction Business Owner

APRIL 4, 2011

It is up to us, the contractor, to shape the message effectively and communicate to the client what the building will cost, an estimated time line to completion and any inherent issues that need to be addressed as early in the project as possible. change orders. January 2009. December 2008. November 2008. October 2008.

Construction 120

Construction Software Software Accounting 120

Construction Cost Estimating

NOVEMBER 6, 2011

Construction Cost Estimating Blog. Construction Estimating Tool for General Contractors. General Contractors know the key to profitability is having accurate estimates for everything from electrical to concrete work. Equipment Management to track profitability by unit and maximize ROI on both equipment and fleet vehicles.

Estimating 53

Estimating Contractors Software Software 53

Autodesk Construction Cloud

NOVEMBER 17, 2021

Poor budgeting leads to inaccurate estimates and error-prone forecasts, which can result in unfavorable project outcomes. Ultimately, an inadequate construction budget leads to cost overruns, wasted time, and lower profit margins. When these components are in place, you’re better equipped to come up with accurate budgets and estimates.

Budgeting 52

Budgeting Budget Construction Estimating 52

Contractor Bookkeeping

JANUARY 2, 2015

The idea was you would do all the work they would get half the profits and you politely refused, or not? Tax Advantages For LLC or a Sub S - If you do not setup your corporation correctly the profit or loss from your business will be passed through to the owners as normal income. Estimating Process - There is no one right answer.

Construction 48

Construction Insurance Accounting Claims 48

Contractor Bookkeeping

JUNE 20, 2014

You do all the work they get half the profits and you politely refuse. Tax Advantages For LLC or a Sub S - The profit or loss from your business is passed through to the owners as normal income. Estimating Process - There is no one right answer. You bid on a project and you are the low bidder.

Insurance 48

Insurance Construction Accounting Claims 48

Contractor Bookkeeping

JUNE 15, 2012

You do all the work they get half the profits and you politely refuse. Tax Advantages For LLC or a Sub S - The profit or loss from your business is passed through to the owners as normal income. Estimating Process - There is no one right answer. You bid on a project and you are the low bidder.

Contractors 48

Contractors Insurance Claims Lien 48

Building Information Management

JUNE 8, 2015

The adversarial aspects of the traditional design-bid-build. project with a reasonable profit margin. The importance of collaboration among all stakeholders. Reduction of change orders. Most construction cost estimating and project. estimating, organizing data, and managing various AECOO tasks.

BIM 40

BIM Life Cycle Contract Environment 40

Construction Cost Estimating

NOVEMBER 17, 2010

Maxwell Systems ProContractorMX is fast, accurate, and easy to use estimating software for improving your takeoff and estimating processes. Its robust and user-friendly features helps you to work with more efficiency, bid more jobs, win more work, and make more profit than you thought possible.

Estimating 40

Estimating Software Software Bidding 40

Rory Woolsey

MARCH 10, 2012

Rory Woolseys Construction Estimating Blog. Construction Estimating One Bite at a Time. This week I have chosen to change things up a little bit with an article I wrote back in 2004. As an example, Job Order Contracting has a strong partnering component that thrives when founded in TRUST. Saturday, March 10, 2012.

Estimating 40

Estimating Bidding Organization Construction 40

Job Order Contracting

JULY 21, 2019

Procurement costs, project delivery times, overall construction costs, changes orders, and legal disputes can all be mitigated via properly established and managed JOC Programs. The JOC contractor then responds with a proposal/project estimate developed using the approved current UPB. How Does JOC Work? When Is JOC Used?

Contract 130

Contract Management Procurement Change Orders 130

Job Order Contracting

JULY 21, 2019

Procurement costs, project delivery times, overall construction costs, changes orders, and legal disputes can all be mitigated via properly established and managed JOC Programs. How Does Job Order Contracting Work? The JOC contractor then responds with a proposal/project estimate developed using the approved current UPB.

Contract 115

Contract Management Procurement Change Orders 115

Autodesk Construction Cloud

JUNE 10, 2022

Whether it’s bidding, estimation, or qualifying subcontractors, there are a few too many cooks in the kitchen. For instance, an integration between bid management solution BuildingConnected and collaboration software streamlines construction workflows between preconstruction and construction.

Construction 52

Construction Management BIM Project Management 52