Remove Bidding Remove Change Orders Remove Finance Remove Foundation
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Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. 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.” Yes, change orders are nearly inevitable.

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Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. Meet with them before every project to discuss not only the contractual provisions for scope of work and change orders, but also what you bid and why. Stay on Top of Changes. The profit you calculate when bidding a job can fluctuate dramatically as work progresses. MANAGEMENT |.

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Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. I know a lot of contractors are getting into bidding season, and this got me thinking about communication. I know from my days as a general contractor that plans and specifications are altered continuously as subcontractors become involved, materials are changed, and change orders are issued.

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Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. ” » 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. Reduce Bidding Costs. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |.

Bidding 150
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Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. 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. foundation. MANAGEMENT |.

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Obtaining the Proper Bonding for Government Jobs

Construction Business Owner

Accounting & Finance. 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 substantially increases your ability to get bonded and opens the door to bidding on prevailing wage jobs. change orders. foundation.

Cash Flow 169
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Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. 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. change orders. foundation.