Remove Bidding Remove Change Orders Remove Foundation Remove Liability
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

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.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

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. Was your initial estimate off? Wally Evans Blog.

professionals

Sign Up for our Newsletter

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

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. 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. change orders.

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

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. Public Exposure and Liability on Construction Sites. change orders.

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. change orders.

Cash Flow 169
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

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. Public Exposure and Liability on Construction Sites. change orders.