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Homebuyer Competition Drops to Lowest Level in Two Years

Pro Builder

Homebuyers are taking a break from bidding wars as home prices become increasingly unaffordable for a growing number of Americans. The nationwide bidding war rate fell below 50% in June for the first time since May 2020 as a result of inflated housing costs pushing a growing number of would-be buyers to the sidelines. a year earlier.

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'Overlooked' Conflict-of-Interest Rule Created Confusion on Big Light-Rail Bid

ENR Construction

How a contract clause threw an important Minneapolis transportation project into turmoil.

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Seven Traits of Profitable Specialty Contractors

Fieldwire

Even with numerous challenges, specialty contracting can be profitable. Consistent Contracting Practices. Profitable firms follow consistent contracting practices from start to finish. Profitable firms also have consistent bidding and estimating processes that use current technology and pricing information. Schedule Demo.

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Five Causes of Construction Rework and How to Avoid Them

Fieldwire

According to research published by the Construction Industry Institute (CII) in 2011, rework costs can range from 2 to 20 percent of a typical project’s contract value. Errors and omissions are often beyond the control of construction contractors, but sometimes contractors can help identify these issues during bidding and plan review stages.

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Project Manager Workloads: How Much Is Enough?

Pro Builder

Or do you churn and burn through trades, always looking for a lower bid price? Spec vs. contract homes. In other markets, contracted sales make up 75% to 80% of volume and there are a multitude of other possible combinations. Yet the hearty builders in Minneapolis managed to build more effectively throughout the winter.

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Hard Hats & Crafts – Celebrating Women Leaders in Construction Safety

Construction Junkie

As OGSD for our Federal Contracting Group we worked with a lot of smaller trade partners across the country, it was rewarding to help educate those trade partners and I believe by sharing our programs we helped make a positive and lasting impact to their business and the safety of their workers. What were challenges you overcame?

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