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4 Ways Materials Financing Can Help You Recession-Proof Your Business

Levelset

One of the most significant challenges during that time was the lack of financing for commercial construction companies. That’s why we’ve built Materials Financing to empower you to buy materials now and pay for them later with up to 120-day payment terms.

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The High Cost of Low Bids: When Contractors Compete on Price, Everyone Loses

Levelset

Prioritizing a low bid over contractor performance is a lose-lose procurement strategy. Unfortunately, low bidding is an accepted practice for both owners and contractors alike. Owners will say that focusing on the lowest bid possible ensures they get a good price. Who’s responsible for low-bid procurement?

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How to Increase Cash Flow for Your Construction Business When You Can’t Get the Financing You Need From the Bank

Levelset

Many contractors feel using their personal accounts is the only way to get the cash they need to help their business and start bidding on jobs. Use Materials Financing to keep money in your pocket and not pour all your cash into upfront materials. Bid on projects in your wheelhouse so you can work efficiently.

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Should Contractor-Financed Projects Be Competitively Bid?

Construction Dive

By Bruce Jervis Pressing needs for infrastructure and other public facilities, combined with limited funding sources, are changing the way public projects are financed. The bidding laws in many states have been slow to keep pace. The procurement was exempt from competitive bidding. Some states, however, have been proactive.

Bidding 52
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Bidding Wars Are Top Reason Active Buyers Remain Unsuccessful

Pro Builder

Bidding Wars Are Top Reason Active Buyers Remain Unsuccessful. cbroderick. Fri, 02/12/2021 - 09:00. Nearly 70% of active buyers still searching for a home last quarter have spent up to three months on the hunt, with most blaming getting outbid. Read More. . Market Data + Trends. Market Data + Trends.

Bidding 52
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What Every Business Owner Should Know about Design-Build Construction

Wolgast Corporation

Two Important Benefits of Design-Build 1 - An Owner can get an accurate estimate earlier – when using the General Construction delivery method, you have to wait for plans to be completed by the Architect to hand over to the Contractor for bidding. An Owner will have all of the lowest numbers in their bid package.

Design 62
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Low Bids Benefit Building Owners

Chianelli Estimating

Does the owner benefit from the lowest bid? Better yet, the committee believed the estimated cost from the accounting department would be met.The final design is complete and is now ready to go out to bid. . Bid packages are distributed to interested contractors and the process begins. . Bids received and opened.

Bidding 100