Remove Bidding Remove Foundation Remove Insurance Remove Office
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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Now that the holidays are over and all of the massive amounts of breads, cookies, candies, and pies have suddenly disappeared (at least they have from my office) it’s time to make those New Year’s resolutions. Evaluate Bidding Strategy. foundation. foundation software. STRATEGY |. MANAGEMENT |.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. The Expensive Process of Bidding » Save Time, Resources – File Electronically. Keeping documents as electronic files reduces paper waste and clutter in your office because you can get rid of the filing cabinets. foundation. foundation software. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. 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. Connect the Field to the Office. foundation.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. With backlogs down and work less plentiful, field supervision has come into the office and become an integral part of the estimating process. In addition to providing critical insight to a bid, tender or proposal, the theoretical “buy-in” to the process from the field manager is invaluable. foundation.

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Common Types of Construction Contracts And Their Use

cnstrctr

For the examples I’ll be using a 10 storey office tower as the example building. Meaning each door, wall, foundation type, mechanical unit, exterior wall system would be outlined in detail. Using the office building example we noted above, the construction management contract is more fluid. Construction Contract Types.

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Elements of a Cost Estimate

Construction Cost Estimating

The foundation for a successful estimate depends on authentic takeoff of the quantities of the various materials involved in the project. These are FICA (Social Security), SUI (State Unemployment Insurance), FUI (Federal Unemployment Insurance), WC (Worker Compensation) and others mandated by legislation and/or company operations.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. But I have been surprised at the number of contractors who tell me that they have bid for jobs at break-even or at a loss. All of a company’s overhead – office, management, and other costs – need to be rolled into the pricing. foundation. foundation software. STRATEGY |. MANAGEMENT |. ACCOUNTING |.