article thumbnail

Why Hiring a Non-Local Commercial Construction Contractor is Crazy…Like a Fox

HardHatChat

The travel expenses alone for a non-local general contractor would inflate a retail construction bid to the point where the job isn’t economical. I’m sure you’re reading this headline and thinking one of the following: A. If I don’t hire local construction workers, I’ll be the pariah of the community. Well, it’s not like that.

article thumbnail

Job Order Contract Execution Guide – Sample Template

Job Order Contracting

The following template is provide for sample purposes only and should not be used a legally bidding document without through review and modification by appropriate Owner legal counsel. coefficient (reference table of allowable overhead). furnish as part of his overhead cost included in the coefficient, all necessary protective.

Contract 100
professionals

Sign Up for our Newsletter

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

article thumbnail

Electrical Utility Construction Estimator

Construction Cost Estimating

This position will be responsible for the preparation of electrical utility estimates for construction projects to aid management in bidding on or determining price of construction of service. Overnight travel may be required. The majority of work takes place inside an office environment however some field site time will be required.

article thumbnail

Is Your Accountant Helping Or Hurting Your Construction Company?

Contractor Bookkeeping

I understand because as a child growing up in a construction family in the 1960''s I remember when the "Traveling Bookkeeper" would arrive at my parent''s home to do their contractors bookkeeping. My Mom would have all the receipts and cancelled checks organized in boxes and file folders the "Traveling Bookkeeper". Bid Deposit.

article thumbnail

New And Restarting Contractors

Contractor Bookkeeping

As their business grows they like to take time off and enjoy travel and vacations. Maybe you began your company with a few friends and relatives and thought your overhead expenses would be low since you worked out of your home. This Means You Have Overhead - Not just office overhead, you have field overhead too.

article thumbnail

A glossary of terms with reference to Construction Cost Estimating

Construction Cost Estimating

It also (ideally) details the terms and conditions of the construction or repair contract and itemises all work to enable a contractor to price the work for which he or she is bidding. See also Overhead, Indirect cost. See also, Overhead, General & Administrative Cost, Distributable. Open shop is also known as a merit shop.

article thumbnail

Rory Woolsey's Construction Estimating Blog: Losing Your Shirt.

Rory Woolsey

As you travel south the road signs point you in a direction that does not match the plan causing great consternation to the driver. Hasty plans make for troubling travel. Double Check Phase: All good cost estimates are checked and double checked prior to establishing it as the project budget or bid price for a project.