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

Levelset

“A low-bid strategy causes death by a thousand cuts to a project’s budget.”. Change orders inevitably increase costs , and schedule delays eat into the project’s budget. A low-bid strategy causes death by a thousand cuts to a project’s budget, and it’s totally avoidable if you adopt a more collaborative mindset.

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Maximising ROI with construction project execution software

Lets Build

Proper budgeting Budgeting requires the most attention to ensure on-budget projects. Poor budgets can lead to delays or even incomplete projects. This allows you to work within the budget. This includes blueprints, legal contracts, building codes, budget documents, proposals, bids, etc.

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Maximising ROI with construction project execution software

Lets Build

Proper budgeting Budgeting requires the most attention to ensure on-budget projects. Poor budgets can lead to delays or even incomplete projects. This allows you to work within the budget. This includes blueprints, legal contracts, building codes, budget documents, proposals, bids, etc.

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Construction Business Owner Blogs

Construction Business Owner

« The Year of Mobile Technology? Data Security in the Cloud » Collaborating on Cash flow. The topic of cash flow never seems to get old – after all, sustained negative cash flow often results in slashing budgets, personnel, and in the worst cases shutting down of a company.

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Data Analytics Trends in Construction

Viewpoint Construction Technology

Construction sites these days have no shortage of data: design and BIM data from the planning stages of a project, jobsite data collected by wearables, mobile devices and sensors on equipment/materials, accounting and job progress data from the office, project management data and much more. Diving Deeper into Construction Data.

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How Inventory Control Saves Construction Teams Resources

Construction Business Owner

Choosing an inventory control solution that works on a smartphone or tablet can help even the most mobile members of your business understand what they’re working with. This leads to not only your business generating cash flow sooner, but also to happier customers all the more likely to hire you again. About Sortly.

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7 Ways To Grow Your HVAC Business in 2022

Levelset

So read on to learn about strategies for cash flow, sales, finance, marketing, operations, staff, and leadership. Manage your cash flow as well as you handle air flow. An HVAC company that’s not managing cash flow is probably doing about as well as an AC unit that isn’t cooling.