Construction Business Owner

JUNE 12, 2020

How to Increase Safety & Social Distancing Without Ruining Your Budget. As the construction industry inches closer to fully reopening across the country, worker safety continues to be at the forefront of conversation. Elizabeth Manning. Fri, 06/12/2020 - 09:12.

Budgeting 327

Budgeting Budget Safety Contractors 327

Lets Build

JUNE 2, 2023

The success of any construction project hinges on multiple factors, including budgeting and scheduling, which impact the project’s completion. In fact, most contractors usually add a 10% margin error into their budgets and timelines as a contingency.

Project Management 148

Project Management Budgeting Budget Management 148

Construction Business Owner

DECEMBER 31, 2022

Inside the Advantages of Construction Management Software. Contractors can’t afford slowdowns or inefficiencies during a project. Construction management (CM) software allows for constant communication, documentation and collaboration, ensuring the project stays on track and on budget. Sat, 12/31/2022 - 07:39.

Software 296

Software Software Management Construction 296

Construction Marketing

OCTOBER 16, 2023

It takes extensive preparation and planning to complete your construction project successfully. Sometimes, even the most experienced developers, contractors, owners, and construction managers find it challenging to maintain the highest efficiency standards and stay organized throughout the entire construction process.

Construction 322

Construction Budgeting Budget Materials 322

HardHatChat

SEPTEMBER 26, 2018

For the most part, a commercial construction firm’s job is pretty straightforward. But because we have such a broad range of expertise and the know-how to weigh in or provide services for so many aspects of the construction process, there are times our clients don’t even realize they could and should be calling us for assistance.

Commercial 410

Commercial Contractors Construction Budgeting 410

Job Order Contracting

JULY 31, 2023

JOC contractor evaluation is an ongoing process, begining with their response to a Job Order Contract Request for Propsals for design-builders and continuing throughout the life-cycle of the JOC Program. Here is a considerations for JOC contractor evaluation. Ability to create and maintain a safe and clean work environment.

Contractors 130

Contractors Life Cycle Mobility Change Orders 130

cnstrctr

AUGUST 30, 2020

The post Why Construction Projects Go Over Budget appeared first on cnstrctr. And what you can do to prevent them from going over.

Budgeting 148

Budgeting Budget Construction Permits 148

HardHatChat

FEBRUARY 14, 2024

As anyone in the commercial construction industry knows, reliable, responsive, and skilled subcontractors are the lifeblood of our business. Your reputation and finished product as a national general contractor are only as good as the performance of your local subcontractor partners. Believe me, it takes some trial and error.

Commercial 295

Commercial Construction Schedule US 295

Autodesk Construction Cloud

NOVEMBER 17, 2021

Your construction budget is one of the most important things to get right in any project. Poor budgeting leads to inaccurate estimates and error-prone forecasts, which can result in unfavorable project outcomes. The lack of proper budgeting practices can also lead to communication breakdowns and misalignment.

Budgeting 52

Budgeting Budget Construction Estimating 52

Viewpoint Construction Technology

MAY 14, 2019

The most common contractor errors and how to avoid them to keep your construction projects safe, productive and profitable. The savvy contractor knows they can’t possibly avoid every jobsite mistake. Let’s explore 10 of the most common mistakes made by contractors with the best way to avoid the worst.

Contractors 287

Contractors Software Software Accidents 287

Construction Marketing

FEBRUARY 17, 2022

Finding your dream home with all the unique features within your budget and in the perfect location can be challenging. However, with a construction loan , you can build your dream home from scratch without making compromises. A construction loan is high-interest, short-term financing that you can use to custom-build your home.

Construction 267

Construction Budgeting Budget Drawings 267

Construction Marketing

DECEMBER 18, 2023

Prefab steel construction is transforming the building landscape with its innovative approach. Choosing between prefab steel and traditional construction involves matching the method to your project’s needs. Companies like Price Buildings provide the pre-made parts or structures the construction team assembles on-site.

Construction 292

Construction Sustainability Materials Design 292

Fieldwire

MARCH 5, 2024

To say that winning bids is the key to success in construction is a half-truth. Estimating project costs correctly and managing the budget accordingly are just as vital. All subcontractors make project cost estimation and budgeting errors. However, trying to be a specialty contractor for everyone can backfire.

Budgeting 52

Budgeting Budget Estimating Bidding 52

Construction Marketing

MAY 17, 2023

The construction industry is undergoing a remarkable transformation as it embraces the digital age. Due to the quick adoption of new tools and technologies, keeping competitive and being successful in the current environment of the construction industry are now closely related to implementing technological innovations.

Innovation 254

Innovation Construction Safety Budgeting 254

Levelset

OCTOBER 19, 2022

When a property owner wants to finance the construction of a new building, they typically have to obtain two loans: one loan for the mortgage on the completed home, and another for the land purchase and construction expenditures. What is a construction-to-permanent loan? Contractor risks with a construction-to-permanent loan.

Contractors 98

Contractors Lien Construction Finance 98

Contractor Bookkeeping

APRIL 15, 2022

With the potential for business life to return to something resembling normal, it's good to look at your budget and see where you may need to shift some of your priorities. There is no better time to reflect and think seriously about your construction business.

Budgeting 94

Budgeting Budget Construction Organization 94

Viewpoint Construction Technology

JUNE 6, 2019

Improving collaboration between contractors and clients is key to building long-term relationships. Simply getting the job done isn’t enough for today’s leading contractors. Contractors know that creating a positive culture — combining real-time collaboration with excellent execution — that breeds happy clients.

Contractors 209

Contractors Software Software Budgeting 209

Construction Marketing

AUGUST 3, 2022

None of this would be possible without efficient and careful construction project management planning and construction managers. Construction project management plays a vital role in ensuring that all the buildings around us are built safely and on time. What does the construction project management team do?

Project Management 228

Project Management Management Construction Feasibility 228

Lets Build

MARCH 31, 2022

General contractors are at the forefront of almost every construction project. They plan and coordinate, budget, and supervise a variety of projects from beginning to end. What is a general contractor? Now, let’s get into the specifics of general contractor salaries and the factors that affect their pay.

Contractors 148

Contractors Profitability Management Schedule 148

Construction Business Owner

MAY 28, 2014

Nuclear decontamination and decommissioning (D&D) projects are complex examples that show how and why contractors to the federal government can suffer disproportionately from budget reductions.

Budgeting 176

Budgeting Budget Contractors 176

Contractor Bookkeeping

MAY 3, 2024

Small construction businesses have several characteristics that distinguish them from larger firms. Over the years, we have had many successful construction clients. These characteristics include having a limited workforce, smaller revenue streams, and a more localized focus.

Contractors 92

Contractors Construction Finance Security 92

Lets Build

MARCH 24, 2023

Digital construction software is changing how companies operate and improving their productivity in the field and in the office. The construction industry is notorious for being slow to adopt new technologies, but failure to digitise your processes in today’s landscape isn’t an option.

Software 147

Software Software Management Construction 147

Construction Dive

AUGUST 12, 2019

Budget overruns can pop up in any part of a project's budget — specifically, these four major areas.

Budgeting 131

Budgeting Budget Contractors 131

Construction Business Owner

NOVEMBER 9, 2023

1 challenge many contractors face is profit shrinkage or profit margin fade. This recurring problem occurs when the final construction project job cost finishes higher than the bid estimate or budget. Then completed jobs often cost more than their estimated bid budgets.

Profitability 156

Profitability Bidding Estimating Budgeting 156

Construction Marketing

DECEMBER 27, 2021

As a contractor, you likely know that your business is always at risk. Here’s an overview of the most important types of insurance for contractors. Here’s an overview of the most important types of insurance for contractors. Builders risk insurance is a type of coverage that applies to ongoing construction projects.

Insurance 156

Insurance Contractors Accidents Liability 156

Job Order Contracting

OCTOBER 24, 2017

Consistent Delivery of On-time, On-Budget, Quality Renovation, Repair, and Construction is available to any competent real property owner that demonstrates leadership. Key Characteristics of LEAN Collaborative Construction Delivery. Contractor coefficient(s) – Normal Hours, Outside of Normal Hours, Special Access, etc.

Budgeting 100

Budgeting Budget Renovating Overhead 100

HardHatChat

FEBRUARY 13, 2023

With Baby Boomers aging, it is no surprise that Senior Housing construction and renovation are… well…BOOMING. In recent years, we’ve been working with Senior Housing developers and operators to update existing facilities, add new amenities, and retool common areas to be more competitive with new-construction senior housing options.

Renovating 156

Renovating Housing Construction Budgeting 156

Construction Business Owner

SEPTEMBER 13, 2016

Highway construction projects are multifaceted challenges for contractors. One component that is critical to staying on schedule and under budget is dowel pin drilling. The following are four best practices for road contractors.

Roads 214

Roads Contractors Regulation Budgeting 214

Job Order Contracting

NOVEMBER 30, 2022

Traditional construction cost management remains problematic for most real property owners. Traditional Construction Cost Management Failure. The recently published survey of 243 owners (122 public, 121 private), 240 general contractors and 241 specialty trade. Quantitative performance metrics. Regular third-party audits.

Management 207

Management Construction Forecasting Organization 207

Construction Business Owner

SEPTEMBER 9, 2022

Managing Supply Chain Disruptions in the Construction Industry. This has been true for every industry, but few have been as broadly affected as the construction industry. Construction supply chains are naturally complex, and the operating principles that worked in the pre-COVID-19 marketplace may not be as successful today.

Management 296

Management Industrial Construction Materials 296

Job Order Contracting

SEPTEMBER 10, 2018

Empowering Owners with On-Demand Quality, On-Time, On-Budget Facilities Repair, Renovation, & Construction is what we do each and every day. LEAN construction delivery, specifically the OpenJOC(TM) Job Order Contracting Solution measurably repair, renovation, and construction outcomes. info@4bt.us.

Renovating 100

Renovating Budgeting Budget Life Cycle 100

Carol Hagen

DECEMBER 8, 2011

Construction company budgets are heavily weighted to the salary and compensation plans of their employees. Whether it’s the chief estimator, accountant or IT director, knowing what the going rates are in your area can help you budget and ultimately attract the best talent to your construction firm.

Arizona 135

Arizona Budgeting Budget Resource 135

Wolgast Corporation

FEBRUARY 27, 2024

General Construction for a long time was the primary method of delivering construction. Even Wolgast in the early years was a one-trick pony with General Construction being our only option. The needs of busy business people who didn’t have much knowledge about construction drove the creation of the Design-Build delivery method.

Design 62

Design Bidding Budgeting Budget 62

HardHatChat

MARCH 4, 2019

One of the biggest challenges for commercial construction firms today is the tighter project timelines that have become the norm at every phase of a project – from shorter deadlines for submitting initial bids and budgets, to quicker resolution on addendums and change orders, to compressed schedules for construction and delivery.

Project Management 349

Project Management Commercial Management Construction 349

Construction Business Owner

JANUARY 10, 2024

7 Strategies to Maximize Your Rental Experience ccapoccia Wed, 01/10/2024 - 17:01 In construction, a reputation for efficiency can go a long way. It allows your business to move swiftly during projects, budget effectively and continue to have a consistent stream of revenue as you manage your jobs.

Forecasting 156

Forecasting Budgeting Budget Contractors 156

Viewpoint Construction Technology

MAY 16, 2019

Sometimes, staying in the green can be difficult with large budgets and complex projects that have many details and variables. From designing effectively to reducing waste, we have come up with seven tips and best practices that can help contractors stay above water. Design Effectively. Inventory Your Assets. Reduce Wasted Materials.

Contractors 288

Contractors Inventory Schedule Materials 288

Job Order Contracting

AUGUST 17, 2023

Controlling construction costs is not rocket science, nor does it involve time travel. Any real property owner can control construction costs for facilities repair, renovation, maintenance, and new build projects. Consistently delivering quality projects on time and on budget simply requires leadership, accountability, and commitment.

Travel 178

Travel Construction CSI Subcontracting 178