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How to survive and overcome inflation and rising construction costs

Lets Build

Prioritise value over competition One mistake project owners and procurement teams often make is prioritising bidding price over value. Using this traditional procurement method pits trade partners and contractors against each other. This can cost you more in the long run, especially when inflation is high and the market is volatile.

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Unlocking the Power of Data Through Construction Ecosystems? 

Autodesk Construction Cloud

Being able to leverage the Forge Viewer has been valuable to O3 because we can consume models engineered in any offering tool and leverage them for the virtual construction model. We’re not limited just to one small subset of models that are engineered inside a tool made by the same provider.”? .

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Top 3 Tips for Improving Cash Flow as a Construction Contractor

ProcurementExpress.com

There’s a lot to be said about the impact automation can have on processes like accounts payable, procurement, and more. When construction companies bring an e-procurement system into the fold, it makes it easy to keep track of outgoing cash in real-time. Use Reports to Inform Budgeting. Embrace Automation. Speed Up Receivables.

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Top 3 Tips for Improving Cash Flow as a Construction Contractor

ProcurementExpress.com

There’s a lot to be said about the impact automation can have on processes like accounts payable, procurement , and more. When construction companies bring an e-procurement system into the fold, it makes it easy to keep track of outgoing cash in real-time. Use Reports to Inform Budgeting. Embrace Automation.

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Why is construction so hard?

Fieldwire

An architect and team of designers has created a facility or structure that is meant to fulfill the needs and desires of a particular client, with a particular budget, building on a particular site. Again, site conditions change and local ordinances dictate a slightly different look, all leading to changes in procurement and planning.