article thumbnail

Five Tips To Help Contractors Stop Losing Money On Change Orders

Contractor Bookkeeping

Part of the root cause can be traced to a mild case of "Stockholm Syndrome" where contractors feel their cash flow may be held captive by their customers or clients. In this case the "Hammer" is a change order. Change orders are the "Hammer" and if you have a signed change order you have the hammer.

article thumbnail

Modular Will Be Worth It

Pro Builder

If we're not delivering speed with all the advantages of modular, we're not succeeding,” said Anthony Gude, director of operations at R & S Tavares Associates, a company that provides services that include design, structural engineering, consulting, and project management for prefabricated buildings.

professionals

Sign Up for our Newsletter

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

article thumbnail

Free Useful Templates For Construction Contractors

Contractor Bookkeeping

FREE Templates Downloads To Increase Construction Company Cash Flow. Click On The Links Below For Free Forms: Free One Hour Consultation. Free Contractor Change Order Template On Excel. Free Contractor Change Order Template On PDF. Free Contractor Purchase Order Template On Excel.

article thumbnail

Construction Financial Reporting – Why It’s Important and How To Do It

cnstrctr

The second reason is for cash flow. These reports should summarize the overall budget, potential change orders, cash flow, risks and more. These reports should summarize the overall budget, potential change orders, cash flow, risks and more.

article thumbnail

Construction Cost Management 101

Autodesk Construction Cloud

This can affect everything from the bidding process to change order management, your team’s efficiency, and ultimately, your bottom line. Effective cost management sets the standard for all project costs and affects all phases of a project including planning, design, estimation, change orders, and specialty contractors.

article thumbnail

Twelve Free Ways For Contractors To Get Through The Recession

Contractor Bookkeeping

Free One Hour Consultation. Free Construction Change Order Template. Free Cash Flow Diagram For Contractors. Free Cash Flow Diagram For Remodelers. Free Cash Flow Diagram For Home Builders. Free Construction Invoice Template. Free Construction Estimate Template. Free Time Card Templates.

article thumbnail

Obtaining the Proper Bonding for Government Jobs

Construction Business Owner

Now I am by no means an expert on the subject, so prior to starting the bonding process, it is important to consult with a bonding specialist to review all the requirements for your specific situation. change orders. So how do you get bonded? A few basic tips. January 2009. December 2008. November 2008. October 2008.

Cash Flow 168