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

Levelset

And any savings on paper are usually lost mid-way through the project in change orders. It’s time to re-educate the construction industry and reframe the “low bid wins” philosophy. Change orders inevitably increase costs , and schedule delays eat into the project’s budget. And guess what? You set a price.

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5 Ways to Prepare for New Revenue Recognition Standards

Viewpoint Construction Technology

When implemented properly, they offer improved cash flow and better accounting insight, which benefits contractors and customers. All of this should make the industry more streamlined in the way money flows and work gets done,” says Wayne Newitts, director of strategic partnerships at Viewpoint.

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Construction Business Owner Blogs

Construction Business Owner

The show had more than 125 education sessions and hundreds of exhibitors covering nearly 90,000 square feet of exhibit space. The education sessions covered technology, applications, leadership, sustainability, and management of public works projects. change orders. January 2009. December 2008. November 2008. August 2008.

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Construction Company Failure Root Causes

Contractor Bookkeeping

2 Change State - Arriving at a new understanding about something. Education is the foundation for shifting paradigm. In ancient Greece, Socrates argued that education was about drawing out what was already within the student. "I Not using Additional Work Orders or Change Orders (Click For FREE Change Order Template).

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Construction Business Owner Blogs

Construction Business Owner

I think it’s a great way to keep the education ongoing like I talked about two weeks ago. change orders. « The New Estimating Tool – Superintendents. Not All Construction Software is Created Equal » Being the Best. I read a lot. One of my favorite books is Good to Great by Jim Collins. December 2008.

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Construction Business Owner Blogs

Construction Business Owner

What I’m getting at here isn’t just that we should never stop learning, but that we should be more proactive about our education in every aspect of our lives! Education leads to improvement, efficiency, and profitability! change orders. Not to mention, it feels good to be the one with the answers. January 2009.

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Construction Business Owner Blogs

Construction Business Owner

Very excited about taking our popular educational webinar series on the road. change orders. The thing I like most about the World of Concrete is that I will get to interact with a large numbers of contractors during the four day show. Hope to see you all at the show. January 2009. December 2008. November 2008. October 2008.