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Key Financial & Safety Metrics for Subcontractor Qualification 

Autodesk Construction Cloud

Extracting key ratios from financial statements and safety metrics from OSHA filings allows builders to gauge a subcontractor’s short-term and long-term health — and empower estimators with the data they need to make more informed bidding decisions. . A higher ratio indicates a stronger cash position. . Days of Cash on Hand .

Safety 94
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Construction Business Owner Blogs

Construction Business Owner

The New Estimating Tool – Superintendents » So You Want to Buy New Construction Software. Job Cost & Cash Flow. So it makes sense that any software you consider should offer comprehensive job cost and cash flow solutions. Public Exposure and Liability on Construction Sites. Construction Law.

Cash Flow 120
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Construction Business Owner Blogs

Construction Business Owner

One problem that even the most savvy contractors deal with is profit fade, when a job continues to incur additional costs that are not factored into the estimate. In turn, profit fade can dramtically affect cash flow and hinder the possibility of booking new jobs. Public Exposure and Liability on Construction Sites.

Cash Flow 120
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Construction Business Owner Blogs

Construction Business Owner

Being the Best » The New Estimating Tool – Superintendents. Estimating departments have added a new tool to their repertoire – superintendent and foremen input. With backlogs down and work less plentiful, field supervision has come into the office and become an integral part of the estimating process. Green Building.

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4 Factors Underwriters Consider When Issuing a Construction Bond

Levelset

Here are some factors you should consider to increase your chances of success with a potential project and your ability to secure a construction bond. Get materials now, keep your cash. It is also helpful to provide the surety with a cash flow projection for the project. Scope of work compared with past projects.

Risk 52
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Construction Business Owner Blogs

Construction Business Owner

However, estimates show in order to properly maintain the current system and expand it to meet future needs, we need to invest $225 to $340 billion annually.”. AEM estimates that 35,000 jobs—many of which are in construction— are created every time $1 billion is invested in our infrastructure. General Management. Software & Technology.

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Construction Business Owner Blogs

Construction Business Owner

« The New Estimating Tool – Superintendents. Public Exposure and Liability on Construction Sites. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Compliance/Regulations. Sales/Marketing. Equipment Management. Resource Center.