Pro Builder

NOVEMBER 20, 2020

Since the scope and costs are already set, negotiation time is minimal before the contractor gets the work order and can move ahead. Most JOC contracts are for a year or more, resulting in steady, predictable income for months at a time. The contractors discuss the scope of work and negotiate the job order cost.

Contract 108

Contract Bidding Negotiation Income 108

Lets Build

JUNE 23, 2023

Investing in quality means you have to make fewer changes during the project—it saves time, it saves money, it saves headaches. No one wants a project full of change orders and rework. If you can negotiate payment terms or adjust payment schedules by tracking KPIs, you can keep your profit on track.

Profitability 78

Profitability Cash Flow Products Construction 78

Lets Build

JUNE 23, 2023

Investing in quality means you have to make fewer changes during the project—it saves time, it saves money, it saves headaches. No one wants a project full of change orders and rework. If you can negotiate payment terms or adjust payment schedules by tracking KPIs, you can keep your profit on track.

Profitability 78

Profitability Cash Flow Products Construction 78

Pro Builder

AUGUST 3, 2021

At the current rate of inflation, an increase in wages or income can’t happen fast enough to mitigate it. (In In fact, inflation increases with wage/income growth, so it’s a vicious circle.) 5 Tips for Dealing With 'Take It or Leave It' Ultimatums When Negotiating. Eliminate last-minute change orders.

Materials 98

Materials Income Industrial Products 98

Building Information Management

FEBRUARY 12, 2015

The contract includes a unit price book (UPB) that establishes a unit price to be paid for each of a multitude of construction line items including pre-priced/pre-negotiated items of work and materials. – INCOM 2009. Reduction of change orders. – Tex. Virtual elimination of legal disputes.

Contract 40

Contract Procurement Renovating Change Orders 40

Contractor Bookkeeping

MAY 28, 2013

A customer is someone who treats everyone and everything as a commodity negotiates the lowest possible price, leaves nothing but bad feelings, squeezes every last ounce of value and withholds payment as long as possible. As soon as a wall was up or a floor was sheeted the home owner would want to change something.

Contractors 48

Contractors Negotiation Banking Accounting 48

Contractor Bookkeeping

JUNE 15, 2012

Tax Advantages For LLC or a Sub S - The profit or loss from your business is passed through to the owners as normal income. Since the LLC or Sub S does not pay state or federal income tax (as separate business entities), you may be able to save money over a Sole Proprietorship; no double taxation.

Contractors 48

Contractors Insurance Claims Lien 48