Job Order Contracting

JANUARY 4, 2017

Unfortunately, if an Owner or Facilities Manager is not educated on the topic and relies exclusively upon a JOC consultant, major problems are common. Contractor’s percentage has declined 31% since program inception, significantly decreasing the likelihood contractors are able to make a profit.

Contract 100

Contract Project Management Consulting Long Beach 100

Job Order Contracting

FEBRUARY 17, 2017

The firm of Vicenti, Lloyd, & Sutzman (VLS) was retained to provide a construction consultant to further review certain JOC projects. Additionally, it was difficult for project managers to enforce the use of the CTC, which allowed increased use of Non-Pre Priced (NPP) items.

Contract 100

Contract Long Beach Project Management Bidding 100

Pro Builder

JUNE 1, 2020

For years, we as builders have been trained by industry consultants to think like manufacturers, create a process, and stick to it if we want to be profitable. Variances: Errors & omissions via hand-offs + incorrect plans/details + managing multiple documents. Think about this for a minute.

Documentation 59

Documentation Software Software Profitability 59

Viewpoint Construction Technology

JUNE 3, 2019

Sometimes there is little bearing on ongoing operations, but, depending on the nature of the conflict, these disputes can have serious ramifications which have the potential to cause brand damage, profitability issues or human resource issues. Process issues refer to anything that affects execution and delivery of a project.

Risk 130

Risk Software Software Construction 130

Contractor Bookkeeping

OCTOBER 4, 2013

There are a number of people who pass out advice on how to start a profitable construction company; however, very few have actually done it and fewer still had a clear understanding of where they were making or losing money and fewer yet have ever gotten past the point of owning a J.O.B. If You Know Exactly What To Do.

Profitability 48

Profitability Construction Accounting Cash Flow 48

Contractor Bookkeeping

FEBRUARY 28, 2014

To make matters worse there are a never ending parade of consults and hucksters ready to solve all your problems and make everything right as if by magic; and you know that''s not going to happen! Cash flow issues kill contractors even though they have profit. Poor document management results in overpaying taxes.

Profitability 48

Profitability Contractors Cash Flow Accounting 48

ProcurementExpress.com

FEBRUARY 11, 2019

For one, project management is huge—we recommend investing in a project management program specific to the construction industry. Select something that allows for office staff, project managers, executives, and those in the field to access the tool—from anywhere. Project Management.

Procurement 63

Procurement Plans Construction Budgeting 63

Construction Business Owner

MAY 31, 2011

This phase consists of consultation with Customers, Sales, Client Services, Quality Control, Programming and Management. This may involve continued consultations with those people previously interviewed. Finally, the programmers that do the actual coding will receive the final specifications document. document management.

Construction 150

Construction Software Software Accounting 150

Construction Business Owner

JUNE 29, 2012

« Better Project Management through Better Communication. Committing Intentional Project Communications » Public Exposure and Liability on Construction Sites. This week, I’m pleased to welcome David DeVita, a safety expert with 20 years of experience, from Carolina Safety Consultants. document management.

Construction 120

Construction Safety Software Software 120

Construction Business Owner

SEPTEMBER 27, 2011

I highly recommend that any contractor considering such an investment first consult with their CPA or tax specialist to discuss how Section 179 applies to their unique situation. Committing Intentional Project Communications. Better Project Management through Better Communication. document management.

Construction 181

Construction Software Software Accounting 181

ProcurementExpress.com

FEBRUARY 11, 2019

For one, project management is huge—we recommend investing in a project management program specific to the construction industry. Select something that allows for office staff, project managers, executives, and those in the field to access the tool—from anywhere. Project Management.

Procurement 52

Procurement Plans Construction Budgeting 52

Autodesk Construction Cloud

JANUARY 27, 2022

It was difficult to ensure that everyone had the correct up-to-date documentation for the current works. The issues management process in particular represented an opportunity to introduce efficiencies. Site managers and engineers would spend a large proportion of their time chasing subcontractors for updates by phone.

Autodesk 59

Autodesk Site BIM Management 59

Lets Build

JULY 14, 2020

Construction needs to be able to see digital solutions as what they are – tools to bring efficiency in construction projects. The route of how we get there might be different but we shouldn’t be changing these key objectives,” explains David Philp , Global BIM/IM Consultancy Director at Aecom and Head of B.I.M

Software 153

Software Software Construction Industrial 153

Construction Business Owner

DECEMBER 9, 2011

David is a construction safety expert for Carolina Safety Consultants with over 20 years of experience. Some project managers tend to think of safety in the workplace as one of those things that we do “when we get a chance.” Committing Intentional Project Communications. document management. Management.

Construction 137

Construction Insurance Software Software 137

Construction Business Owner

NOVEMBER 3, 2011

Gregg is a consultant with FMI and specializes in the areas of productivity and project management. Committing Intentional Project Communications. Better Project Management through Better Communication. document management. Management. project collaboration. project management.

Construction 120

Construction Software Software Accounting 120

Contractor Bookkeeping

NOVEMBER 15, 2013

. #02 Primary Financial Reports like Profit & Loss and Balance Sheet how your construction company is doing from a big picture view like looking out the window of an airplane cruising at 30,000 feet. 03 Job Costing Reports like Profit & Loss By Job, Job Profitability and Estimates Vs. . #03 Why you ask does this work?

Accounting 48

Accounting Construction Profitability Project Management 48

Contractor Bookkeeping

AUGUST 21, 2013

QuickBooks Online is a great program for small companies including some non-profit organizations but it is not suited for a serious construction contractor with more than two projects a month and generating more than $500 a year in sales. Paperless System For You To Store, Print, E-mail Documents.

Accounting 70

Accounting Profitability Contractors Washington 70

Construction Business Owner

AUGUST 18, 2011

This agreement ensures that a contractor will perform all of the duties they agreed to in the bid they placed, abiding by the terms of that government-sanctioned project. Committing Intentional Project Communications. Better Project Management through Better Communication. document management. Management.

Cash Flow 169

Cash Flow Software Software Accounting 169

Construction Business Owner

FEBRUARY 2, 2012

In the February issue of CBO, FMI consultant Gregg Schoppman points out some important lessons every construction business owner can learn from Beane’s story. In the end, jobs must translate to bottom-line profitability.” Committing Intentional Project Communications. Better Project Management through Better Communication.

Construction 120

Construction Software Software Accounting 120

Contractor Bookkeeping

NOVEMBER 18, 2013

And as always, we recommend you have any legal document reviewed by your attorney or legal counsel before using it. There are an infinite number of reasons why most construction companies do not generate a minimum 20% net profit and a six figure after tax income for the owners. What Gets Measured Gets Managed!

Accidents 48

Accidents Accounting Construction Profitability 48

Construction Business Owner

FEBRUARY 2, 2012

Jim is a senior consultant with FMI and specializes in building profits by developing tailored operations strategies for his clients. If leadership success was measured only on profitability, then there were certainly many “great leaders” sitting in the CEO position of many contracting companies. document management.

Construction 120

Construction Software Software Accounting 120

Contractor Bookkeeping

AUGUST 25, 2014

In normal times, contractors who pay close attention to their Five Key Performance Indicators financial reports and stay aware of the macro global economy and the micro local economy can plan ahead and earn a normal profit after paying the owners a reasonable salary. When you know the answers, the questions will not bother you!

Contractors 48

Contractors Accounting Hawaii Profitability 48

DebunkTheBIM

MAY 4, 2015

The trend, that originated somewhere in the 1980s too – and my term for it is, ‘The Global Takeover of the AEC consultancy Market by a Controlling Few’. So, why should not Engineering Consulting too? In fact the monsters themselves often act in multiple, conflicting roles on projects that a healthy industry should never tolerate.

BIM 48

BIM Consulting Engineering Industrial 48

Construction Business Owner

AUGUST 19, 2011

These are risk takers, men and women who are driven to hustle and make a profit—not the sitting still type. Committing Intentional Project Communications. Better Project Management through Better Communication. document management. Management. project collaboration. project management.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

FEBRUARY 9, 2012

I’m pleased to announce that this week’s blog is written by David DeVita, President of Carolina Safety Consultants. Committing Intentional Project Communications. Better Project Management through Better Communication. document management. Management. project collaboration.

Construction 120

Construction Software Software Safety 120

Contractor Bookkeeping

AUGUST 27, 2014

Let us handle your QuickBooks setup for your contracting company because accurate QuickBooks contractor reports are what profitable contractors use to help them steer their construction company through the ups and downs of the business cycle. Which QuickBooks Reports Will Help You Increase Sales And Profits? Of course you are!

Contractors 89

Contractors Accounting Work in Progress Profitability 89

Construction Business Owner

MAY 17, 2012

This week, I’m pleased to welcome David DeVita, a safety expert with 20 years of experience, from Carolina Safety Consultants. Committing Intentional Project Communications. Better Project Management through Better Communication. document management. Management. project collaboration.

Construction 120

Construction Software Software Injury 120

Contractor Bookkeeping

JANUARY 13, 2014

Lately a lot of contractors like you are discovering the need to get better financial and job costing reporting from their accounting software in order to stay competitive and know in advance which jobs to bid on that have a history of making your construction company a reasonable profit and which ones to ignore. Visit [link] to learn more.

Contractors 61

Contractors Accounting Project Management Profitability 61

Construction Business Owner

NOVEMBER 10, 2011

This week, I’m pleased to welcome David DeVita, a safety expert with 20 years of experience, from Carolina Safety Consultants. Committing Intentional Project Communications. Better Project Management through Better Communication. document management. Management. project collaboration.

Construction 120

Construction Software Software Safety 120

Contractor Bookkeeping

JULY 28, 2014

And we use them as source documents for bookkeeping entries. Change Orders Every change order has a clear scope of work and pre-determined price which needs to be documented IN ADVANCE OF THE WORK BEING DONE and paid in advance. Call Sharie 206-361-3950 or sharie@fasteasyaccounting.com and schedule your no charge one-hour consultation.

Contractors 49

Contractors Change Orders Accounting Cash Flow 49

Contractor Bookkeeping

SEPTEMBER 13, 2013

Having worked with contractors for a very, very long time the one thing we see highly profitable contractors do that other contractors don''t is they all have a documented Business Plan which they review and update during the two weeks following the end of every calendar quarter. Business Plan Pros Vs. Cons. See Leveling ).

Plans 48

Plans Contractors Cash Flow Profitability 48

Contractor Bookkeeping

JANUARY 27, 2014

They could do a fine job, the only question is how long would it take and would you be able to sell the house and make a profit? The difference between a Professional Bookkeeping Service and a Cheap Bookkeeper can cost you tens of thousands of dollars a year or more on your bottom line profit. Cloud based document storage.

Contractors 49

Contractors Accounting Banking Profitability 49

Contractor Bookkeeping

NOVEMBER 1, 2013

Having owned and operated - Several construction businesses over the past 30+ years we understand your industry and best practices when it comes to contractors bookkeeping, construction accounting and operating a profitable construction business. Cloud based document storage. Profit & Loss statement anytime YOU want it!

Accounting 49

Accounting Contractors Project Management Change Orders 49

Construction Business Owner

MARCH 6, 2011

Not only is corporate culture incredibly important to the long-term viability of a project, but modeling and testing should be an equally important part of the budgeting and yearly planning cycle. After the April consulting rush, I am going to put together a rough model and see if I can’t make this happen for my own company.

Construction 120

Construction Software Software Accounting 120

Contractor Bookkeeping

NOVEMBER 25, 2013

Having owned and operated - Several construction businesses over the past 30+ years we understand your industry and best practices when it comes to contractors bookkeeping, construction accounting and operating a profitable construction business. Cloud based document storage. Profit & Loss statement anytime YOU want it!

Accounting 48

Accounting Contractors Project Management Change Orders 48

Contractor Bookkeeping

NOVEMBER 25, 2013

Having owned and operated - Several construction businesses over the past 30+ years we understand your industry and best practices when it comes to contractors bookkeeping, construction accounting and operating a profitable construction business. Cloud based document storage. Profit & Loss statement anytime YOU want it!

Accounting 48

Accounting Contractors Project Management Change Orders 48

Contractor Bookkeeping

NOVEMBER 25, 2013

Having owned and operated - Several construction businesses over the past 30+ years we understand your industry and best practices when it comes to contractors bookkeeping, construction accounting and operating a profitable construction business. Cloud based document storage. Profit & Loss statement anytime YOU want it!

Accounting 48

Accounting Contractors Project Management Change Orders 48