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What are Preliminaries in Construction Contracts?

Lets Build

Most construction companies, project managers , and contractors will deal with preliminaries in their construction contracts. Every construction project requires planning the work and creating and maintaining schedules, and it’s not possible to assign all of these prelim costs to just one work section. Planning and design costs.

Contract 144
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Measurement Fails in Business, Part II: Real-World Examples and Solutions

Pro Builder

But my decades of studying numbers used to manage business, not to mention many other aspects of our lives, demonstrate—with apologies to George Gershwin—“It ain’t necessarily so.” To balance the material coming in, the gambit was to make deals and trade ingots, mostly on paper, with another mill. Measurement Fails, Part I.

Permits 98
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The Unique Challenges of Procurement Planning for Construction Companies

ProcurementExpress.com

It’s always been a struggle to get ahead of tight margins, cash-flow problems, and managing contracts. You’re dealing with subcontractors, labor shortages, sourcing, and multiple projects on multiple deadlines. Project Management. There are several project management tools built exclusively for construction companies.

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Are You Ready for Build to Rent?

Pro Builder

These deals, and others like them, accentuate some of the dynamics currently driving the single-family build-to-rent (SFB2R) market, including housing affordability, rent-by-choice preferences among some cohorts, and the unusual situation of equally hot home sales and rentals running parallel. It has unlocked better financing options.”.

Phoenix 105
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The Unique Challenges of Procurement Planning for Construction Companies

ProcurementExpress.com

It’s always been a struggle to get ahead of tight margins, cash-flow problems, and managing contracts. You’re dealing with subcontractors, labor shortages, sourcing, and multiple projects on multiple deadlines. Project Management. There are several project management tools built exclusively for construction companies.

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Unique Tips For Managing Cash Flow In Your Contracting Company

Contractor Bookkeeping

Outflows for your Construction Company are generally the result of paying labor, material, other direct and indirect costs of goods sold and overhead expenses. The sooner you learn how to manage your cash flow, the better your chances for survival. Narrowing, or even closing, these gaps is the key to cash flow management.

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Rory Woolsey's Construction Estimating Blog: Mark It Up!

Rory Woolsey

“ What are the” appropriate” markups for overhead, profit and contingency when budgeting facilities construction projects?” Beyond this, the installing contractor’s overhead(s) and profit will need to be added. We deal with them all the time. Rory Woolseys Construction Estimating Blog. Mark It Up!