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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. . FINANCIAL RATIOS: DEBT . Debt Ratio . Debt-to-Equity .

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10 Contract Terms for Higher Profitability

PSMJ Resources

Most clients are demanding more work for lower fees, and firms that do not reexamine the terms of their contracts usually find themselves without enough income to break even, let alone make a profit. With private sector clients, it can dramatically increase profits. Get partial or full payment of fees before starting.

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5 Reasons to Move to Integrated Digital Delivery (IDD)

Autodesk Construction Cloud

Amid falling demand, spiralling debts and waning investor confidence, the arrival of a global pandemic almost brought the industry to its knees. 3 Greater access to information reduces waste and increases profitability. The last few years have been a challenge for Singapore’s construction sector.

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Where Did The American Construction Worker Go?

Chianelli Estimating

Many individuals have become more, perhaps a Construction Estimator, or a Commercial Estimator. I understand that today’s parents want their children to go to college and get that high tech career that requires college and beyond, not to mention fighting for an entrance level position and $100,000 to $200,000 in debt or more.

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A Cash Flow Guide for Architects

Levelset

Gray recommends starting with your breakeven rate and then adding 20% to that as your profit margin. Knowing that it’s difficult to estimate exactly how long a project takes, it’s a best practice to be very conservative with the estimated time needed, and add a buffer of 20% or more to the estimated total hours.

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What’s a Colloquium?

Natural Building

We became skilled and empowered while opting out of an exploitative system that drowns people in debt and detaches them from their innate abilities as it profits from demolishing the natural world. We estimate between 50 to 100 people helped build our home; from expert builders to novices, from children to curious onlookers.

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4 Factors Underwriters Consider When Issuing a Construction Bond

Levelset

Some contractors watch as their gross profit margins decrease when they take on larger jobs. Next, subtract the sum of your accounts payable, short-term debts owed, and over-billings. Contractors go into jobs to make profits, but sometimes, unforeseen problems can lead to losses. Get materials now, keep your cash. Learn More.

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