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What Is an Insurance Endorsement? A Contractor’s Guide

Levelset

When working in construction, your insurance policy gets issued as a fairly standard contract. Like a basic construction agreement, you can upgrade or downgrade your insurance policy just as a customer might do with the fit and finish of a building. What is an insurance endorsement? How insurance endorsements work.

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Essential Construction KPIs to Improve Profits and Productivity

Autodesk Construction Cloud

Other critical measurements need to be taken into account to track constructions progress and productivity–the primary factors that are going to get teams that wanted success. Below, let’s discuss the importance of construction KPIs and critical metrics your company should be measuring to affect profits and productivity.

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Insurance for Electricians: What It Covers & Why You May Need It

Levelset

Scenarios like these stress the need for an electrician to have insurance coverage in place. Thus, a strong insurance plan helps you rest easier both on and off the job. Why can an electrical contractor use insurance? A series of small mishaps like these could put a dent in your profit margins from year to year.

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Digital Builder Ep 57: Global Construction Professionals Share Their Thoughts on Protecting Margins

Autodesk Construction Cloud

While bringing in large projects and generating revenue is essential, it’s equally important to manage profit effectively and ensure healthy margins. And while profit margins in construction are notoriously tight (4-6%), there are steps you can take to increase your profitability without compromising the quality of your work.

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Autodesk Doubles Down in Helping the Construction Industry Reduce Risk 

Autodesk Construction Cloud

Contractors are focused on executing efficiently and safety, while winning new business and staying profitable. . Our solutions help mitigate some of the largest project risks from conceptual design through construction operations. At Autodesk, we know there’s no one-size-fits-all approach to managing risk.

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Digital Builder Ep 57: Global Construction Professionals Share Their Thoughts on Protecting Margins

Autodesk Construction Cloud

While bringing in large projects and generating revenue is essential, it's equally important to manage profit effectively and ensure healthy margins. And while profit margins in construction are notoriously tight (4-6%), there are steps you can take to increase your profitability without compromising the quality of your work.

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8 essential steps for effective project cost estimation and budgeting

Fieldwire

Subcontractors getting awarded a contract spells financial disaster if the bid is too high to be competitive or too low to be profitable. Finding your niche can benefit your brand, gaining repeat business from general contractors and design-build construction firms. Submitting a price within the Goldilocks zone can be challenging.