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How to Manage Compliance for Construction Success

Viewpoint Construction Technology

These days, many contractors are faced with managing larger, more complex projects on a regular basis. Construction management is challenging, in no small part because the industry is governed by a plethora of regulations. Insurance and bonding requirements. Building codes. Credit and background checks. Lien requirements.

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Travelers Insurance Wants to Pay You to Use Procore

Construction Junkie

For years, I’ve been saying that using a cloud-based project management software should be a no-brainer for any construction company. Having all relevant documents available at your fingertips is invaluable to running and properly documenting a project. Well, now at least one insurance company believes that, as well.

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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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Sage Intacct Construction Brings Financial Management to the Cloud

Construction Junkie

There’s no doubt that one of the most important aspects of managing a construction project is being able to quickly and easily analyze your financials. Financials can be sorted, viewed, and filtered by project type, cost code, project manager, labor & material, and self-performed work vs. subcontracted work, among many other options.

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3 Factors to Consider When Starting the Prequalification Process

Safety Services Company

In this case, becoming prequalified can help your organization stand out. This process analyzes their performance, management process, resources, and capacity. Working with contractor management services can streamline the process, help you set up your accounts, and free up your time so you can focus on what you do best.

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Considering a Job Order Contract?

Job Order Contracting

Here are a few items for review when organizations are considering a job order contract or hoping to improve one. Assure JOC program processes and structure mutually benefit your organization and awarded JOC contractors and can be implemented without the need for paid on-site “JOC consultant” 2.

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Construction Cost Audit Fundamentals

Job Order Contracting

This includes pre-construction and planning phase activities including initial owner scope of work as well as all related planning, procurement, and project management processes. A construction cost audit and associated checklist are important risk management and LEAN construction planning, procurement, and project delivery tools.