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4 Ways Materials Financing Can Help You Recession-Proof Your Business

Levelset

Managing cash flow in the construction industry is difficult in any economy, but during a recession, specialty contractors face even more financial challenges than usual. One of the most significant challenges during that time was the lack of financing for commercial construction companies.

Finance 52
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Job Order Contracting Training Note – JOC Coefficient

Job Order Contracting

home office overhead; insurance, bonds, and indemnification; project meetings, training, management and supervision; mobilization and close-out for the contract and each Project/Job Order; project office staff and equipment; profit; subcontractor’s overhead and profit; all taxes for which a waiver is not available including material sales tax (..)

Contract 100
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Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. INSURANCE |. EQUIPMENT |. General Management. Accounting & Finance. People Management. Equipment Management. Equipment and Services Directory. Good on new and used equipment, including software. Better Project Management through Better Communication.

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Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. INSURANCE |. EQUIPMENT |. General Management. Accounting & Finance. People Management. Equipment Management. Equipment and Services Directory. Plan to use the funds for basic operational items — not capital purchases, such as construction equipment. STRATEGY |.

Banking 120
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Contractors Are Renting Rather Than Buying More Equipment.

ENR Construction

Contractors Are Renting Rather Than Buying More Equipment During Slow Recovery. Equipment rentals allow contractors to shift downtime risk while trimming expenses, including licensing, insurance, taxes and debt, among others. in 2011, according to the Associated Equipment Manufacturers, a Milwaukee-based industry trade group.

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Setting up a Job Order Contract Using Best Management Practices

Job Order Contracting

Setting up a Job Order Contract Using Best Management Practices involves a mix of strategic and operational steps including a gap analysis of current and planned outcomes. . e) Each signed task order becomes, in effect, a fixed price, lump sum contract and is managed accordingly. JOC Characteristics. (a) Planning and coordination. (a)

Contract 100
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Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. INSURANCE |. EQUIPMENT |. General Management. Accounting & Finance. People Management. Equipment Management. Equipment and Services Directory. Green Construction & Construction Software » The Business of Construction Risk Management. STRATEGY |. SOFTWARE |.

Risk 120