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Budgeting, Forecasting, And Goal-Setting In Your Construction Company

Contractor Bookkeeping

We often get into business because we love a product or service we want to provide, but it's less common that we love managing the financial aspects of our business. As a construction company owner, you have the best chances of success when you regularly set budgets, develop financial forecasts, and establish goals.

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Efficient Public Sector Facilities Management Solution

Job Order Contracting

Lump sum or poorly detailed contractor or subcontractor quotes, historical cost data, or national average cost data do not provide any ability for cost management to an owner. Project completion time (forecast vs. actual). Project cost (forecast vs. actual). Health and safety incident rates. Number of change orders.

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Mace raises tender price forecast as wages rise again

Construction Enquirer

Mace has increased its tender price forecast in light of further inflation. The latest forecast balances the positive economic growth in the first quarter, the rate of material prices continuing to cool – but also the recent news that the UK economy continues to suffer from significant inflation. in London and 3.5% in London and 3.5%

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FORECASTING CONSTRUCTION DURATION

The Constructor

Forecasting construction duration in a project can be achieved by many means and depends on the stage of construction planning. Forecasting. Construction Management Construction Others'

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What the Latest Rental Forecast Means to Your Business

Construction Business Owner

The latest quarterly update to the 5-year forecast for equipment rental industry revenues released by the American Rental Association (ARA) continues to call for steady gains through 2021.

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How To Improve The Management Of Construction Site Inventory

Construction Marketing

Site inventory management is a crucial part of any construction business. Updating your inventory management style will require a bit of creativity in equal measures of practicality. This article provides some helpful tips on boosting your business through inventory management improvement. Continue reading to learn more.

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3 cash flow forecasting tips for your next big construction project

Viewpoint Construction Technology

Effectively managing cash flow is critical for contractors’ success. Considering these complexities, it’s easy to understand why, throughout the life of a project, a variety of things can change — directly impacting the original cash flow forecast. Create Rolling Enterprise Cash Flow Forecasts.

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