PSMJ Resources
JULY 10, 2013
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. When negotiating a contract, insert as many of the following terms into the contract as possible: 1. Shorten the billing/payment cycle.
Contractor Bookkeeping
JUNE 18, 2013
They seek out "Clients" who respect them and pay a fair price for their services, not "customers" who want to chisel, negotiate and try to get something for nothing. Maybe you began your company with a few friends and relatives and thought your overhead expenses would be low since you worked out of your home. We can help you!
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Building Information Management
FEBRUARY 12, 2015
The contract includes a unit price book (UPB) that establishes a unit price to be paid for each of a multitude of construction line items including pre-priced/pre-negotiated items of work and materials. – INCOM 2009. Low overhead cost of construction procurement and delivery. – Tex. Reduction of change orders.
Contractor Bookkeeping
MAY 5, 2014
They may call your contracting company for future work or they may decide to shop the competition and use the information they find to negotiate for a lower price. The income from the service agreement is $600 - your cost $300 = $300 additional income. Non-service agreement customers are more likely to be customers and fickle.
Construction Cost Estimating
JULY 26, 2011
Under IAS 11, if a contract addresses two or more assets, the construction of each asset reported for individually if (a) separate proposals were submitted for each asset, (b) portions of the contract regarding each asset were negotiated independently, and (c) costs and revenues of each asset can be evaluated. IAS 11.10].
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