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How technology can help you maintain your profit margins at residential projects

Lets Build

Setbacks like supply chain disruptions and rising energy prices are putting pressure on residential construction profit margins. And for many construction companies that operated on slim profit margins before those setbacks, even the smallest cost overruns can result in loss-making projects.

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The New Preconstruction Advantage: Connected Quantification & Model Coordination in a Common Data Environment

Construction Business Owner

The New Preconstruction Advantage: Connected Quantification & Model Coordination in a Common Data Environment. Each milestone or phase — from design to plan to build — requires many data handover cycles, increasing opportunities for rework. Perform 2D/3D takeoffs & BIM coordination in a single software solution. Greg Ragsdale.

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Building Strong Starts: Protecting Profit Margins Through Effective Preconstruction

Autodesk Construction Cloud

When you stay on top of project planning and design from the beginning (i.e., Doing so won’t just make your life easier; it’ll also help you protect your profit margins. The post Building Strong Starts: Protecting Profit Margins Through Effective Preconstruction appeared first on Digital Builder.

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Reducing 3 Types of Construction Waste to Increase Home Builder Profit

Pro Builder

Reducing 3 Types of Construction Waste to Increase Home Builder Profit. In today’s economic climate, it’s vital for home builders to keep waste to a minimum so they can receive the highest profit on their homes. Planning is key to saving money on the jobsite. Your plans should be clear and comprehensive. What Is Waste?

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£9.3bn race starts for National Grid construction partners

Construction Enquirer

The power distributor is planning to shake-up its delivery model for infrastructure in what will be its largest investment programme in generations. Opting for a collaborative procurement model, The Great Grid Upgrade Partnership will be split into two major lots: covering consultancy and construction works.

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Construction Industry Insights For 2022

Contractor Bookkeeping

In normal times, contractors who pay close attention to their Five Key Performance Indicators financial reports and stay aware of the macro global economy and the microlocal economy can plan and earn an expected profit after paying themselves a reasonable salary.

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Top Digital Solutions and Technologies That Rule the Construction Industry Today

Construction Marketing

Among the most efficient construction technologies are building estimation software , cloud-based systems, building information modeling, and more. These are some but not the least solutions that can enhance the design, accounting, budget planning, on-site and business processes, and management. BIM & Wearables.