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A Contractor’s Guide to Homeowner’s Insurance: Is Your Project Covered?

Levelset

Klark Brown , Co-founder of the Alliance of Independent Restorers, reminds contractors that claims adjusters frequently perform remote visual assessments from which to prepare estimates. Any claims negotiations should be left to property owners, or licensed public adjusters or attorneys who can legally act on behalf of your customer.

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A Contractor’s Guide to Homeowner’s Insurance: Is Your Project Covered?

Levelset

Klark Brown , Co-founder of the Alliance of Independent Restorers, reminds contractors that claims adjusters frequently perform remote visual assessments from which to prepare estimates. Any claims negotiations should be left to property owners, or licensed public adjusters or attorneys who can legally act on behalf of your customer.

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8 Tips to Manage Cash Flow Like Your Construction Business Depends on It

Autodesk Construction Cloud

The real problem is that poor cash flow management can be disastrous…impacting your project schedules, profitability, and relationships. Choose projects with profitable estimates. You may compartmentalize profit so you say to yourself, “Sure, Project B is less profitable, but Project A is doing great so we’re still good.”

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Every Owner Should Implement JOC – JOB ORDER CONTRACTING – for Renovation, Repair, Sustainabilty, and Maintenance Construction Projects

Building Information Management

Items that are not in the UPB can be negotiated, priced, and added to the UPB at any time. The contracts price is put in terms of a coefficient, which is a multiplier that covers the contractor’s overhead and profit as well as any adjustment between the UPB and actual local prices. Greater Cost Visualization and Control.

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Using RSMeans Cost Data for Job Order Contracting – JOC – October 2013

Building Information Management

This database would be referenced for estimating, negotiating, project control and closeout. This enables the contractor to earn a profit over many jobs rather than one at a time and incentivizes a contractor to serve the customer effectively with high quality work in order to win additional job orders.

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Five Benefits of Inspection Reporting Software

Lets Build

For construction companies, it can also significantly increase profitability and maximise legal compliance. You can also upload images, creating inarguable date-stamped visual records of condition and status. This puts you in a stronger position to negotiate a cost-effective outcome. The 5 main benefits of inspection software.

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Integrated Project Delivery – IPD, Job Order Contracting – JOC, BIM, and Efficient Project Delivery

Building Information Management

Project delivery methods must therefore be a component of BIM, a fact many/most 3D visualization software vendors appear to have ignored. He also noted, for the contractor to understand, that change orders are kept to a minimum with JOC – thus, the contractor’s coefficient bid is very important for their long-term profitability success.