article thumbnail

Harnessing the Power of RPA

Construction Business Owner

Despite its simple appearance, the financial equation of “revenue - expenses = profit” is so complex, there are few who truly understand it. Common expenses for operating a construction business include labor, materials, insurance, permits, office space, vehicles, trailers and other incidentals.

article thumbnail

Michigan Gov. Threatens to Seize Line 5 Pipeline Profits From Enbridge as Tunnel Gets First Permits

ENR Construction

Gretchen Whitmer won't shut oil and gas pipeline but threatens to seize proceeds if owner Enbridge keeps it operating even as the energy giant gains first permits for replacement tunnel.

Permits 58
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

BuildTools Delivers Major Productivity and Profitability Gains for Home Builders

Pro Builder

BuildTools Delivers Major Productivity and Profitability Gains for Home Builders. Bast brings productivity and profitability gains to home builders. I’ve built over 400 homes in BuildTools over the past 10 years and helped make the companies I worked for more productive and profitable along the way,” he says proudly. kcichowicz.

article thumbnail

How to Avoid 3 Common Commercial Construction Scheduling Delays

HardHatChat

Due to a variety of factors – from smaller profit margins following the economic downturn, to the sense of immediacy that’s so pervasive in the modern business world – everyone from our clients on down to our subcontractors are being squeezed for time and asked to deliver commercial construction projects on tighter schedules than ever before.

Schedule 312
article thumbnail

What’s in a JOC Coefficient

Job Order Contracting

Here’s a listing of what is typically included in a construction contractor’s Job Order Contract coefficient… Contractor’s overhead and profit. Subcontractors’ overhead and profit. Permits, licenses, and fees. All costs associated with bonding (specifically including bond premiums). Quality control.

Overhead 100
article thumbnail

Cannabis Retail Construction: How to Navigate the Green Rush

HardHatChat

Plus, having worked in many states and major cities, we’re familiar with the local construction landscape and can help anticipate regional considerations for labor, permitting and approvals.

Retail 296
article thumbnail

Phases of Commercial Real Estate Development

Construction Marketing

This phase includes determining the project’s scope, selecting materials, and determining the necessary permits and approvals. The developer will also need to obtain the necessary permits and approvals from local, state, and federal agencies. This includes creating a detailed project schedule, budget, and phasing plan.