Apr 18, 2022 | Job Bidding
The hard bid estimating process is a widely used method of estimating construction costs and time. The process involves listing the various items that go into the building, such as labor and materials, and calculating their total cost. A hard bid is a rough estimate...
Apr 13, 2022 | Construction Equipment
The construction industry is constantly evolving, with new technologies and methods emerging. It can be difficult to keep up with the latest trends, but it’s important to be aware of them to stay ahead of the competition. Here are three construction technologies...
Apr 6, 2022 | Hiring, Management
A construction foreman ensures that everything runs well on a project site. They act as a bridge between the supervisors and the workers. A foreman’s primary responsibilities are scheduling projects, quality control, and monitoring the project’s progress. Becoming a...
Mar 10, 2022 | Finances, Job Bidding
AIA contracts are standard forms used in many construction projects across the United States. It outlines the responsibilities of both the contractor and the owner and can be used as a legal agreement between both parties. In this article, we will discuss the key...
Nov 18, 2021 | Construction Equipment, Finances, Hiring, Job Bidding
Here are some items that represent MAJOR dangers to your business. Putting All Your Eggs in One Basket One thing that you’ve got to be aware of is something my Dad always warned about (even though we ended up falling into the same trap), which is putting all of your...
Oct 28, 2021 | Job Bidding, Management
Excerpt from Digging for Profit: Secrets to Success in the Construction Industry, by Jeff Spencer and Jerry Work There are going to be times when you can’t self-perform every part of a project yourself. It’s very common to be looking at a project,...
Oct 22, 2021 | Finances, Job Bidding
Excerpted from the book “Digging for Profit: Secrets to Success in the Construction Industry” by Jeff Spencer and Jerry Work. So you have just bid on a job, or part of a job as a subcontractor, and you’ve received a contract back from the general...
Oct 19, 2021 | Finances, Job Bidding
In construction, “GMP” stands for “Guaranteed Maximum Price.” It is a contract whereby the General Contractor guarantees that the total cost of a project will not exceed a set amount. It is often a sort-of design-build kind of thing because the GC and its subs do the...
