Executive Summary. Prices in construction bids are usually received in one of two ways: unit prices or lump sum. Here we discuss differences and pros and cons of collecting construction bids via these two methods. Two ways. Pricing for construction jobs usually is...
Executive Summary. Ever prepped to pour a concrete encasement and lost sleep over whether or not it would float during the pour? Learn here how easy it is to calculate that buoyancy force. Archimedes was the man. Archimedes was a Greek mathematician that, back in the...
Executive Summary Many approaches exist for estimating – two of them being a theoretical approach versus a production history approach. One is based on what you think, the other on what you know. These terms may not be familiar to you, but the difference in execution...
Executive Summary: Many construction companies run their operations with too little specificity; costs ought to be reviewed on an activity-by-activity basis. Learn what, why and how to set up a good cost code structure. The bid and execution. Let’s use an example,...
Executive Summary Estimators are difficult to find, but one way to determine whether you have a good or great estimator on your staff, or in the interviewee chair, is whether or not they talk productivity rates or unit prices. What is construction estimating? A...
Listen to our podcast for new terms and check out our glossary below. Click on a term to find articles that reference that term. Glossary of Terms A Aggregate – Coarse material such as sand, gravel, or other crushed rock. Often used as a substrate or base...
ProjectThe DetailsThe Challenge Vivamus ipsum velit, ullamcorper quis nibh non, molestie tempus sapien. Mauris ultrices, felis ut eleifend auctor, leo felis vehicula quam, ut accumsan augue nunc at nisl. Vivamus ipsum velit, ullamcorper quis nibh non, molestie tempus...
ProjectThe DetailsThe Challenge Vivamus ipsum velit, ullamcorper quis nibh non, molestie tempus sapien. Mauris ultrices, felis ut eleifend auctor, leo felis vehicula quam, ut accumsan augue nunc at nisl. Vivamus ipsum velit, ullamcorper quis nibh non, molestie tempus...
ProjectThe DetailsThe Challenge Vivamus ipsum velit, ullamcorper quis nibh non, molestie tempus sapien. Mauris ultrices, felis ut eleifend auctor, leo felis vehicula quam, ut accumsan augue nunc at nisl. Vivamus ipsum velit, ullamcorper quis nibh non, molestie tempus...
ProjectThe DetailsThe Challenge Vivamus ipsum velit, ullamcorper quis nibh non, molestie tempus sapien. Mauris ultrices, felis ut eleifend auctor, leo felis vehicula quam, ut accumsan augue nunc at nisl. Vivamus ipsum velit, ullamcorper quis nibh non, molestie tempus...