by Gaurav Mehrotra | Dec 8, 2020 | Estimating, News
Executive Summary Many challenges in a project can be flushed out in the pre-bid phase with clear and concise questioning to the Owner. Consider these questions as a part of your bidding procedure. The Bidding Procedure The procedure’s quite simple: there’s an...
by Gaurav Mehrotra | Nov 27, 2020 | Cost Controls, Financial, Podcast
Executive Summary When making regular payments throughout the lifespan of a construction project, there are two main ways a general contractor or owner can achieve a significant level of financial protection: the joint check and/or the lien release. The Payment...
by Gaurav Mehrotra | Nov 24, 2020 | Management, News
Executive Summary Caring about your employees is human and it’s good for business. Combine the two to create solid and long-lasting relationships plus a healthy business. Send your employees to the doctor. Regularly. I’m in construction, why do I care? You care about...
by Gaurav Mehrotra | Nov 14, 2020 | Estimating, Podcast
Executive Summary Setting of bid prices on a unit price bid can have significant effects on the financial performance of a project. Set your unit prices in your proposals to have positive impact. Be strategic. Balanced Bid Prices A balanced bid price is when each of...
by Gaurav Mehrotra | Nov 6, 2020 | Claims, Claims Management, Podcast
Executive Summary Letters in the construction industry, during the course of a project, usually are reserved for contentious issues or to satisfy notification requirements. Here are six of the most important and common ingredients in these letters. Why do we Write...