Executive Summary When making regular payments throughout the lifespan of a construction project, there are two main ways a general contractor or...
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How to do a Job Cost Projection: Cutting through the Fog – Part 2
You can find Part 1 here. Let’s run through an example. Let’s do an example so you see some of the challenges. Let’s take one cost code in your...
How to do a Job Cost Projection: Cutting through the Fog – Part 1
Executive summary. An accurate job cost projection is vital to Company survival. And it’s not too complicated if you know the budget, the timing of...
Mistaken Taboo: Project Overhead
Executive summary. Field overhead carries different names with different contractors and owners. Discussed here is what field overhead is, and why...
Bond Premium and the Project Time Extension
Executive summary. Most traditional bond rates have two variables in their cost: the contract value and the time threshold. Do not forget to include...
Designing with Cost in Mind
Executive Summary. Contractors are often brought into a project in the design phase to minimize cost. Here are some guidelines on infrastructure...