Executive Summary: Knowing the basics of accounting is essential in business. Knowing the balance sheet will help you assess your own financial...
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Bid Unbalancing – How It’s Done To Increase Profit
Executive Summary Contractors unbalance unit prices in their bids to take advantage of anticipated quantity overruns and underruns. An intelligent...
Determining Equipment Rates in Estimating
Executive Summary: Equipment cost within an estimate is one of the most common areas to make large scale adjustments in a bid’s price. It is also a...
The $5 Casio: Your Best Tool
Executive Summary: With all of today’s fancy and complex tools available in the marketplace, nothing is more important than simple calculations (and...
Calculation of Workers’ Compensation (WC), General Liability (GL) & Bond in your Estimates
Executive Summary: Many estimators do not understand how workers’ compensation, general liability, and bond costs are calculated. This article...
Contractor Wins Acceleration Impact Cost and the Incentive Payment
Contractor Wins Acceleration Impact Cost AND the Incentive Payment (1995) Executive Summary: The Pennsylvania Department of Transportation (PennDOT)...