Executive Summary: Cost and price are two different measures of money in a construction bid. Knowing the difference is fundamental and can improve profit. What is cost? Cost is the expense associated with an activity or item. It is just cost. It has nothing to do with...
Executive Summary: The U.S. Environmental Protection Agency implemented a rule on May 11, 2004 [QR1] which rocked the construction industry. It has made DEF (Diesel Exhaust Fluid) a household name. What is DEF? What is DEF? DEF is an acronym which stands for Diesel...
Executive Summary: A constructability review of a plan set can greatly benefit the project. On the surface, it looks like it benefits primarily the Owner, but the benefits to the design team and contractor can also be significant. All project parties should encourage...
Imperial vs. Metric Length in the United States is still primarily measured using inches and feet – inches add up to feet add up to yards add up to miles. These are called Imperial units. The vastly more common way on the planet of measuring distance is by using the...
Executive Summary Possibly the leading cause of contractor claim denials – lack of proper notice – just got a little bit easier for contractors thanks to the U.S. Armed Services Board of Contract Appeals’ conclusion that a request for information (RFI) can satisfy a...
Executive Summary: Escrowing your bid documents and estimate calculations allow the contractor and owner to review all documents relied upon and created by the contractor as of bid day. If this method of price evaluation is accepted by the owner, it can be an...