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: Consultants sometimes carry a bad rap for what they do. They’re expensive and actual or perceived value is not recognized in their effort. Consider what they do bring to the table that your firm cannot. What does a management consultant do? At the...
Executive Summary: Construction is a litigious business. Often times the signs were right in front of you from day one. Pay attention and look for the behaviors of the parties that often indicate inevitable dispute and possibly a claim at the end of the job. See 20/20...
Executive Summary: Estimators know the construction work while the accountants know the financials. These two parties must work in harmony to benefit the company and their own livelihoods. This article recognizes the needs of both parties. The dilemma and end...
Executive Summary Each quote on bid day, whether from a subcontractor or a supplier, needs to be thoroughly reviewed before incorporating into the bid. Here’s a Top 5 countdown! #5 Math Errors Often times subs or suppliers will quote a certain quantity of an item and...
Executive Summary Contractors delayed by the owner often want to be reimbursed ‘x’ dollars per ‘y’ days for the cost of home office overhead. Most contractors are used to using the Eichleay Formula to recoup this cost. There’s a new formula available from a case in...