Executive Summary: Sustaining a business, and more so growing a business, relies heavily on consistency in business practices. Start today with improving your company’s practices so that profitability can be maintained and even improved. Better yet, let your...
Executive Summary: Managing cash flow is imperative and it never hurts to see these challenges on paper. This article reminds you as the owner, the chief financial officer, or as a member of the project management team of the challenge of staying cash positive. Cash...
Executive Summary: Many estimators do not understand how workers’ compensation, general liability, and bond costs are calculated. This article discusses these calculations and how to properly include them in your bid. Workers’ Compensation (WC): Most contractors...
Contractor Wins Acceleration Impact Cost AND the Incentive Payment (1995) Executive Summary: The Pennsylvania Department of Transportation (PennDOT) awarded a time sensitive bridge rehabilitation project to a contractor and, within the contract, provided a large daily...
“The Crystal Ball of Construction Bid Estimating” Joseph Uno, LEED AP BD+C, President at J.Uno & Associates, Jim Bauckham, LEED AP BD+C, Senior Estimator with Nordic PCL, & Scott Jennings, P.E., President of SJ Construction Consulting gave a great...
Proverb #1: No good deed goes unpunished. I’ve got a couple of these proverbs up my sleeve when it comes to construction. This one I normally share with the newbies to the biz, but I find that those that have been around awhile benefit from it too. Where’s this...